Tuesday, June 27, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Intel SSD 545s Packs 64-layer 3D TLC Flash
Ransomware Hits Servers Across Europe
New Sony 20MP CMOS Image Sensor Released
Western Digital Launches New My Passport Ultra Drive
AMD Radeon Vega Frontier Edition Launches for $1,000
Huawei Unveils the Honor 9 in Berlin
European Commission Fines Google Record 2.42 billion Euros For Giving Advantage to own Comparison Shopping Service in Search
Fujitsu Virtual Machine Control Technology Improves Server Density
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
BlackBerry's Software and Services Sales Fell in Q1
BlackBerry Launches QNX Hypervisor 2.0. Software Platform For Connected Cars
BlackBerry KeyOne KEYone Android Smartphone Launching Next Month
Qualcomm To Pay BlackBerry $814.9 Million, Arbitration Panel Decides
BlackBerry Posts Profit At Software Efforts Pay Off
TCL Announces New BlackBerry Key On Smartphone At MWC
BlackBerry Sues Nokia Over Patents
BlackBerry Signs Third Smartphone Licensing Deal to Reach More Smartphone Users
BlackBerry To Launch New 'Mercury' Phone At MWC
Blackberry Posted Loss
BlackBerry To Spend $75 million on Autonomous Car Research
TCL to Make BlackBerry-branded Devices

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .