Tuesday, September 26, 2017

BlackBerry may be sitting on a $1.6 billion war chest. Here’s what it could do with it

From: Financial Post 

NOTE:  "Treiber believes BlackBerry could go after emerging autonomous vehicle software providers, auto-focused cybersecurity companies, or focus on consolidating market share among embedded operating system providers. He thinks that may strengthen the company’s relationship with global auto manufacturers, top parts suppliers, and present cross-selling opportunities.
The analyst pointed to privately-held Green Hills Software, Drive.ai, Autonomy and Argus Cyber Security as some of the names that may be of interest."
We want to point out that Green Hills Software comes with a huge potential for litigation and liability.  It's small senior management team were all part of the original conspiracy for stealing the company from Glenn Hightower.  For more on that contact us using the form on this site.  We are giving interviews.  

Analysts believe that BlackBerry may make acquisitions of companies to strengthen its business in three areas

BlackBerry Ltd. got a lot of attention last Wednesday after it announced a new partnership that will see the Canadian technology firm’s QNX software used as the operating system for Delphi Automotive Plc’s self-driving technology. But much of the share price gains were lost by the end of the week, as investors remain concerned about a potential revenue miss when BlackBerry second quarter results on September 28.
The stock has risen more than 20 per cent year-to-date, after being up more than 65 per cent in early June, but the performance is nonetheless impressive considering that BlackBerry’s software revenue growth appears to be falling short of expectations. Even Chief executive John Chen has acknowledged that some catch-up is required if the company is going to achieve its software sales target.  MORE

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