Blackberry is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, Blackberry provides platforms and solutions for seamless access to time-sensitive information including email, phone, short message service (SMS) messaging, Internet and intranet-based applications.
RIM's BlackBerry 10 tested by U.S. federal agency
The delayed BlackBerry 10 is due for release early next year and the company hopes the smoother and faster phones will help win back market share from the likes of Apple (NASDAQ:AAPL) and Google's (NASDAQ:GOOG) Android ecosystem.
The U.S. Immigration and Customs Enforcement agency (ICE) next year will begin a pilot program on the smart phone maker's new line of BlackBerry 10 smartphones and BlackBerry Enterprise Service 10, which allows corporations and government users to run the new devices on their networks.
The Canadian smart phone maker is now looking to persuade both corporations and government users to stick with its products, which have long been valued for their strong security features.
In October, the ICE announced plans to end a long relationship with RIM, stating that its now aging line-up of BlackBerry devices could "no longer meet the mobile technology needs" of the agency.
At the time, the agency outlined its plans to buy iPhones for more than 17,600 employees.
RIM shares closed up 5.6 per cent to $13.31 Wednesday. The stock has more than doubled in price since September 24, when the shares were trading slightly above the $6 level in both New York and Toronto.
The wave of optimism around BB10 has in recent weeks been bolstered by a number of analyst upgrades on the stock.
In November, Kris Thompson, a National Bank Financial analyst, suggested investors pick up RIM stock ahead of the launch of the new BlackBerry 10 in the new year.