WATERLOO, ON and AURORA, ON, May 18, 2022
/CNW/ -- BlackBerry Limited (NYSE: BB; TSX: BB) and Magna
International Inc. (TSX: MG; NYSE: MGA) have entered into a
multi-year agreement to collaborate on various integrated Advanced
Driver Assistance Systems (ADAS) solutions.
With OEMs launching vehicles with ever expanded feature sets,
the global ADAS market is set for significant growth over the next
decade.
As part of the agreement, BlackBerry will provide Magna with QNX
software including the QNX Software Development Platform, QNX OS
for Safety, QNX Platform for ADAS, as well as professional
engineering services for system-level integration, performance
optimization, and solution validation.
"Magna's ADAS expertise and unique ability to integrate system
solutions into various vehicle applications gives us a competitive
advantage," said Sharath Reddy,
Senior Vice President Magna Electronics. "Additionally,
collaborating with companies like with BlackBerry helps us with
speed to market."
"It's a great pleasure to work with another Canadian company –
and global market leader in the automotive market. Our
collaboration brings together both company's software and
functional safety strengths as part of a platform that is already
being delivered to multiple global OEMs," said John Wall, SVP and Co-Head, BlackBerry
Technology Solutions. "With software now being a driving force in
the automotive industry, delivering compelling solutions that are
seamlessly integrated into a vehicle allows OEMs to differentiate
themselves. We are excited to be working with Magna, a
fast-moving company on the cutting edge of ADAS, as the
technologies undergo rapid adoption and expansion driven by a
number of regulatory mandates that are on the horizon."
For more information on how BlackBerry QNX can help with
building the safe and secure vehicles of tomorrow, please visit:
BlackBerry.QNX.com.
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security
software and services to enterprises and governments around the
world. The company secures more than 500M endpoints including 195M vehicles. Based in Waterloo, Ontario, the company leverages AI
and machine learning to deliver innovative solutions in the areas
of cybersecurity, safety and data privacy solutions, and is a
leader in the areas of endpoint security, endpoint management,
encryption, and embedded systems. BlackBerry's vision is
clear - to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow
@BlackBerry.
Trademarks, including but not limited to BLACKBERRY, EMBLEM
Design and QNX are the trademarks or registered trademarks of
BlackBerry Limited, its subsidiaries and/or affiliates, used under
license, and the exclusive rights to such trademarks are expressly
reserved. All other trademarks are the property of their respective
owners. BlackBerry is not responsible for any third-party products
or services.
ABOUT MAGNA
Magna is more than one of the world's largest suppliers in the
automotive space. We are a mobility technology company with a
global, entrepreneurial-minded team of 158,000 employees and an
organizational structure designed to innovate like a startup. With
60+ years of expertise, and a systems approach to design,
engineering and manufacturing that touches nearly every aspect of
the vehicle, we are positioned to support advancing mobility in a
transforming industry. Our global network includes 343
manufacturing operations and 91 product development, engineering
and sales centers spanning 28 countries.
For further information about Magna, please visit www.magna.com
or follow us on Twitter @MagnaInt.
Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com
Magna Media Relations
Tracy Fuerst, Vice President,
Corporate Communications and PR
+1 (248) 761 7004
tracy.fuerst@magna.com
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SOURCE BlackBerry Limited