BlackBerry Ltd shares rose Friday a day after it announced a German technology company is upgrading to its Enterprise Service 10 system and will purchase more than 1,000 phones.
The order helps bolster the struggling smartphone maker's case that its handset business can still attract customers.
Datev, a provider of software and technology services to tax advisers, auditors and lawyers, is a longtime customer and cited the security of BlackBerry devices in its decision to stick with the technology, according to a statement today. Terms of the contract weren't disclosed.
'Our employees use their mobile devices to conduct confidential business, and require a reliable smartphone that can secure the transmission of business data,' said Wolfgang Fischer, who oversees the mobile technology group at Nuremberg- based Datev.
BlackBerry shares rose more than 5%, or 44 cents, to US$9 in early afternoon trading on Nasdaq. Toronto-listed shares were trading up about 4%, or 38 cents, to $9.75.
BlackBerry's share of the smartphone market tumbled to less than 2% last year, spurring speculation that the company would stop selling devices and focus on software and services. Instead, Chief Executive Officer John Chen forged a partnership with Foxconn Technology Group to outsource much of the company's production.
Chen said in an interview this month that BlackBerry would refocus on keyboard-equipped phones - the kind popular with lawyers and professionals - following weak sales of its touch- screen models.
Bloomberg.com
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