CEO John Chen said Tuesday that the Waterloo, Ont.-based software company is hoping to file financial documents as soon as March revealing more about its Internet-of-Things division, which he said is profitable and would ideally go public before summer. The company said earlier this month it wanted to list its IoT business, which includes the QNX operating system, on the stock market separately from its cybersecurity unit to reinvigorate investor interest. (The Logic)

Talking point: Chen said the company wants to pursue a similar path to chipmaker Intel, which spun out autonomous driving company Mobileye but kept a majority share. Meanwhile, Chen said, BlackBerry can’t just sell its cybersecurity business because customers like governments and banks would view that as a “disaster.” But, he said, it’s no longer an option to subsidize that business with money from other sources like intellectual property income. “Today, cyber is not growing and is losing money. Until we turn that around, we should never expect a valuation that is not lowball or bottom fish,” he said. Chen refused to reveal any succession plans before his contract expires next month, saying neither he or the board is in a rush to decide.