, which has struggled to regain investor interest since the demise of its smartphone business, is exploring a potential breakup of the company.
and the deal could be worth up to US$900-million to BlackBerry depending on the new owner’s success in pursuing further licensing deals. Mr. Chen is into his 10th year as CEO, a period marked by two phases: He was successful in transitioning the company completely out of the smartphone business and cutting costs while securing its future as a continuing company.
The cybersecurity business, largely a collection of companies purchased by BlackBerry over the years, has been a disappointment. Itthan expected. BlackBerry is a leader in the device management business, but it is a crowded, mature niche sector.