BlackBerry to split, plans IPO for Internet of Things business

) announced it will be splitting in two. The company is planning to separate its Internet of Things and cybersecurity businesses. The tech company says it will conduct an initial public offering for its IoT business in the first half of its next fiscal year. Yahoo Finance Live breaks down the announcement.

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BlackBerry to split in two, plans IPO for Internet of Things businessBlackBerry joins several companies that have split their units in recent years, favoring a leaner corporate structure to help investors better evaluate their separate businesses.
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Live news: BlackBerry to split company, hold IPO for Internet of Things businessThe Financial Post brings you the top business stories as they happen for October 5, 2023. Read on for breaking news you need to know.
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BlackBerry to separate cybersecurity and Internet of Things business units - BNN BloombergBlackBerry Ltd. says it will carve its cybersecurity and Internet of Things business units into two independently operated entities.
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BlackBerry to separate cybersecurity and Internet of Things business unitsWATERLOO, ONT. — BlackBerry Ltd. says it will carve its cybersecurity and Internet of Things business units into two independently operated entities. The Waterloo, Ont.
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Live news: BlackBerry planning IPO for Internet of Things businessThe latest business news as it happens
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BlackBerry to split into two public companies in attempt to revive shareholder interestPlans to spin its connected-car software business into a separate public company
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