BlackBerry Ltd
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Information Technology : Software | Mid Cap Value
Based in Canada
Company profile

BlackBerry Limited is a Canada-based company that provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of its BlackBerry Spark software platform, BlackBerry AtHoc, BlackBerry Alert and BlackBerry SecuSUITE. The IoT segment consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. This segment includes software licenses, bundled with support, maintenance, and professional services. The Licensing and Other segment consists of its intellectual property arrangements and settlement awards and its service access fees (SAF) business. It leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety and data privacy, endpoint security, endpoint management, encryption, and embedded systems.

Closing Price
$4.70
Day's Change
-0.10 (-2.08%)
Bid
--
Ask
--
B/A Size
--
Day's High
4.88
Day's Low
4.70
Volume
(Light)
Volume:
5,013,876

10-day average volume:
6,406,099
5,013,876

Volkswagen Group Software Powerhouse CARIAD Selects BlackBerry QNX for its Software Platform

8:00 am ET July 6, 2022 (PR Newswire) Print

QNX technology will help power CARIAD's software stack for automated driving

BlackBerry Limited (NYSE: BB; TSX: BB) today announced that CARIAD, the Volkswagen Group's software company has selected BlackBerry(R) QNX(R) technology as one component of its software platform VW.OS. Announced as part of Volkswagen Group's NEW AUTO strategy, CARIAD is developing a unified software platform that consists of VW.OS, the Volkswagen Cloud VW.AC and a scalable, unified end-to-end electronic architecture. The platform will be available for Volkswagen Group brands from the middle of the decade.

https://mma.prnewswire.com/media/726868/BlackBerry_Logo.jpg

BlackBerry will license its BlackBerry QNX technology to CARIAD, including its QNX(R) OS for Safety 2.2. It will be integrated in CARIAD's software platform VW.OS, specifically in the stack for advanced driver assistance systems and automated driving functions (ADAS/AD). Within this ADAS/AD stack of VW.OS, QNX OS for Safety 2.2 will serve as a reliable, safe and secure foundation. As part of the agreement, BlackBerry QNX will also provide professional engineering and consulting services for system-level integration, performance optimization, and solution validation.

"From chip to cloud, BlackBerry QNX is trusted by the world's leading automotive companies for our leading-edge embedded software solutions that deliver safety, reliability and security," said John Wall, SVP and Head, BlackBerry Technology Solutions. "With the industry coalescing around the pursuit of the software-defined vehicle, we look forward to working closely with CARIAD to help enable the cutting-edge cars of the future."

Based on BlackBerry's advanced and secure QNX(R) Neutrino(R) real-time operating system (RTOS), QNX OS for Safety is a fully POSIX compliant, open standards-based operating system that embedded developers can use to build safety-critical systems and has been certified to ISO 26262 ASIL D, the automotive industry's highest functional safety standard. With a pre-certified, scalable microkernel RTOS, the solution enables automakers and embedded software developers in a wide variety of industries to accelerate their development timelines and reduce the cost in moving projects from research to production.

BlackBerry's pedigree in safety, security, and continued innovation has led to the use of its QNX technology in production programs with 45 different OEMs, 7/7 of the top Tier 1s and over 215 million vehicles worldwide.

For more information on how BlackBerry QNX can help with building the safe and secure vehicles of tomorrow, please visit: BlackBerry.QNX.com.

About BlackBerryBlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 215M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY, EMBLEM Design and QNX are the trademarks or registered trademarks of BlackBerry Limited, its subsidiaries and/or affiliates, used under license, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:

BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.com

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View original content to download multimedia:https://www.prnewswire.com/news-releases/volkswagen-group-software-powerhouse-cariad-selects-blackberry-qnx-for-its-software-platform-301580242.html

SOURCE BlackBerry Limited

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COMTEX_409761111/1005/2022-07-06T08:00:10

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