{"id":28763,"date":"2014-08-19T10:55:51","date_gmt":"2014-08-19T14:55:51","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=28763"},"modified":"2014-08-19T10:55:51","modified_gmt":"2014-08-19T14:55:51","slug":"blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection-28763","title":{"rendered":"BlackBerry Ltd (NASDAQ:BBRY) Creates a New Technology Unit for Patent Expansion and Protection"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/19\/2014 (wallstreetpr) \u2013<strong> BlackBerry Ltd (NASDAQ:BBRY)\u2019s <\/strong>shift of focus from the smartphone space after years of loss making continues to gain momentum after the company announced it was creating a new division that will be used to leverage its patents and technology. Headed by veteran technology executive, Sandeep Chennakeshu, the new unit seeks to house and protect the company\u2019s vast <a href=\"http:\/\/online.wsj.com\/articles\/blackberry-creating-new-technology-unit-1408371981?mod=rss_Technology\" target=\"_blank\">44,000 Patents<\/a> while also focusing on licensing some of the Patents gained over the years.<\/p>\n<p style=\"text-align: justify;\"><strong> BlackBerry Targeting Operational Synergies<\/strong><\/p>\n<p style=\"text-align: justify;\">The Company\u2019s CEO, John Chen, has already stated that combining all the company\u2019s assets under one unit will essentially result in operational synergies as well as revenue streams that should support the company\u2019s turnaround strategy. The move to house all the assets also comes as Mr. Chen continues to wind-down cost cutting measures that have seen the company makes improvements in the market in terms of margins as well as operational efficiency.<\/p>\n<p style=\"text-align: justify;\">Having taken over last year, Chen has worked to stabilize BlackBerry especially on the handset segment that has received a massive beating from other industries giants like <strong>Apple Inc. (NASDAQ:AAPL)<\/strong> and Samsung Electronics. The introduction of BlackBerry-Bold in March has also highlighted that the company is on the right track taking into consideration it is still the best brand in emerging markets such as Indonesia.<\/p>\n<p style=\"text-align: justify;\"><strong> BlackBerry Targeting &#8216;Internet of Things&#8217;<\/strong><\/p>\n<p style=\"text-align: justify;\">BlackBerry Ltd (NASDAQ:BBRY) has also been shifting its focus into software and service business instead of the hardware business that it was predominantly known for in the past. Its QNX software is currently powering its latest phones as well as being used to run car infotainment panels, as well as nuclear reactors and internet routers. BlackBerry Ltd (NASDAQ:BBRY) hopes to play a big role in the growth of the so-called \u201cInternet of Things\u201d that continues to grow at an alarming rate<\/p>\n<p style=\"text-align: justify;\">The combination of the assets under the technology unit according to Mr. Chen is expected to result in other revenue streams that should impact the company\u2019s earnings in the long term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/19\/2014 (wallstreetpr) \u2013 BlackBerry Ltd (NASDAQ:BBRY)\u2019s shift of focus from the smartphone space after years of loss making continues to gain momentum after [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":13855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1586,1612,3290,3012,8109,1002,1682,8108],"stock_ticker":[],"class_list":["post-28763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple-inc","tag-apple-inc-nasdaqaapl","tag-blackberry-ltd","tag-blackberry-ltd-nasdaqbbry","tag-john-chen","tag-nasdaqaapl","tag-nasdaqbbry","tag-sandeep-chennakeshu","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BlackBerry Ltd (NASDAQ:BBRY) Creates a New Technology Unit for Patent Expansion and Protection - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection-28763\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackBerry Ltd (NASDAQ:BBRY) Creates a New Technology Unit for Patent Expansion and Protection - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 08\/19\/2014 (wallstreetpr) \u2013 BlackBerry Ltd (NASDAQ:BBRY)\u2019s shift of focus from the smartphone space after years of loss making continues to gain momentum after [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection-28763\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-19T14:55:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/01\/BlackBerry-Ltd-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"259\" \/>\n\t<meta property=\"og:image:height\" content=\"194\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Greg Folin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Greg Folin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection-28763#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection-28763\"},\"author\":{\"name\":\"Greg Folin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/09a8586a8976289812879bbc81ac988e\"},\"headline\":\"BlackBerry Ltd (NASDAQ:BBRY) Creates a New Technology Unit for Patent Expansion and Protection\",\"datePublished\":\"2014-08-19T14:55:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection-28763\"},\"wordCount\":356,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/blackberry-ltd-nasdaqbbry-creates-a-new-technology-unit-for-patent-expansion-and-protection-28763#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/01\/BlackBerry-Ltd-1.jpg\",\"keywords\":[\"Apple Inc\",\"Apple Inc. 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