BlackBerry to split, plans IPO for Internet of Things business

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BlackBerry (BB) 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. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

) 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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