Companies aren't valued by the gross sum of their assets minus liabilities. I guess it means they expect BB to generate more than 1.2B in value thanks to that .8B cash infusion.
It seems like premium manufacturers are having a problem with Qualcomm's licensing and the FTC and courts are sympathetic.
How much value is added by Qualcomm to a Blackberry or iPhone? My limited understanding is that every sold - even unrelated - feature added to the phone effectively included a tax to Qualcomm. It is a great business model until it isn't.
> "BlackBerry and Qualcomm have a longstanding relationship and continue to be valued technology partners," said John Chen, Executive Chairman and CEO of BlackBerry.
They've always had BES, and they bought Good Technology which was used by just about every big bank and Government/military agency. They've got a huge presence in orgs with regulated security requirements for mobile comms.
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[ 3.0 ms ] story [ 56.5 ms ] threadQualcomm [0]
CNBC [1]
Engadget [2]
The Verge [3]
CNET [4]
PR Newswire [5]
[0] https://www.qualcomm.com/news/releases/2017/04/12/arbitratio...
[1] http://www.cnbc.com/2017/04/12/blackberry-awarded-815-millio...
[2] https://www.engadget.com/2017/04/12/blackberry-wins-815-mill...
[3] http://www.theverge.com/2017/4/12/15270006/qualcomm-blackber...
[4] https://www.cnet.com/au/news/blackberry-qualcomm-apple-award...
[5] http://www.prnewswire.com/news-releases/arbitration-panel-aw...
How much value is added by Qualcomm to a Blackberry or iPhone? My limited understanding is that every sold - even unrelated - feature added to the phone effectively included a tax to Qualcomm. It is a great business model until it isn't.
Basically they tweaked BES to work with iOS/Android and are now selling it to enterprise as a solution for BYOD management.
??
BlackBerry is a mobile-native security software and services company dedicated to securing people
???
Can someone explain what BlackBerry think they are doing nowadays?
> "BlackBerry and Qualcomm have a longstanding relationship and continue to be valued technology partners," said John Chen, Executive Chairman and CEO of BlackBerry.
Continuation highly questionable