August 18, 2014 9:34am
BlackBerry has merged a number of operations under a new business unit called BlackBerry Technology Solutions (BTS), and has also appointed Dr. Sandeep Chennakeshu to lead the group.
BTS Group now “comprises BlackBerry’s innovative technology assets” that include QNX, its Internet of Things platform Project Ion, Certicom, Paratek, and its 44,000 patents — which has been valued between $2 billion to $3 billion.
Sandeep Chennakeshu, title inventor on 73 patents himself, was President of Ericsson Mobile Platforms and CTO of Sony-Ericsson before starting at BlackBerry.
John Chen, BlackBerry’s CEO, said, “I am very pleased that Sandeep has joined BlackBerry to lead BTS. QNX, Certicom and Paratek are strategic and technically innovative assets with significant potential to address the much wider global markets for secure, reliable communications and embedded applications. Combining all these assets into a single business unit led by Sandeep will create operational synergies and new revenue streams, furthering our turnaround strategy.”