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BlackBerry lays out security strategy as turnaround takes shape

posted onJuly 24, 2015
by l33tdawg
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BlackBerry on Thursday showcased a suite of security products that safeguard everything from medical devices to Hollywood movie scripts, though its CEO acknowledged that his effort to transform the company remains a work in progress.

The Waterloo, Ontario-based company, whose smartphone market share has dwindled, is attempting to morph into a more software-focused entity.

“I’m pretty satisfied with the progress on the turnaround so far,” BlackBerry’s Chief Executive John Chen said in an interview just before an event in New York. “I laid out the $500 million software revenue target and I’m still comfortable with that commitment for this fiscal year, it looks good.”

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