BlackBerry shares soar in wake of Amazon deal to develop vehicle data platform

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Shares in BlackBerry Ltd. gained nearly 40 per cent in the wake of a deal with Amazon Web Services to develop and market BlackBerry's intelligent vehicle data platform, IVY.

company says BlackBerry IVYBlackBerry says automakers will be able to use this information in a variety of ways to help develop new features, functionality and performance.

The company says BlackBerry IVY will run inside a vehicle's embedded systems, but will be managed and configured remotely from the cloud.This report by The Canadian Press was first published Dec. 1, 2020.

Source: News Formal (newsformal.com)

 

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