Recently, we informed you about BlackBerry’s programs to go personal in a $4.7 billion deal with Fairfax Financial. As it changes out, that procedure has dropped apart as the customer could not persuade the financial institutions that the deal was sensible enough. Still, a lot has modified within the organization.
The CEO who converted BB10 into a truth and crawled BB7 OS, Thorsten Heins is gone. His gap is loaded by John S. Chen who will act as the company’s interim chief, while also providing as its chair panel of administrators.
The organization has also completed a $1 billion deal with Fairfax Financial and a number of traders, as it looks for a way out of is latest problems. Of course, in come back of this kindness, the investors will choose what is best for the organization and what needs to be scraped to be able to progress.
The first phase as a aspect of that procedure is already taken, by means of a newly-appointed CEO. Mr.John S. Chen, the new CEO, has a record and popularity of saving failing organizations so that is not too bad at all.
More will adhere to later on. However, quite in contrast to what many people might be considering right now, the handset division of the company will not get axed at all.
“I know we have enough ingredients to build a long-term sustainable business,” the newly-appointed CEO said in an interview to Reuters, his first interview since the announcement. “I have done this before and seen the same movie before.”
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