BlackBerry today have announced more management and board changes which includes Frank Boulben, the Company’s Chief Marketing Officer and Kristian Tear, the Company’s Chief Operating Officer to leave BlackBerry.
BlackBerry today announced three German-based, enterprise customers have migrated to BlackBerry Enterprise Service 10, BlackBerry’s enterprise mobility management (EMM) solution. Mitsubishi Motors in Germany was looking for a solution to deliver high security and flexible device management. “We have been using BlackBerry smartphones for years, due to its excellent integration with the business environment and […]
BlackBerry reportedly rejected any proposal that involved breaking up the company, after several interests from companies such as Microsoft Corp, Apple Inc, Lenovo Group Ltd and many others, they decided to take a $1 billion dollar investment to keep it intact as they felt it was in the best for their business.
BlackBerry has revealed its partners in the $1 billion dollar investment that the company received. We initially knew of Fairfax Financial as well as Qatar Holding LLC, no other companies were known until a recent filing. The filing with the U.S. Securities and Exchange Commission today reveals the names of the investors, plus the amount of […]
In an interview with the Globe and Mail, Prem Watsa, now lead director at BlackBerry spoke lengthy about the plan for BlackBerry and why getting John Chen as executive chairman as well as interim CEO was the right choice for them. Mr. Watsa has been a long time investor and partner with BlackBerry, his plan […]
We know who Prem Watsa is, but who exactly is John S. Chen, the interim CEO of BlackBerry. John Chen previously served as the chairman and CEO of Sybase Inc., beginning in 1998. Under Mr. Chen’s leadership, Sybase was transformed from a mature technology company into a high-growth enterprise data management, data warehousing, mobility management and analytics innovator […]
Press release: WATERLOO, ONTARIO and TORONTO, ONTARIO–(Marketwired – Nov. 4, 2013) – BlackBerry (NASDAQ:BBRY)(TSX:BB), a world leader in the mobile communications market, today announced that it has entered into an agreement pursuant to which Fairfax Financial Holdings Limited (“Fairfax”) and other institutional investors (collectively, the “Purchasers”) will invest in BlackBerry through a U.S. $1 billion […]
With BlackBerry’s due diligence period only two days away reports are coming in that Fairfax Financial has failed or is struggling to come up with the proper funds to fully finance the purchase of BlackBerry. Reason for inability to come up with funds: “banks declining to participate on concerns that the smartphone maker will not be […]
The Wall Street Journal has reported that Mike Lazaridis, former Co-CEO of Research in Motion, is near an agreement with Cerberus Capital Management to enter the ring with a bid that can potentially open up the playing field for the bid on BlackBerry. Not only will Lazaridis be joining Cerberus, Doug Fregin – one of the original […]
Guess this isn’t really news, but rumor. However, the Wall Street Journal reports today that Facebook has stepped into talks with BlackBerry executives regarding a potential bid for the company by the Silicon Valley social media giant. Facebook has been a well-known supporter of the BlackBerry platform for years now, once upon a time exclusively […]
The Globe and Mail reports that John Sculley, the former Apple Inc. CEO who was partially responsible for the removal of Jobs from Apple in the 80′s, is considering bidding for BlackBerry Ltd. with Canadian partners. It seems as if more interest is being sparked in BlackBerry and at such an alarming rate. It’s no surprise […]