BlackBerry Ltd announced Friday that it acquired Good Technology for $425 million to improve its position in the Apple world. BlackBerry expects to earn $160 million in revenue during the first year after the acquisition, which will close on November. This is according The Daly Mail UK. BlackBerry's shares listed in Toronto saw a 1.1 percent spike at C$7.97 in early during the trade. BlackBerry Chief Executive John Chen promised that their cash flow would remain positive overall. He said he sees a lot of opportunity to drive value for the company's stakeholders.
Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business.
BlackBerry Ltd is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters.
Seeking to extend its range of secure mobile devices, BlackBerry Ltd said on Saturday it was launching a high-security tablet, developed with International Business Machines Corp and Samsung Electronics Co Ltd.
BlackBerry Ltd said on Monday it plans to offer a cloud-based version of its device management platform BES12, a move that will make the service more accessible to small- and medium-sized businesses that need to secure devices on their own networks.
Google Inc launched an initiative on Wednesday to make smartphones running its Android software more appealing to corporations, a move that could help extend the Internet company's reach into workplaces.
Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple (AAPL.O) in the corporate market, according to a person familiar with the matter and documents seen by Reuters.
BlackBerry Ltd (BB.TO) is working with Boeing Co (BA.N) on Boeing's high-security Android-based smartphone, the Canadian mobile technology company's chief executive said on Friday.
Technology startups in Canada are seeking to lure back expatriates from Silicon Valley with the promise of executive roles, generous stakes and the chance to stamp their mark on a nascent industry.
BlackBerry Ltd (BB.TO) (BBRY.O) reported a smaller quarterly loss on Friday and flashed encouraging signals about its hard-pressed smartphone business as well as its software and services sales, spurring a more than 4 percent jump in its shares.
BlackBerry Ltd said it would not renew a deal allowing T-Mobile US Inc to sell its products, a gamble by the smartphone maker as it struggles to stabilize its business under an aggressive new chief executive officer.
Canadian smartphone maker BlackBerry Ltd sued former executive vice-president Sebastien Marineau-Mes for breach of contract when he resigned to transfer to Apple in a case where the court ruled in favor of BlackBerry.
BlackBerry Ltd plans to offer its enterprise clients with a unifying tool called BlackBerry Enterprise Service 12 as part of its drive to strengthen its core enterprise business, Reuters reported.
Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.
Fairfax Financial Holdings Ltd, which is BlackBerry Ltd.'s largest shareholder, on Wednesday announced that it would buy another $250 million of the struggling smartphone maker's convertible debentures.