BlackBerry Focuses On Self-Driving Vehicles - Expands Partnership with TTTech Auto To Tackle Software Complexity

BlackBerry Limited BB on Thursday expanded its partnership with TTTech Auto to address the growing complexity challenges of software-defined vehicles.

The partnership will facilitate integration of QNX Operating System (OS) 8.0 with TTTech Auto’s scheduling solutions in a certified product.

“The combination of rapid advancements in silicon chip performance, increasing system integration and interdependency, and growing software complexity is creating a pressure cooker environment for SDV manufacturers,” said John Wall, SVP and head of QNX at BlackBerry.

This enhancement will optimize performance and maximize semiconductor utilization, especially in critical environments like Advanced Driver Assistance Systems (ADAS) for Self-Driving Vehicles.

This partnership builds on the success of an initial cooperation announced in June 2022.

On February 22, BlackBerry and the SANS Institute announced a new partnership in Malaysia. The parties intend to provide SANS training courses via the upcoming BlackBerry Cybersecurity Center of Excellence (CCoE) in Kuala Lumpur.

Recently, the company was in the headlines for announcing its plans to reduce additional positions within its cybersecurity business, which will likely save about $27 million annually, alongside $8 million from other non-headcount actions. 

To streamline its cost structure further, BlackBerry has withdrawn from six of its 36 worldwide office sites to decrease general and administrative expenses, including one in San Ramon, California. 

Price Action: BB shares closed higher by 1.91% to $2.67 on Wednesday.

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