The Futurum Group’s Ron Westfall and Todd R. Weiss explore Blackberry’s latest business strategy which will spin out its IoT business unit in a security-focused IPO that aims to sharpen the company’s primary business offerings to its customers.
Cite this
In our latest episode of The 5G Factor, our series analysts Ron Westfall and Todd R. Weiss of The Futurum Group share their insights as Blackberry spins out its IoT business unit for an IPO.
Blackberry Spins Out IoT Business Unit for IPO
In its latest business move, Blackberry has conducted a major overhaul of its strategic direction as its board of directors decided to separate its Internet of Things (IoT) and cybersecurity business units in preparation for an initial public offering (IPO) of its IoT operations in the company’s next fiscal year. In our latest episode of The 5G Factor, we dive into this strategy as Blackberry looks to sharpen its primary focus to provide services in security, including managed detection and response (MDR) and critical event management, following its 2019 $1.4 billion acquisition of Cylance. Blackberry’s Cylance technology uses AI to drive threat hunting, attack analysis, and incident response solutions that we deem as key cybersecurity differentiators for Blackberry including IoT applications.
Watch the full episode here: 5G Factor: 5G Growth Underpins PW, IoT Moves and New Use Cases
Disclosure: The Futurum Group is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of The Futurum Group as a whole.
Other insights from The Futurum Group:
The Need for Cyber Resilience: A Conversation with Rubrik – Futurum Tech Webcast
5G Factor: 5G Growth Underpins PW, IoT Moves and New Use Cases
NIST Cybersecurity Framework 2.0 Addresses Growing Cyberattack Threats
Subscribe to The Weekly
The week's market signals, one email, no filler. Unsubscribe any time.