.png){kind=logo}
BlackBerry to Go Public with Its IoT Business
Web Stories
BlackBerry to Go Public with Its IoT Business
BlackBerry, a Canadian technology company, announced its plan to separate its Internet of Things (IoT) and cybersecurity business units into two independent entities.
BlackBerry, a Canadian technology company, announced its plan to separate its Internet of Things (IoT) and cybersecurity business units into two independent entities.
The main objective of the separation is to pursue a subsidiary initial public offering (IPO) for the IoT business.
which is the market leader for high-performance, safety-critical foundational software in automotive and other industries.
BlackBerry believes that a separately traded IoT subsidiary will enable shareholders to more clearly evaluate the performance and future potential of its principal businesses.
BlackBerry's IoT business designs and creates software that powers more than 235 million vehicles and other devices.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
