Blackberry Ltd (BB.xnys)

Blackberry Ltd (BB.xnys)

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Blackberry Ltd (BB.xnys) Profile

BlackBerry Ltd (BB.xnys) is a cybersecurity company providing intelligent security software and services to deliver solutions in cybersecurity, safety, and data privacy to enterprises and governments globally headquartered in Waterloo, Canada. BlackBerry, originally known as Research In Motion (RIM), was developed as a brand of interactive pagers, smartphones, and tablets, and it transitioned to a cybersecurity enterprise software and services company. BlackBerry’s products are used by multiple companies, car manufacturers and government agencies to avoid hacking and ransomware attacks. The company also has a partnership with the University of Windsor to develop and deliver a cybersecurity curriculum for the university’s graduate master’s program in applied computing and an agreement with Amazon Web Services Inc. to develop and market an intelligent vehicle and data platform with under the name IVY. BlackBerry employs 3,497 people and had a market capitalisation of $5.23B (USD) as of December 2021 and a $916M (USD) yearly 2019 revenue. The BlackBerry Ltd (BB.xnys) stock is listed on the New York Stock Exchange (NYSE) and on the Toronto Stock Exchange (TSX). BlackBerry signed a new licensing agreement for smartphones with the US-based startup company, OnwardMobility. The company plans to launch a new BlackBerry, a 5G smartphone keyboard.

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 - Blackberry Ltd (BB.xnys)


BlackBerry shares drop slightly despite decent earnings beat

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