Tuesday, March 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG Suses BLU Products Over LTE Patents
Intel Optane Memory Launches Next Month To Boost Your PC
Facebook's Messenger App Will Expose Your Location For An Hour
Samsung To Sell Refurbished Galaxy Note 7s
Transcend Announces Its First PCIe NVMe M.2 Solid State Drive
HTC Says New Companies Join The Vive X Accelerator Program
New HyperX Expands FURY DDR4 Memory Lineup Supports Plug and Play Automatic Overclocking up to 2666MHz
TSMC To Start Producing A11 InFo Chips For New iPhone In April
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
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
BlackBerry Unveils BlackBerry Secure For IoT Mobile Security
BlackBerry Inks Agreement with Ford to Accelerate Cars of the Future
BlackBerry Announces DTEK60, Latest Android Device With BlackBerry's Security Software
Blackberry Offifially Stops Making Smartphones, Outsources Mobile Business To Indonesian BB Merah Putih
BlackBerry And Samsung To Supply Spy-proof Tablets to the German Government

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 .