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BlackBerry Limited, formerly Research in Motion (RIM), is a Canadian multinational communications corporation, founded in 1995. It is headquartered in Waterloo , Ontario . Acquisitions
More than a few major tech companies have been eyeing BlackBerry maker Research In Motion (RIMM), according to recent published reports. Reuters is reporting that Amazon.com (AMZN) hired an ...
If you look at the fundamentals alone, there is no scenario in the world where you should consider an investment in BlackBerry . Yet, with acquisition rumors getting louder, and Blackberry's stock ...
Movirtu was acquired in September 2014, by BlackBerry. Movirtu is a U.K. startup that allows multiple phone numbers to be active on a single mobile device. At the time of the acquisition BlackBerry announced they would expand this functionality beyond BlackBerry 10 to other mobile platforms such as Android and iOS. [174]
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In response to strategic changes at BlackBerry, Fregin and Lazaridis established Quantum Valley Investments, a venture fund, in March 2013. [ 12 ] They also considered acquiring BlackBerry and engaged Goldman Sachs Group Inc and Centerview Partners LLC to review their options.
Simon Dawson/Bloomberg via Getty Images By Jeffrey Hodgson TORONTO -- Fairfax Financial Holdings was seeking more than $1 billion in equity investments from institutional investors to back its ...
But that June, BlackBerry cut 2,000 employees, or 11% of its global workforce, and the joint CEOs reduced their pay to $1. The share value had tumbled from $137.41 in 2008 to $14.80 at the end of 2011. By then, the iPhone from Apple had launched and cornered the mobile apps market, and some investors called for resignations from the executive ...