BlackBerry shares soar as software sales hit record

Go back to BlackBerry shares soar as software sales hit record

BlackBerry (BBRY) Announces First BlackBerry Secure Licensing Deal with Yangzhou New Telecom Science & Technology Co.

September 28, 2017 7:33 AM EDT

BlackBerry Limited (NASDAQ: BBRY) today announced the company has signed its first BlackBerry Secure licensing deal with Yangzhou New Telecom Science and Technology Company Ltd. (NTD), a Yangzhou and Beijing based electronics design firm that develops and manufactures smartphones and IoT devices.

As part of BlackBerry's multi-dimensional licensing strategy, this licensing agreement means NTD will develop devices that will be branded by OEMs, carriers and local smartphone brands and marketed as "BlackBerry Secure" due to the use of BlackBerry's security software. This builds on the agreements with... More