Friday, September 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Oracle's Ellison Steps Down
Qualcomm Announces Vuforia for Digital Eyewear, LTE Broadcast SDK, Demos Upcoming 810 SoC
Dropbox, Google, Open Technology Fund, Security Researchers Announce Simply Secure
Apple And U2 To Develop New Digital Music Format
AT&T Launches High-speed U-verse Service for Businesses
AMD Moves Closer To The Introduction Of Project FreeSync Monitors
Ericsson to Shut Modem Business
VIA Launches ARTiGO A900 Android System For IoT and M2M Deployments
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 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 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
BlackBerry Passport To Feature Siri-like Virtual Assistant
BlackBerry Z3 to Launch in the Middle East
Blackberry Previews Upcoming Passport Smartphone
BlackBerry Reports 1Q Profit
BlackBerry to Offer Amazon Appstore Available on BlackBerry 10 Smartphones
BlackBerry Launches BBM Protected for Secure Enterprise Messaging
BlackBerry And EnStream To Provide Secure Mobile Payments System

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 .