Mitsubishi Electric Selects BlackBerry To Power Its New In-Vehicle System; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Mitsubishi Electric has chosen BlackBerry's IVY platform to power its new in-vehicle system, FLEXConnect. The collaboration aims to improve road safety by using sensor data to anticipate safety risks, reduce driver distractions, and highlight potential driving hazards.
September 26, 2023 | 12:29 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BlackBerry's IVY platform has been selected by Mitsubishi Electric to power its new in-vehicle system. This partnership could potentially increase BlackBerry's market presence and revenue.
The partnership with Mitsubishi Electric, a major player in the automotive industry, could potentially increase BlackBerry's market presence and revenue. The use of BlackBerry's IVY platform in Mitsubishi's new in-vehicle system could lead to increased demand for BlackBerry's services, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100