By Kuldip K. Ambastha
BlackBerry Limited (BB) is a well-known Canadian multinational company which had been named Research In Motion (RIM) initially. The technology (tech) company initially became famous for its BlackBerry line of pagers, smartphones, and tablets. Its current focus is on enterprise software and the Internet of Things (IoT). On Tuesday, January 19, 2021, the tech company’s stock had a gain of +25.5%. This gain happened due to BlackBerry Limited settling patent royalty disputes. Furthermore, the company has taken bold steps to reposition itself in recent months, such as selling off patents and signing new contracts. Commentators have speculated that BlackBerry Limited may become a prominent big data company in the future.
Keywords – BlackBerry Limited, BlackBerry, BB, Research In Motion, RIM, Canadian, Canada, technology, tech, enterprise software, Internet of Things, IoT, patent, royalty, contract, big data, future.
Disclosure – The principals and clients of Ambastha Financial LLC have no positions in BB.
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