Shares of BlackBerry Limited (NYSE: BB) up more than 20% to trade at $8.44 in early hours trading as the company confirmed that it would be hosting a fireside investors chat on Wednesday, December 2, 2020, to discuss the company’s new Intelligent Vehicle Data Platform for the production and promotion of BlakBerry’s Intelligent Vehicle Data Platform, IVY with Amazon Web Services, Inc. (AWS), an Amazon.com, Inc.’s (NASDAQ: AMZN) company. Automakers may use this knowledge to provide responsive driver and passenger experience services.
“Data and interconnectedness open up new avenues for innovation in the automotive industry, and BlackBerry and AWS share a common vision to provide better insights for autos and developers in order to provide consumers with new services,” said John Chen, Chief Executive Officer, and CEO, BlackBerry. “Without sacrifices to protection, safety or consumer privacy, this softwareplatform promises to contribute to the inventiveness of the vehicles and helps to develop new apps, services and opportunities. Our partnership with AWS will be extended to implement this vision and deliver BlackBerry IVY.”
“AWS and BlackBerry are constantly making it possible for every automaker of Amazon, Inc.’s Amazon Web Services, CEO Andy Jassy told BlackBerry that we will provide automakers with insights, skills, agility through our joint efforts with BlackBerry. The Amazon Web Services Inc. As car manufacturers aspire to advance in their digital transformations, BlackBerry IVY helps them to develop their brands and set the benchmark for automotive connected service.”
Charles Eagan, BlackBerry’s Chief Technology Officer, and Vito Giallorenzo, Senior Vice President, Corporate Development & Strategic Partnerships at BlackBerry in conversation with Tim Foote, BlackBerry Investor Relations.