Thursday, April 18, 2024

‘Buy Buy’ BlackBerry? Microsoft could make offer for sleeping phone giant, rumors say

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Rumors have been circulating recently that companies are lining up to acquire Blackberry. The shortlist includes Microsoft, Xiaomi, Huawei and Lenovo for now —  last month, Samsung was reportedly also on the list but backed out after getting a $7.5 billion asking price.

As of now, Microsoft seems to be preparing a $7 billion offer for the company — that’s a 26 percent premium for the stock.

While BlackBerry continues to struggle on the sales end of its operation, it still does have a great reputation in mobile security as a part of its enterprise/business-class devices — the U.S. government still lists BlackBerry as its preferred smartphone OEM. (This, of course, is the valuable asset these suitors wish to gain in any purchase of the company.)

Via: PhoneArena
Source: MobileBurn

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