If you are a BlackBerry user or a RIM fan, this news should give you heart; even make you rejoice! BlackBerry has managed to save itself - the smartphone manufacturer has found a way to wriggle out of a very tricky situation. A few days back, the news that BlackBerry would be sold off, had the RIM user and developer community in chaos. Every software company in Malaysia and around the world was clamoring to know about the situation. And justifiably so as Software Development Company in Malaysia have a lot at stake in terms of their financial and technological investment in BlackBerry and RIM, especially after the recent launch of their Z30 smartphone based on the BlackBerry 10 OS, and 3 other smartphones in this year itself. Imagine a pool of highly-skilled and expert resources sitting primed in a software development company in Malaysia or anywhere around the world, suddenly rendered obsolete because the technology wasn’t being used anymore! Gut wrenching, isn’t it? Thankfully, in BlackBerry’s case, they found a savior in Fairfax Financial Holdings who also are a shareholder in the company. With a USD 1 billion loan from Fairfax, BlackBerry may be surely back on track to competing with rival smartphone and mobile device manufacturers. But, this move did come at a cost as CEO Thorsten Heins, who was at the helm of the BlackBerry 10 platform and BlackBerry Enterprise Server (BES) 10, will have to resign after the deal is signed. John S. Chen, the former Sybase CEO, would slot in as chairman and interim CEO. As one of the leading software companies in Malaysia, we are very glad that BlackBerry managed to clutch on to a straw and did not drown. Being one of the first and premier smartphone manufacturers in the world, they deserved that much for sure.
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