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How BlackBerry transformed from a ‘basket of parts’ into a money-making cybersecurity company | Financial Post
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How BlackBerry transformed from a ‘basket of parts’ into a money-making cybersecurity company | Financial Post

BlackBerry Ltd.’s purchase of Cylance Inc. for US$1.4 billion in November wasn’t exactly a blockbuster deal in the tech industry, where the big boys post billions of dollars in quarterly profits, and A-list IPOs are valued in the tens of billions.

In some ways, the deal is the culmination of the business strategy put in place by Chen when he took over in 2013, a time when BlackBerry’s future was very much in doubt and the company was in desperate need of a “turnaround artist” at the helm — an artist who clearly feels like he’s succeeded to this point.

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