BlackBerry Ltd T.BB

Alternate Symbol(s): BB

Technology Software - Application

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

BlackBerry Ltd

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Post by SandHeadson Oct 02, 2013 10:13am

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Post# 21784038

Restructuring charges maybe $400 million.

This includes the layoff charges for 4500 people. Plus the news report said Blackberry may sell some of it's 20 buildings in Waterloo. So the company will have a lot financial strength going forward. The cost savings of a 4500 employee reduction will be a huge boost to the balance sheet going forward. A sale is not necessary imho. You couldn't start a company like this for what it is selling for. I think we will see more bidders then fairfax coming forward..

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