Latest in Blackberry

Image credit:

BlackBerry liquidates most of its Canadian real estate

Jon Fingas, @jonfingas
March 21, 2014
Share
Tweet
Share

Sponsored Links

BlackBerry has been signalling for weeks that it would sell most of its Canadian offices in order to save some badly needed cash, and today it reached a deal to do just that. The pact will see the company sell over 3 million square feet of property in its homeland, leasing some of it back; the Waterloo headquarters should remain intact. Everything should wrap up before the end of BlackBerry's current quarter, which ends in May. The agreement should help BlackBerry focus on its core business (whatever that may be), although the move may not be enough when major customers like the White House are thinking of jumping ship.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

See the 'Girl with a Pearl Earring' painting in 10-gigapixel detail

See the 'Girl with a Pearl Earring' painting in 10-gigapixel detail

View
New White House website includes a hidden recruitment message for coders

New White House website includes a hidden recruitment message for coders

View
Samsung Display to make 90Hz OLED screens for laptops

Samsung Display to make 90Hz OLED screens for laptops

View
The Morning After: Biden-Harris day one, and Samsung Display's new laptop OLEDs

The Morning After: Biden-Harris day one, and Samsung Display's new laptop OLEDs

View
Synthetic cornea helped a legally blind man regain his sight

Synthetic cornea helped a legally blind man regain his sight

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr