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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Bullboard Posts
Post by Giuseppe1on Mar 11, 2013 6:51pm
42 Views
Post# 21113268

Lenovo, "Buying, not partnering"

Lenovo, "Buying, not partnering"

Some stealth bashers are trying to downplay and twist the words of Lenovo.  CEO quote, "open to an eventual deal to buy BB."

 

https://news.cnet.com/8301-1035_3-57573696-94/lenovo-ceo-says-company-is-open-to-buying-blackberry/

 

 

Lenovo CEO says company is open to buying BlackBerry

Chief Executive Yang Yuanqing tells a French newspaper that a deal could make sense, but he'd need to look at the market first.

(Credit: CNET)

Lenovo's chief executive has told a French publication he is open to an eventual deal to buy embattled smartphone maker BlackBerry.

In an interview with the French financial newspaper Les Echos, Lenovo CEO Yang Yuanqing said that a deal could make sense, but added he would need to analyze the market and understand the importance of the company. Bloomberg spotted and translated the French language publication's story.

 

 

The comments sparked a 14.1 percent increase in BlackBerry's stock. It's up $1.84 to $14.90 in recent trading.

CNET contacted BlackBerry and Lenovo for comment, and we'll update the story when they respond.

Bloomberg noted that the comments were similar to Chief Financial Officer Wong Wai Ming's own comments earlier this year about looking at all opportunities.

In both statements, however, the executives hedged on just how open they were to striking a deal with BlackBerry.

 

Bullboard Posts