BlackBerry and Qualcomm Extend Strategic Relationship to Deliver Automotive Platforms for Next Generation Vehicles
WATERLOO, ONTARIO--(Dec. 7, 2017) - BlackBerry Limited (NYSE:BB)(TSX:BB) and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ:QCOM), today announced a strategic collaboration to develop and produce cutting-edge automotive platforms for the next generation of connected vehicles. As a part of the non-exclusive relationship, the companies have agreed to optimize select Qualcomm Technologies' hardware platforms with BlackBerry's QNX software for use in virtual cockpit controllers (VCC), telematics, including eCall and Cellular Vehicle-to-Everything (C-V2X) technology, electronic control gateways, digital instrument clusters and infotainment systems. Additionally, BlackBerry and Qualcomm Technologies have agreed to optimize BlackBerry over-the-air (OTA) software and BlackBerry Secure Credential Management (SCM) Services for use with select Qualcomm® Snapdragon™ modems, supporting both companies' commitment to offer high performance automotive platforms quickly and cost-effectively.
"BlackBerry and Qualcomm Technologies have had a long-standing relationship for over a decade, collaborating on technologies that have revolutionized the way people live and work," said Sandeep Chennakeshu, President of BlackBerry Technology Solutions. "Today's announcement elevates our relationship as we aim to accelerate the delivery of the next generation platforms that connected vehicles will rely upon."
"As innovation in the automotive industry accelerates it becomes necessary for industry leaders to work together to deliver leading-edge technology platforms that help to make vehicles safer, more connected, and increasingly autonomous," said Patrick Little, Senior Vice President and General Manager of Automotive, Qualcomm Technologies, Inc. "Today we're building on our longstanding relationship with BlackBerry to develop automotive platforms that will accelerate the industry toward a more connected future."
BlackBerry is a cybersecurity software and services company dedicated to securing the Enterprise of Things. Based in Waterloo, Ontario, the company was founded in 1984 and operates in North America, Europe, Asia, Australia, Middle East, Latin America and Africa. The Company trades under the ticker symbol "BB" on the Toronto Stock Exchange and New York Stock Exchange. For more information, visit www.BlackBerry.com.
Qualcomm's technologies powered the smartphone revolution and connected billions of people. We pioneered 3G and 4G - and now we are leading the way to 5G and a new era of intelligent, connected devices. Our products are revolutionizing industries, including automotive, computing, IoT, healthcare and data center, and are allowing millions of devices to connect with each other in ways never before imagined. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, our QCT semiconductor business. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.
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