The company, famous for making cellphones with physical keyboards that were once so popular people nicknamed them Crackberries, has decided to stop making its own devices. BlackBerry said on Wednesday that it will rely on partners to manufacture the phones, which will still have BlackBerry's look and feel. BlackBerry plans to turn its attention to software, a move it has made gradually in recent years as sales of its phones have slid. He sold the struggling software company Sybase to SAP (SAP, Tech30) for a hefty premium while he was CEO of Sybase. So BlackBerry investors might be hoping that lightning will strike three times and Chen and Capelli can pull off another sale.

Source: CNN September 28, 2016 13:07 UTC