Friday, July 01, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Nvidia Says New GeForce GTX 1060 Is Faster Than AMD's Radeon TX 480
Micron To Reduce Workforce Following Slow Third Quarter Results
Apple in Talks to Buy Tidal: Report
U.S. Authorities To Investigate Tesla's Crash in Autopilot Mode
Oracle To Pay HP $3 billion In Itanium Case
ZTE To Invest $180 Million In Tech Start-ups
Alliance Storage Technologies Releases New NETArchive NAS Storage Solution
Android N Will Be Called "Nougat"
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Blackbe...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 13, 2013
Blackberry Completes U.S. $1 Billion Investment


BlackBerry today announced that it has completed the previously-announced US $1 billion private placement of convertible debentures to Fairfax Financial Holdings Limited and other institutional investors.

Blackberry's investors have an option to purchase up to an additional U.S. $250 million principal amount of additional debentures within 30 days.

John S. Chen, BlackBerry Executive Chair and CEO, also released a statement to the BlackBerry Community, saying that the company is accelerating its efforts to transform its business, looking towards the future.

"We have begun moving the company to embrace a multi-platform, BYOD world by adopting a new mobility management platform and a new device strategy. We are also leveraging our tremendous assets, including BBM, our network and QNX. While we are proud of these accomplishments, we know there is more work to be donem" he said.

"I know that it?s going to take time, discipline and tough decisions to reclaim BlackBerry?s success and we are ready for that challenge."

Chen added that Blackberry is committed to delivering high quality products and services.




Previous
Next
Kingston Ships Secure USB Flash Drive for Enterprises        All News        Sony To Add MP3 and CD Playback To PlayStation 4
Apple, Samsung Fight Over Patent Damages     Mobiles News      Motorola Introduces The Moto G Budget Phone

Get RSS feed Easy Print E-Mail this Message

Related News
Software Boosts Blackberry's First Quarter Results
Blackberry Introduces Single Platform For Multi-OS Mobile Management
New Android Phones By Blackberry Coming This Year
BlackBerry Reports Revenue Drop
Blackberry Launches Cybersecurity Services For Enterprises
BlackBerry Cuts 200 Jobs To Trim Costs
We Are Commited to BlackBerry 10: CEO
BlackBerry CEO Avoids Talking About BB10
BlackBerry Brings Its Software To Self-Driving Cars
Blackberry To Continue Operations in Pakistan
Software Revenue Boost BlackBerry Earnings
PRIV by BlackBerry Gets Its First Update

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .