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BlackBerry Limited Message Board

  • taexpert928 taexpert928 Aug 27, 2013 5:37 PM Flag

    WSJ after 4PM says BBRY is spinning off BBM to create a new BBM company

    WSJ says that BBRY already stared to transfer employee to the new entity that will be the new BBM company.

    See the video on on WSJ

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • By WILL CONNORS

      BlackBerry Ltd. BB.T -3.83% is considering spinning off its messaging service into a subsidiary that would operate with more independence, according to people familiar with the matter.

      BlackBerry's Messenger service could be spun off into a subsidiary that would operate with more independence, amid a review that may result in a company sale. Spencer Ante and Brian Fitzgerald discuss on digits. Photo: BlackBerry.

      The Waterloo, Ontario-based smartphone maker is working to revive BlackBerry Messenger even as it pursues a strategic review that could result in a sale of the company.

      The subsidiary would be called BBM Inc., according to people familiar with the matter. The move signals that BlackBerry is trying to position BBM as a valuable asset ahead of a potential sale.

      • 1 Reply to taexpert928
      • MIT technology review say Patents worth " A boatload"
        Days after BlackBerry announced it was for sale, some people suggested that the beleaguered phone maker sell its patent portfolio to avoid going into the red.
        While BlackBerry's smartphones sales have been tepid at best, the company still has a healthy portfolio of 130 encryption patents. In fact, MIT Technology Review suggested these patents could be the company's biggest asset.What's unique about BlackBerry's security patents is that they use what's called elliptic curve cryptography, which is regarded as more efficient than RSA algorithms for small devices. BlackBerry bought these patents for $106 million from the developer Certicom in 2009.According to MIT Technology Review, this encryption technology will probably become one of the chief ways data is secured worldwide and therefore will continue to increase in value. Elliptic curve cryptography is not in high-use today because licensing the patents is so expensive.The U.S. government has had a long-standing licensing arrangement with BlackBerry to use elliptic curve cryptography to protect its departments and agencies' data. Many governments also prefer using BlackBerry gadgets to other types of smartphones because of the high security threshold. In May, all of the BlackBerry 10 devices succeeded in passing the rigorous U.S. Department of Defense security requirements
        . As BlackBerry weighs its options on how to best explore its "strategic alternatives," it appears these patents could give it some wiggle room. Either BlackBerry could sell the patent portfolio for a boatload of money or hang onto it to be more attractive to potential buyers

 
BBRY
9.49+0.19(+2.04%)Oct 17 4:00 PMEDT

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