Saturday, October 01, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
California Proposes Law That Would Require No Human Presence In Self-driving Cars
Shuttle Releases New Palm-sized and 4K Ultra Slim PC-NC02U Series
Nintendo NES Classic Edition Launches In November, NX Could be Announced Earlier
Foxconn's Sharp to Invest $570 Million on Flexible OLED Panel Production
Google Apps for Work Become Smarter, Part Of New G Suite
Amazon Offers $2.5 Million to Advance Conversational Artificial Intelligence
Raspberry Pi Upgraded With A Visual Overhaul Called Pixel
E FUN Nextbook Ares 11 2-in-1 Android Tablet Costs Just $179
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

Friday, March 21, 2014
BlackBerry To Sell Most of Its Canadian Real Estate


Struggling smartphone maker BlackBerry has entered into an agreement pursuant to which it will sell the majority of its real estate holdings in Canada.

The announced transaction will bring cash to the company for its turnaround plan.

Under the terms of the agreement, BlackBerry will sell more than 3 million square feet of space as well as vacant lands. BlackBerry will also lease back a portion of the space.

BlackBerry expects closing to occur in the first quarter of fiscal 2015.

"The successful sale of property in Canada will help us move toward our goal of continued operational efficiency," said BlackBerry CEO and Executive Chair, John Chen. "As previously stated, BlackBerry remains committed to having a strong presence in Canada and we continue to consider Waterloo home to our global headquarters."




Previous
Next
Would You Retire XP For $100?        All News        Nokia Protests Tax Claim in India
Nokia, Microsoft Deal Delayed     Mobiles News      Nokia Protests Tax Claim in India

Get RSS feed Easy Print E-Mail this Message

Related News
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
BlackBerry Unveils The DTEK50 Android Smartphone
BlackBerry Could Release A New Phone Based On Its BB10 System
BlackBerry To Stop Manufacturing Classic Smartphone
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

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 .