BlackBerry considers a split-up in search for a buyer

BlackBerry logoBloomberg reports that BlackBerry could be forced to consider splitting itself up in order as its potential buyer might not be able to find the funding to afford the buyout.

As we reported earlier Fairfax Financial Holdings has offered BlackBerry the cool $4.7 billion. However, BlackBerry might even get a lot more than this if the company gets divided in several pieces.

SAP AG, Cisco Systems and Samsung Electronics have all been approached by BlackBerry advisers, but have responded that they are only interested in parts of the company. Breaking up would mean that the company will be able to sell its patents and enterprise network (its most valuable assets) to the highest bidder.

"If you break up the company, you're going to get more than the company is worth right now," Sachin Shah, a strategist in special situations and merger arbitrage at Albert Fried & Co, told Bloomberg.

We'll continue to follow how BlackBerry's situation progresses as time goes on. It's quite probable that the Canadian company is going to get sold. However, the real question is what will happen to it after the deal?

Source: GSMArena

Tags: BlackBerry

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Galaxy Note10 really is built around a 6.7-inch display
 
You may still be able to download your content
 
Facebook, Messenger and Instagram are all going away
 
Minimize apps to a floating, always-on-top bubble
 
Japan Display has been providing LCDs for the iPhone XR, the only LCD model in Apple’s 2018 line-up
 
The 2001 operating system has reached its lowest share level
 
The entire TSMC 5nm design infrastructure is available now from TSMC
 
The smartphone uses a Snapdragon 660 processor running Android 9 Pie
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 / 2
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
    123
45678910
11121314151617
18192021222324
25262728293031




Poll

Do you use microSD card with your phone?
or leave your own version in comments (15)