Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  BlackBerry Ltd    BB   CA09228F1036

My previous session
Most popular
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

BlackBerry Ltd : Corporate News Blog - Blackberry Teams Up with Tata Elxsi to Design and Develop Secure Embedded Solutions Using Blackberry "QNX" Technologies

share with twitter share with LinkedIn share with facebook
share via e-mail
11/10/2017 | 01:01pm CEST

Research Desk Line-up: Harris Post Earnings Coverage

LONDON, UK / ACCESSWIRE / November 10, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for BlackBerry Ltd (NYSE: BB), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=BB. The Company and Tata group Company Tata Elxsi announced on November 08, 2017, that they are teaming up to "design and develop secure, mission-critical solutions" for Companies in sectors like automotive, industrial, medical, and network communication. The solutions would be developed using BlackBerry's QNX technologies. For immediate access to our complimentary reports, including today's coverage, register for free now at:


Discover more of our free reports coverage from other companies within the Communication Equipment industry. Pro-TD has currently selected Harris Corporation (NYSE: HRS) for due-diligence and potential coverage as the Company reported on October 31, 2017, its financial results for Q1 FY18. Tune in to our site to register for a free membership, and be among the early birds that get our report on Harris when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on BB; also brushing on HRS. Go directly to your stock of interest and access today's free coverage at:



Scope of the Strategic Partnership

As per the terms of the strategic partnership, Tata Elxsi will offer integrate and customize BlackBerry's embedded software solutions which include QNX Neutrino Realtime OS, QNX Momentics Tool Suite, QNX Hypervisor, QNX SDK for Apps & Media, QNX Wireless Framework, QNX OS for Safety, QNX OS for Medical, QNX CAR Platform for Infotainment, QNX Platform for Acoustics, and QNX Platform for ADAS. Tata Elxsi feels that with BlackBerry as a value-added integrator, the Company will shorten the time spent in marketing the products and it will allow Companies across sectors to rapidly adopt and integrate their products.

Commenting on the strategic partnership with Tata Elxsi, Kaivan Karimi, SVP and Head of Sales and Marketing for BlackBerry Technology Solutions, said:

"The explosion of connected products and mission-critical embedded systems has presented a tremendous opportunity for safe, secure, and trusted software solutions. By using trusted BlackBerry QNX technology, Companies around the world can develop safety-certified embedded systems and devices that are not just secure, but BlackBerry Secure. We are excited to partner with Tata Elxsi, and look forward to helping their customers accelerate the design, development, integration and testing of mission-critical, next-generation systems."

Nitin Pai, SVP of Marketing and Strategy, Tata Elxsi added:

"BlackBerry's rich suite of safety-certified and secure software solutions for mission critical applications, coupled with Tata Elxsi's automotive, industrial, medical, and general embedded development capabilities will enable OEMs and Tier 1 suppliers to quickly design, build and deploy sophisticated and secure system level solutions."

About BlackBerry QNX software

BlackBerry QNX-controlled systems has become a big part of everyday life and is in use whether one is driving a car or watching TV or using the internet. QNX is a commercial Unix-like real-time operating system, aimed primarily at the embedded systems market. It was developed by Canadian Company QNX Software Systems in 1980s which was acquired by BlackBerry in 2010. The key features of the software are its multi-level security, which is designed for safety-critical systems and has various industry certificates making it ideal for use in automotive, industrial and medical devices and is supported by high-performance computing platforms. The software provides a comprehensive, multi-level, policy-driven security model incorporating best-in-class security technologies which help guard against system malfunctions, malware and cybersecurity breaches. This makes it the most advanced and secure embedded OS developed for use in all safety and mission-critical applications. Companies like Cisco, Delphi, General Electric, Siemens, and Thales are already using BlackBerry QNX systems.

About BlackBerry Ltd

Founded in 1984, BlackBerry is a Waterloo, Ontario, based Canadian multinational Company specializing in enterprise software and the Internet of things. The Company was formerly known as Research in Motion (RIM) and manufactured the BlackBerry brand of smartphones and tablets. BlackBerry later moved focused on becoming a leading enterprise software and services company. The Company has a global presence across North America, Europe, Asia, Australia, Middle-East, Latin America, and Africa.

About Tata Elxsi

Bangalore, India based Tata Elxsi is a Tata Group Company. It is amongst the world's leading providers of design and technology services for product engineering and solutions across industries. It provides technology consulting, new product design, development, and testing services for the broadcast, consumer electronics, healthcare, telecom, and transportation industries. The Company also works closely with leading OEMs and suppliers in the automotive and transportation industries for R&D, design, and product engineering services from architecture to launch and beyond. The Company has extensive experience in technologies like artificial intelligence, analytics, cloud, and IoT. Tata Elxsi is accredited with Automotive SPICE Level 5 certification and is a member of leading consortiums such as AUTOSAR and OPEN Alliance.

Last Close Stock Review

On Thursday, November 09, 2017, the stock closed the trading session at $10.76, slightly down 0.55% from its previous closing price of $10.82. A total volume of 1.78 million shares have exchanged hands. BlackBerry's stock price soared 22.55% in the last three months, 15.08% in the past six months, and 50.49% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have skyrocketed 56.17%. The stock is trading at a PE ratio of 11.23. At Thursday's closing price, the stock's net capitalization stands at $5.72 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

© Accesswire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on BLACKBERRY LTD
07:59pBLACKBERRY : Designs a Winning Licensing Strategy
09/19BLACKBERRY : Why Olympus Trusts BlackBerry to Keep its File Security in Good Hea..
09/14BLACKBERRY : to Announce Fiscal Year 2019 Second Quarter Results on September 28..
09/13Today's Research Reports on BlackBerry, Real Matters, EXFO and MediaValet
09/13BLACKBERRY : and Check Point Software Announce Global Partnership to Mitigate Cy..
09/12BLACKBERRY : and Check Point Software Announce a Global Partnership to Mitigate ..
09/12BLACKBERRY : Introducing a New Secure Manufacturing Service to Win Consumer Trus..
09/12TODAY'S RESEARCH REPORTS ON TRENDING : Sierra Wireless and BlackBerry
09/12BLACKBERRY : Growing Global Partner and Channel Ecosystem to Help Drive Adoption..
09/12BLACKBERRY : Unveils New Ultra-Secure Software and Services for the Enterprise o..
More news
News from SeekingAlpha
09/22STOCKS TO WATCH : Calling Up Animal Spirits 
09/21Did Facebook Flip The Script On BlackBerry? 
09/17BLACKBERRY : It's Now Or Never 
09/05Facebook sues BlackBerry over mobile patents including messaging 
08/30BlackBerry patent in Android case ruled invalid 
Financials ($)
Sales 2019 892 M
EBIT 2019 49,0 M
Net income 2019 -151 M
Finance 2019 1 694 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 520,41
EV / Sales 2019 4,38x
EV / Sales 2020 3,93x
Capitalization 5 597 M
Duration : Period :
BlackBerry Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BLACKBERRY LTD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 21
Average target price 9,61 $
Spread / Average Target -7,6%
EPS Revisions
John S. Chen Executive Chairman & Chief Executive Officer
Steven M. Capelli Chief Operating & Financial Officer
Charles Eagan Chief Technology Officer
Barbara G. Stymiest Independent Director
Vivian Prem Watsa Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AT&T-13.12%245 310
CHINA MOBILE LTD.-3.79%198 780
NTT DOCOMO INC12.30%101 835
KDDI CORP10.50%70 533