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"Accordingly, the Board and management believe it is an appropriate time to initiate a comprehensive review of the Company's portfolio … to identify and evaluate opportunities to further enhance shareholder value." "The chief objective of the separation is to pursue a subsidiary initial public offering for the IoT business, the market leader for high-performance, safety-critical foundational software in automotive and other verticals, with a launch targeted in the first half of the next fiscal year," states Blackberry's
No info was offered regarding when BlackBerry expects to split. And the review of its ops is ongoing.