Blackberry Jumps with Movirtu

BLACKBERRY LTD.

BlackBerry Ltd. (BBRY) has acquired mobile technology company Movirtu Ltd., shoring up its smartphone management features as it targets business users.

London-based Movirtu uses a virtual SIM card enabling customers to connect more than one phone number to a single device. The service lets employees who use one phone for work and home to switch easily between business and personal profiles with billing clearly separated, the Waterloo, Ontario-based company said in a statement today.

As BlackBerry’s share of the smartphone market has diminished, the company has shifted focus to selling software-based services to businesses and governments and exploiting the bring-your-own-device trend, where employees use work-related apps and features on their personal phones. Gartner Inc. predicts half of employers will ask workers to use their own phones for business by 2017.

We’ve been very clear as part of our turnaround strategy that we had full intention to not only manage BlackBerry devices but to manage iOS, Android and Windows Phone devices,” John Sims, head of BlackBerry’s enterprise services business, said in a phone interview. “It’s a sizable market opportunity.”

BlackBerry plans to start offering the phone-splitting software to customers early next year, Sims said.

The company’s shares rose 4.9 percent to $10.78 at the close in New York, the biggest daily gain since July 24.

Founded in 2008, Movirtu is run by CEO Carsten Brinkschulte and has 22 employees. It received $5.5 million in a 2010 funding round.

Disclosure BBRY is the largest long position in Jack A. Bass Managed Accounts

Performance ! Guaranteed !

Guaranteed Investment Performance Or You Don’t Pay

In the same way that I urge investors to use an adviser I too have a business coach. This week I complained that my performance of a 31% gain in 2013 was not gaining me the respect or new clients to which I thought I was entitled.

He challenged me :
a) I was not ” entitled ” to anything more than I earned by performance
b) My performance allowed me to guarantee an annual 12 % return or I will forfeit the 1 % annual fee and the 20 % performance fee.

The Challenge – a guarantee for your annual investment return despite all risks to our performance and our costs .

Investors and pensions need efficient methods to screen, research, perform due diligence and monitor managers in their quest to deliver returns. They need to know the data they are using is accurate and fresh — and represents the best options available worldwide across every asset class. They must take into account their own assets and liabilities and the impact to portfolio risk while screening strategies and tracking exposures. They also need polished reports and presentations to provide evidence of a sound, inclusive selection processes for regulators and committees.

Placing these decisions in Jack A. Bass Managed Accounts removes the work from your hands to ours .

Meeting the Challenge

Jack A. Bass Managed Accounts offers a comprehensive suite of solutions for screening and monitoring, as well as risk assessment leveraging the data of the most important databases. In fact, 89% of surveyed clients agree that Jack A. Bass Managed Accounts helps them save their time during the due diligence process, while 75% of pension clients agreed .

The answer to When? – is always NOW ! – not tomorrow.
Contact Information

Information must proceed action and that is why we offer a no cost / no obligation inquiry service if you are not already a client.

Email info@jackbassteam.com

or Call Jack direct at 604-858-3202 – Pacific Time 10:00 – 5;00 Monday to Friday

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s