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Jan 25, 2021 12:44 AM

BlackBerry still a Buy? Long

BlackBerry LimitedNYSE

Description

On Dec. 1, Blackberry announced it had partnered with Amazon Web Services to develop and bring to market BlackBerry's Intelligent Vehicle Data Platform, IVY. Automakers will be able to use the software for the smart and autonomous electric vehicles being developed.

On Oct. 16, Blackberry announced it was partnering with Zoom. Zoom will be using Blackberry’s Blackberry Dynamics cybersecurity software in its mobile platform to protect companies from cyberattacks and data breaches. Blackberry Dynamics software also provides secure video conferencing, which Blackberry says will become more necessary as companies move away from in-person meetings.

Earlier this month, it was reported that Blackberry had sold 90 patents to Chinese telecommunications company Huawei. (Source: benzinga.com)

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