Earlier today news broke that Billionaire Jim Simons invested nearly $36 Million (U.S) in BlackBerry by purchasing 3.3 Million shares of the company. It seems that Simon believes in what BlackBerry CEO John Chen is looking to do, which is establish BlackBerry solidly into the Internet of Things.
"BlackBerry is well positioned to lead this revolution. The firm’s QNX operating system is already counted on to run medical devices, nuclear power plants, and vehicle infotainment systems. No other company can match BlackBerry’s reputation for security.
So, while most investors are still focused on capturing the 5 billion handsets in the world, BlackBerry is setting its sights on the 500 billion or so other devices that are out there. That presents a giant opportunity for an organization with the experience and track record of QNX."
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Source: Motley Fool