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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 nellybbon Dec 20, 2022 3:25pm
194 Views
Post# 35182989

Mr John Chen a visionary

Mr John Chen a visionary BB looks poised to get a big boost from a provision that it is being the proposed National Defense Authorization Act, which is viewed as “must-pass” legislation.Under the provision, government agencies will be allowed to, without any outside approvals, finalize contracts with cybersecurity vendors that have the FedRAMP certification. BlackBerry has the FedRAMP certification and already has deals with many U.S. government agencies. The provision is likely to enable the company to greatly accelerate the amount of revenue that it generates from the federal government.Meanwhile, on the QNX front, the value of BB’s design wins in the first two quarters of its current fiscal year had been higher than any previous full year. Moreover, BB should benefit meaningfully as auto supply chains recover and connected cars proliferate further.
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