BlackBerry Appoints Dr. Sandeep Chennakeshu President of BlackBerry Technology Solutions Business Unit
WATERLOO, ONTARIO--(Aug. 18, 2014) - BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global leader in mobile communications, announced today that it has named Dr. Sandeep Chennakeshu to lead a new business unit to be called BlackBerry Technology Solutions, or BTS. The BTS business unit comprises BlackBerry's innovative technology assets, including: QNX (embedded software), Project Ion (Internet of Things application platform), Certicom (cryptography applications), and Paratek (RF antenna tuning), as well as BlackBerry's extensive patent portfolio.
Executive Chairman and CEO John Chen said, "I am very pleased that Sandeep has joined BlackBerry to lead BTS. QNX, Certicom and Paratek are strategic and technically innovative assets with significant potential to address the much wider global markets for secure, reliable communications and embedded applications. Project Ion creates an application platform that enables secure and collaborative machine-to-machine communication required by the growing number of end-to-end, Internet of Things applications. Our broad global portfolio of 44,000 patents is of value to several industry segments. Combining all these assets into a single business unit led by Sandeep will create operational synergies and new revenue streams, furthering our turnaround strategy."
Sandeep Chennakeshu has been engaged in research, product development, IP creation/licensing and general management in the wireless, electronics and semiconductor industry for over 25 years, including serving as President of Ericsson Mobile Platforms and CTO of Sony-Ericsson. He is a named inventor on 73 patents and a Fellow of the IEEE.
Dr. Chennakeshu starts immediately.
A global leader in mobile communications, BlackBerry® revolutionized the mobile industry when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols "BB" on the Toronto Stock Exchange and "BBRY" on the NASDAQ. For more information, visit www.BlackBerry.com.
BlackBerry Media Relations
(519) 888-7465 x77273