BlackBerry teams with Canadian government to invest $350 millionAll Articles
Blackberry is planning to create 800 new jobs at its existing campus to develop technologies for self-driving cars.
The company will invest $310.5 million in software development for the next generation of autonomous vehicles, as well as skills training for workers in Kanata, Ontario. Blackberry's QNX software is set to develop new automated control systems, upgrade and secure communications in vehicles and improve vehicle safety and security by enlarging its driver-assistance system. Along with creating 800 new jobs, the company will also retain 300 employees. It also promised 1,000 co-op job placements for students from 10 unspecified Canadian post-secondary schools.
The $40 million worth of government incentives being given to Blackberry is a part of the Strategic Innovation Fund, which is an incentive program intended to stimulate the development of innovative products.
BlackBerry operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things. It offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces; BlackBerry AtHoc, a secure and networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting; and BBM Enterprise, an enterprise-grade secure instant messaging solution, as well as Communications Platform as a Service. The company also provides BlackBerry QNX, a software for automotive electronics; BlackBerry Jarvis, a cloud-based static binary code-scanning solution; Certicom that offers software components and end-to-end security solutions targeted at bandwidth and resource-constrained applications; Paratek, which offers adaptive radio frequency antenna tuning technology; BlackBerry Radar, an asset tracking and telematics product. In addition, it offers intellectual property and licensing; mobility licensing; other licensing programs; and develops legacy BlackBerry 10 platform, and delivers BlackBerry productivity applications to Android smartphone. The com[pany was founded in 1984 and is headquartered in Waterloo, Canada.
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