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- Canadian technology company BlackBerry, 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.
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Jan 8, 2024 · It is worth noting BlackBerry operates in the IoT and Cybersecurity, which are high-growth markets, with IoT expected to have a Total Addressable Market (TAM) of $3.3 trillion by 2030 and...
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.
Apr 17, 2023 · The convergence of cybersecurity and the IoT is aligned with BlackBerry’s capabilities, uniquely positioning the company to secure the interconnected IoT and expanding the company’s differentiation strategy.
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...
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- Reuters
Dec 12, 2023 · BlackBerry is reneging on its plan to divide its IoT and cybersecurity arms into two different companies. The initial plan, announced in October, suggested separating its IoT and cybersecurity business units, with a target to pursue an initial public offering (IPO) for its IoT arm in the first half of the next fiscal year.
Dec 11, 2023 · BlackBerry Ltd. said Monday it has named John J. Giamatteo, head of its cybersecurity business since October of 2021, as its new chief executive, effective immediately.