BlackBerry Creates New Unit For Potential High-growth Assets
BlackBerry said on Monday it has created a new unit to house what many consider to be among its most promising assets – cryptographic applications, its QNX embedded software and Project Ion platform for connecting devices. The Canadian smartphone maker, which CEO John Chen is trying to revamp, said Sandeep Chennakeshu will start immediately as president of the BlackBerry Technology Solutions unit. The division will also include a portfolio of 44,000 patents and the Paratek antenna tech company purchased by BlackBerry in 2012. BlackBerry’s QNX software powers its latest phones, but also helps run car infotainment panels, nuclear reactors and massive Internet routers.
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