BlackBerry's largest investor says he stands by company

Written By Unknown on Sabtu, 13 April 2013 | 10.54

Apr 13, 2013, 09.15 AM IST

Source: Tech2.com

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BlackBerry's largest investor says he stands by company

The largest investor in BlackBerry has said hat he will stick with the company despite Mike Lazaridis's decision to leave.

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BlackBerry's largest investor says he stands by company

The largest investor in BlackBerry has said hat he will stick with the company despite Mike Lazaridis's decision to leave.

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The largest investor in BlackBerry has said hat he will stick with the company despite founder Mike Lazaridis's decision to leave the company. Prem Watsa, a board member who owns 10 percent of the company, first became interested in BlackBerry because of his friendship with Lazaridis. The 52-year-old Lazaridis last month announced plans to leave BlackBerry on May 1. He stepped down as co-chief executive in January 2012, but stayed on as vice chairman and a board director.Watsa said Thursday at his annual meeting for Fairfax Financial Holdings that CEO Thorsten Heins has done a great job since taking over last year, and he expects the company will do well over time. He has called Lazaridis a technical genius who invented the modern smartphone and said he will be missed. Lazaridis, BlackBerry's second largest shareholder, started a new venture capital fund last month and is also a major philanthropist.

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Tags: BB10, BlackBerry 10, BlackBerry, RIM, Research in Motion, BlackBerry investors, Blackberry founder Mike Lazaridis, Mike Lazaridis, BlackBerry CEO Thorsten Heins, Thorsten Heins, BlackBerry Prem Watsa, Prem Watsa investor BlackBerry, Prem Watsa

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