5G Technology World

  • 5G Technology and Engineering
  • FAQs
  • Apps
  • Devices
  • IoT
  • RF
  • Radar
  • Wireless Design
  • Learn
    • 5G Videos
    • Ebooks
    • EE Training Days
    • FAQs
    • Learning Center
    • Tech Toolboxes
    • Webinars/Digital Events
  • Handbooks
    • 2024
    • 2023
    • 2022
    • 2021
  • Resources
    • Design Guide Library
    • EE World Digital Issues
    • Engineering Diversity & Inclusion
    • Engineering Training Days
    • LEAP Awards
  • Advertise
  • Subscribe

Blackberry Eyes Software Acquisitions In Face of Low Handset Sales

By Diana Goovaerts | November 6, 2015

Blackberry CEO John Chen said in a Friday interview with Bloomberg TV that the company is eyeing more acquisitions in software technology as its smartphone sales continue to struggle.

According to Chen, the struggling device-maker’s efforts will be focused on a goal of reaching $500 million in software revenue. Within the last 20 months, Chen said Blackberry has made five acquisitions, including its recent deal with Good Technology and is hoping to complete more going forward.

“Devices are always an important part of our business,” Chen said. “But…we are generating a lot of business in the software world….If we don’t get a good hardware business going, we will more consider the software side.”

Though the company has been struggling to turn its handset sales figure around, most notably with the recent unveiling of its Android-based Priv smartphone, Chen has made it clear the company won’t cling to the failing segment if it can’t turn a profit soon. On Friday, though, Chen said the company is making an earnest effort with the Priv, investing “quite a bit” of marketing muscle to promote the device.

When asked Friday if a failure of Priv to meet expectations would result in Blackberry’s exit from the device space, Chen said “the market will tell us, I never rule anything out.”

So far, however, Chen said the company’s prospects of sustaining its hardware business “look good.”


Filed Under: Devices

 

Next Article

← Previous Article
Next Article →

Related Articles Read More >

High-directivity couplers optimized for 225 – 750 MHz applications
Integrated into IoT devices, iSIM poised to make inroads
Triple-radio and multiprotocol MCUs add application processors
5G vectors
How RedCap fits into 5G and IoT

Featured Contributions

  • Overcome Open RAN test and certification challenges
  • Wireless engineers need AI to build networks
  • Why AI chips need PCIe 7.0 IP interconnects
  • circuit board timing How timing and synchronization improve 5G spectrum efficiency
  • Wi-Fi 7 and 5G for FWA need testing
More Featured Contributions

EE TECH TOOLBOX

“ee
Tech Toolbox: Internet of Things
Explore practical strategies for minimizing attack surfaces, managing memory efficiently, and securing firmware. Download now to ensure your IoT implementations remain secure, efficient, and future-ready.

EE LEARNING CENTER

EE Learning Center
“5g
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for EE professionals.

Engineering Training Days

engineering
“bills
5G Technology World
  • Enews Signup
  • EE World Online
  • DesignFast
  • EDABoard Forums
  • Electro-Tech-Online Forums
  • Microcontroller Tips
  • Analogic Tips
  • Connector Tips
  • Engineer’s Garage
  • EV Engineering
  • Power Electronic Tips
  • Sensor Tips
  • Test and Measurement Tips
  • About Us
  • Contact Us
  • Advertise

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy

Search 5G Technology World