Blackberry shares went up 4% last Tuesday after it had announced its partnership with one-time rival Microsoft.

Blackberry, which has moved away from selling phones to focus on its software and security business, is set to provide a secure means of accessing Office apps such as Excel, Word, and Powerpoint on mobile devices. Bernstein analyst Mark Moerdler said that Microsoft’s core Exchange/Outlook customer base, which are government and regulated industries are have been the biggest users of Blackberry.

The companies also announced that BlackBerry Dynamics and Workspaces will be made available on Microsoft’s cloud computing platform Azure.

Source: Reuters

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