BlackBerry ($BB) + Microsoft ($MSFT) Partnership: What You Should Know.

We know – BlackBerry hasn’t been heard of for years. For BlackBerry investors, the Microsoft partnership news definitely comes off as a surprise.

Whether we believe in this company or not, we know for a fact that BlackBerry has been releasing news investors/consumers want to hear.

With the announcement of the Microsoft partnership, what could this mean for BlackBerry?


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BlackBerry

We all know what Microsoft is – but what exactly is BlackBerry?

Since the birth of Robinhood, there has been a surge of new investors due to investing being made easier than ever. Thanks to modern technology, anyone is able to trade/invest. 

BlackBerry search volume on Google.

As for BlackBerry, the trend died down according to our research tools. For young investors that don’t know, BlackBerry is a phone line that went was huge during the mid-2000s until other phone companies like Apple took over.

BlackBerry is a Canadian company that provides:

  • Tablets
  • Smartphones
  • Services

As well as numerous other tech-related products.


BlackBerry AtHoc + Microsoft Teams

Recently, there was a press release mentioning BlackBerry AtHoc teaming up with Microsoft Teams to build their event managing platform.

What is BlackBerry AtHoc and Microsoft Teams?

BlackBerry AtHoc

  • BlackBerry AtHoc is a product that improves communication and collaborating. This software helps consumers when in times of crisis as well as providing business leaders/managers valuable information during situations.

Microsoft Teams

  • Similar to Zoom, Microsoft Team is another software that helps businesses and people around the world communicate. With Microsoft Teams, users can chat, meet, call, and collaborate from all over the world. Notable features worth mentioning are video conferencing, screen sharing, custom backgrounds, and together mode.

What does it mean for the two to partner up?

According to David Wiseman, Vice President of Secure Communications:

“With BlackBerry AtHoc, incident response managers are able to publish as many alerts and updates as needed to any device. This new capability to manage the incident response process through Teams will streamline communications and give greater visibility over the recovery progress of an unfolding event.

This is a great opportunity for us to expand our footprint and provide the necessary support to those who are already using the Teams platform.”‘


Market Summary

BlackBerry ($BB)

At the beginning of October 2020, BlackBerry was around $4.40 per share. Since then, the company has been moving towards an uptrend. As of right now, the value per share for $BB is $5.14 with a market cap of $2.873 billion and trading at a daily volume of 3,887,146 shares according to Yahoo Finance.

Microsoft ($MSFT)

This company has also been moving uptrend for the beginning of this month. Since the beginning of October 2020, Microsoft was sitting around $212 per share. At the time of writing this article, the value per share is $222.86 with an enormous market cap of $1.687 trillion. The average daily volume for this stock is approximately 34 million shares per day.


Both are great companies. Since BlackBerry is working on its growth, keeping an eye on this company wouldn’t be such a bad idea. It seems like they’re working on building their way back up. As for Microsoft, the company is already trusted and used by millions of users worldwide. 

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