Thursday 28 April 2016

BlackBerry’s Turnaround CEO Dials Up Cybersecurity, And It Answers

Chen is best known as the former turnaround CEO at Sybase, Inc. — where he resuscitated an aging and ailing database maker. Under his leadership, Sybase reorganized around next generation technologies and achieved 55 consecutive quarters of profitability and sold for $5.8 billion to SAP in 2010.

Now Chen is at it again. After BlackBerry’s spectacular fall from grace in the smartphone hardware market a few years ago, the company is looking every bit the enterprise software and security company it set out to become when its new CEO joined in 2013.

On BlackBerry’s earnings call earlier this month — which is transcribed by Seeking Alpha — Chen recapped the past fiscal year: “In FY16, we achieved some significant business accomplishments. We completed the acquisition of WatchDox, AtHoc, Good Technology and Encription to drive the cross-platform software and Internet of Things strategy. We launched two new devices, Leap and Priv. Priv represents BlackBerry’s first Android device and supports our cross-platform strategy and our ability to provide a secure end-to-end mobile platform for Android in the enterprise.”

The acquisitions (which are now divisions or product lines inside the company) and product launches paint a picture of the new BlackBerry. For the full article click here 



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