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BlackBerry looking to acquire company to grow software sales

March 28, 2015 7:39 AM
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WATERLOO — BlackBerry chief executive John Chen says the success of his turnaround plan relies on making the company's smartphone business profitable, dramatically increasing revenue from software sales and using the profits to build a secure mobile platform for the Internet of Things.

The plan includes the acquisition of another company, sooner rather than later, to help boost software sales, Chen said in a roundtable meeting with reporters Friday after BlackBerry surprised investors by reporting fourth-quarter profits of $28 million US.

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