BlackBerry rallies after Chen talks partnership efforts

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor

BlackBerry (BBRY +4.2%) is talking with other tech companies about partnerships in the wake of the Apple-IBM deal, John Chen tells the FT. "I am working on some, and maybe we will collaborate with others. If I focus on security and identity management then we will be a good solid partner."

Chen compared the Apple/IBM tie-up to two elephants dancing, and promised BlackBerry would be more nimble. He also talks up BlackBerry's long-term enterprise strategy. "What we are doing is focusing on security and privacy, which is where all the things are connected. Every IT device – no matter what operating system – we want to talk to and connect securely."

BlackBerry tumbled after the Apple/IBM deal was announced, as a slew of analysts argued the alliance is a negative for BlackBerry's MDM and/or enterprise hardware efforts.