Wednesday, November 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Europe Wants Right-to-be Forgotten to Go Globally
Far Cry 4 Game Available For Free With Purchase of 840 EVO SSD
UK Music Industry Seeks For New Tax on CD Copying
Samsung's DeepSort Sorting Engine Prevails In Benchmarks
Sony Plans E-Paper Watch: report
HP Reports Fiscal 2014 Full-Year and Fourth Quarter Results
Hitachi Wearable Device Monitors Brain Functions
Hitachi Technology Stores Digital Data In 100 Recording Layers, Data Can be Stored For 300 million Years
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 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
Trade Your iPhone for BlackBerry Passport And Get $550
BlackBerry Focuses On Enterprise Mobility
Updated BBM Offers More Privacy, Control and More
BlackBerry CEO Creates Buzz Ahead of Classic Launch
BlackBerry Report Quarterly Loss, Focuses To Growth
Square Blackberry passport Released And Does Not Become Bent
BlackBerry Passport Launches Tomorrow
Blackberry Introduces Elegant Porsche Design P9983 Smartphone
BlackBerry Acquires Movirtu, Eynvisions A BBM Smartwatch
BlackBerry Establishes New Unit For Patents, Software
BlackBerry Gets New Government Approval for Multi-Platform Management
BlackBerry Strengthens Its Mobile Security Portfolio With The Acquisition of Secusmart

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .