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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

Post by Bookworm28on Jan 31, 2022 12:25pm
224 Views
Post# 34379338

$600 Mill for Non-Core Patents

$600 Mill for Non-Core PatentsThey said non-core patents. If that's the case, the only question that remains is did they get good value? I do like the fact they get a $600 mill cash infusion. No dilution, no additional debt. I'm not a big fan of the CEO's either, but maybe the team at BB that actually put the package together did a 1/2 decent job. We'll see what the market thinks. Personally, I think it was good. Better than having those patents sitting on the shelf for another 'x' years collecting dust.
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