Companies aren't valued by the gross sum of their assets minus liabilities. I guess it means they expect BB to generate more than 1.2B in value thanks to that .8B cash infusion.

It seems like premium manufacturers are having a problem with Qualcomm's licensing and the FTC and courts are sympathetic.

How much value is added by Qualcomm to a Blackberry or iPhone? My limited understanding is that every sold - even unrelated - feature added to the phone effectively included a tax to Qualcomm. It is a great business model until it isn't.

We [..] look forward to collaborating with Qualcomm in security for ASICs

BlackBerry is a mobile-native security software and services company dedicated to securing people

???

Can someone explain what BlackBerry think they are doing nowadays?

(fairly sure) Blackberry still owns QNX, which is still very popular in high-security environments such as automotives.

lol..

> "BlackBerry and Qualcomm have a longstanding relationship and continue to be valued technology partners," said John Chen, Executive Chairman and CEO of BlackBerry.

Continuation highly questionable

They've always had BES, and they bought Good Technology which was used by just about every big bank and Government/military agency. They've got a huge presence in orgs with regulated security requirements for mobile comms.

BlackBerry is coming back (not to smartphone market which they lost completely), as a company. The stock price has been surging.

What do they sell?

Mobile device management (MDM) software.

Basically they tweaked BES to work with iOS/Android and are now selling it to enterprise as a solution for BYOD management.

Lawsuits.

I don't think I would say it is "surging". It is up on this news, but if you remove the last 2 weeks it's unchanged since late 2015.

This should keep them going another year...

Think the bigger news might be blackberry is still in business..

One can only hope. More competition is always welcome, arguably now more than ever.

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