BlackBerry Cancels IPO, Separates Cybersec and IoT Units
Subsidiary IPO Canceled in Announcement, Naming John Giamatteo as CEOBlackBerry reversed plans for an equity carve-out of its internet of things business in a Monday announcement of plans to instead make its cybersecurity and IoT units independently operated entities. The Canadian firm also selected company insider John Giamatteo as its new CEO.