Remember the Blackberry? After partnering with the Indonesian company, PT BB Merah Putih, BlackBerry will no longer manufacter those (what seem like) outdated phones! Instead, the phone company will rely on partners to manufacture the phones.
The company announced a joint venture with the Indonesian telecom company that will start making them.
“BlackBerry is no longer just about the smartphone, but the smart in the phone. Working with trusted partners to extend the reach and availability of our secure mobility software remains a key focus for the Mobility Solutions unit and this joint venture is just one of our next steps in making our software licensing strategy successful,” said John Chen, Executive Chairman and CEO, BlackBerry.
And with that news, Blackberry also announced a new CFO on Wednesday. Steven Capelli brings 25 years of executive experience in the software and technology industry.
“I am pleased to welcome Steve Capelli as our new Chief Financial Officer,” said John Chen, Executive Chairman and CEO of BlackBerry.
Most recently, Capelli was President of Worldwide Field Operations at Sybase with responsibility for $1 billion in annual revenue.