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1. • • Blackberry has decided to split into two companies. The former mobile email monarch commenced a strategic review in May 2023, under the modest name "Project Imperium."
     www.theregister.com/2023/10/05/blackberry_split_plan/

     BlackBerry to split itself into two companies • The Register

2. People also ask

   Does BlackBerry have a separate IoT & cybersecurity business unit?

   • Progress with Separation 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, and appointed leading management consultants, Alvarez & Marsal, to assist with the process.

   BlackBerry Provides Update on Progress in Separation of Divisions and

   www.blackberry.com/us/en/company/newsroom/press-releases/2024/blackberry-provides-update-on-progress-in-separation-of-divisions-and-path-to-profitability

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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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   Why did BlackBerry break up?

   • "The chief objective of the separation is to pursue a subsidiary initial public offering for the IoT business, the market leader for high-performance, safety-critical foundational software in automotive and other verticals, with a launch targeted in the first half of the next fiscal year," states Blackberry's announcement of the split.

   BlackBerry to split itself into two companies • The Register

   www.theregister.com/2023/10/05/blackberry_split_plan/

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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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   How is BlackBerry reducing its cost structure?

   • During the current quarter, BlackBerry is taking further actions to streamline its cost structure. Within the Cybersecurity business, additional headcount reductions are expected to generate annualized savings of approximately $27 million and non-headcount actions an incremental $8 million.

   BlackBerry Provides Update on Progress in Separation of Divisions and

   www.blackberry.com/us/en/company/newsroom/press-releases/2024/blackberry-provides-update-on-progress-in-separation-of-divisions-and-path-to-profitability

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

   www.blackberry.com › us › en

   • Cached

   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, and appointed leading management consultants, Alvarez & Marsal, to assist with the process.

4. www.nasdaq.com › press-release › blackberry-providesBlackBerry Provides Update on Progress in Separation of ...

   www.nasdaq.com › press-release › blackberry-provides

   • Cached

   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,...

5. www.theregister.com › 2023/10/05 › blackberry_split_planBlackBerry to split itself into two companies • The Register

   www.theregister.com › 2023/10/05 › blackberry_split_plan

   • Cached

   Oct 5, 2023 · Blackberry has decided to split into two companies. The former mobile email monarch commenced a strategic review in May 2023, under the modest name "Project Imperium."

   • Author: Simon Sharwood

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

   www.forbes.com › sites › joecornell

   • Cached

   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...

7. 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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9. www.nasdaq.com › press-release › blackberry-providesBlackBerry Provides Project Imperium Update and Announces ...

   www.nasdaq.com › press-release › blackberry-provides

   • Cached

   Oct 4, 2023 · Based on input from the current process and with the support of management, the Board has determined that separating the IoT and Cybersecurity business units into two independently-operated...

10. www.webwire.com › ViewPressRelBlackBerry Provides Project Imperium Update and Announces ...

    www.webwire.com › ViewPressRel

    • Cached

    Oct 5, 2023 · Based on input from the current process and with the support of management, the Board has determined that separating the IoT and Cybersecurity business units into two independently-operated...