Oct. 5, 2023, 3:17 p.m. |

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Subsidiary IPO Will Split High-Growth IoT Unit From Low-Growth Cybersecurity Unit
BlackBerry will split its $418 million cybersecurity business and $206 million IoT business into separate, independently-operated entities following a strategic review that lasted five months. The split will help shareholders clearly evaluate the performance and future potential of each business.

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