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1. • • On December 11, 2023, BlackBerry Limited (NYSE: BB, $3.26, Market Capitalization: $1.9 billion), a leading provider of security software and services to enterprises and governments, announced its plan to separate the IoT and Cybersecurity businesses to operate as fully standalone divisions.
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     BlackBerry Intends To Separate Internet Of Things Business In ...

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   Will BlackBerry separate IoT & cybersecurity?

   • REUTERS/Mike Blake/File Photo Purchase Licensing Rights Oct 4 (Reuters) - Canadian technology company BlackBerry (BB.TO), said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units and target a subsidiary initial public offering for the IoT business next fiscal year.

   BlackBerry to separate IoT and cybersecurity businesses, plans IPO

   www.reuters.com/technology/blackberry-separate-iot-cybersecurity-business-units-2023-10-04/

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   Is BlackBerry separating its business?

   • BlackBerry said in May it would consider strategic options for its portfolio of businesses that could include the possible separation of one or more of its businesses. Last year, it pulled the plug on its smartphones business and has since been trying to sell its legacy patents related to its mobile devices.

   BlackBerry to separate IoT and cybersecurity businesses, plans IPO

   www.reuters.com/technology/blackberry-separate-iot-cybersecurity-business-units-2023-10-04/

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   What is BlackBerry's separation process?

   • The separation process will include separating and streamlining BlackBerry’s centralized corporate functions into business-unit-specific teams, with a view to each division operating independently and on a profitable and cashflow-positive basis going forward.

   BlackBerry Intends To Separate Internet Of Things Business In 2024 - Fo…

   www.forbes.com/sites/joecornell/2024/01/08/blackberry-intends-to-separate-internet-of-things-business-in-2024/

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   When did BlackBerry become a company?

   • Incorporated in 1984, the Company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. The Company leverages AI and machine learning to deliver innovative solutions in Cybersecurity, safety, and data privacy solutions.

   BlackBerry Intends To Separate Internet Of Things Business In 2024 - Fo…

   www.forbes.com/sites/joecornell/2024/01/08/blackberry-intends-to-separate-internet-of-things-business-in-2024/

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   How does BlackBerry make money?

   • The Company has multiple products and services from which it derives revenue, structured in three businesses: Cybersecurity, Internet of Things (IoT), Licensing, and others. The Cybersecurity business consists of BlackBerry Spark®, BlackBerry® SecuSUITE® and BlackBerry® AtHoc®.

   BlackBerry Intends To Separate Internet Of Things Business In 2024 - Fo…

   www.forbes.com/sites/joecornell/2024/01/08/blackberry-intends-to-separate-internet-of-things-business-in-2024/

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   Does BlackBerry have a leaner corporate structure?

   • BlackBerry joins a number of companies that have split their units in recent years, favoring a leaner corporate structure to help investors better evaluate their separate businesses. Earlier this week, the packaged food giant formerly known as Kellogg Co completed its spinoff.

   BlackBerry to separate IoT and cybersecurity businesses, plans IPO

   www.reuters.com/technology/blackberry-separate-iot-cybersecurity-business-units-2023-10-04/

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3. www.blackberry.com › us › enBlackBerry Provides Update on Progress in Separation of ...

   www.blackberry.com › us › en

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   Feb 12, 2024 · Waterloo, Ontario – February 12, 2024 – BlackBerry Limited (NYSE: BB; TSX: BB) today provided an update on the previously announced process to separate its IoT and Cybersecurity businesses as standalone divisions, and drive the Company towards profitability and positive cash flow.

4. www.reuters.com › technology › blackberry-separateBlackBerry to separate IoT and cybersecurity businesses ...

   www.reuters.com › technology › blackberry-separate

   Oct 4, 2023 · Oct 4 (Reuters) - Canadian technology company BlackBerry (BB.TO), said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units and target a subsidiary...

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6. www.forbes.com › sites › joecornellBlackBerry Intends To Separate Internet Of Things Business In ...

   www.forbes.com › sites › joecornell

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   Jan 8, 2024 · On December 11, 2023, BlackBerry Limited (NYSE: BB, $3.26, Market Capitalization: $1.9 billion), a leading provider of security software and services to enterprises and governments, announced its...

7. finance.yahoo.com › news › blackberry-providesBlackBerry Provides Update on Progress in Separation of ...

   finance.yahoo.com › news › blackberry-provides

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   Feb 12, 2024 · BlackBerry has made material progress towards establishing both the IoT and Cybersecurity business units as fully standalone divisions. The Company has established a Project Management Office,...

8. finance.yahoo.com › news › blackberry-separate-iotBlackBerry to split in two, plans IPO for Internet of Things ...

   finance.yahoo.com › news › blackberry-separate-iot

   Oct 4, 2023 · (Reuters) — Canadian technology company BlackBerry (BB) said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units and target a subsidiary initial...

   • Video Duration: 2 min

   • Author: Reuters

9. www.investopedia.com › blackberry-to-spin-off-iotBlackBerry To Spin Off IoT Business, IPO Expected Next Year

   www.investopedia.com › blackberry-to-spin-off-iot

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   Oct 5, 2023 · BlackBerry announced plans to separate its Internet of Things (IoT) business, expecting to launch its IPO in the next fiscal year. The separation is intended to improve shareholder value and...

10. www.silicon.co.uk › e-enterprise › mergerBlackBerry To Separate Business Units, Seeks IPO | Silicon UK

    www.silicon.co.uk › e-enterprise › merger

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    Oct 5, 2023 · Canadian tech specialist BlackBerry (formerly known as Research in Motion) will separate parts of its business, and seek an IPO for one subsidiary next year. BlackBerry confirmed its...