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BlackBerry Stock Price Rises Following Google and Qualcomm Link-up

Investing.com
·1-min read

By Sam Boughedda

Investing.com — BlackBerry (NYSE:BB) stock rose 5.2% on Wednesday after it announced new technology and partnerships with Okta, Mimecast and others.

BlackBerry said the technology will help automakers deliver the ultimate cockpit experience while accelerating time to market. It introduced the availability of a QNX Hypervisor and VIRTIO-based reference design to virtualize Android Automotive operating system (OS) on the 3rd Generation Snapdragon Automotive Cockpit Platform.

Qualcomm (NASDAQ:QCOM)'s Snapdragon semiconductor chips are embedded in android devices, while, of course, Google (NASDAQ:GOOGL) owns the Android Operating system.

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The QNX Hypervisor is a technology that allows the secure separation and isolation of various operating systems on a single computing platform. Meanwhile, VIRTIO is an open standard representing the interface between Android Automotive OS and the virtual machine.

The combination of the QNX Hypervisor and QNX's VIRTIO implementation allows Android's Automotive OS to run out of the box, enabling easier upgrades to newer operating system versions.

In addition, Blackberry (TSX:BB) unveiled new partnerships with Okta (NASDAQ:OKTA), Mimecast (NASDAQ:MIME), Stellar Cyber, and XM Cyber to its extended detection and response (XDR) platform, and updates to its BlackBerry Guard 2.0 solution.

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