Samsung, Google, LG, and others could be looking to buy parts of BlackBerry


When we first heard of the Fairfax Financial BlackBerry buyout offer last month, it seemed like as good as a done deal; BlackBerry needed the money, Fairfax was offering plenty, and there was a $154 penalty if BlackBerry backed away from the deal. Nevertheless, in the time that’s followed we’ve heard talk about other parties possibly coming up with their own bids, including one led by BlackBerry founder Mike Laziridis. Today, some additional names are being thrown into that hat, and they include some of the bigger players in mobile.

Reuters reports that BlackBerry has been soliciting offers from companies including Samsung, LG, Google, Intel, Cisco, and SAP about acquiring part or all of BlackBerry. Some of those players may be interested in what BlackBerry’s patent portfolio could mean for their own phone businesses, while Cisco and SAP are presumably interested in the enterprise software side of BlackBerry.

If any of them do want to pick up some BlackBerry holdings they’re going to need to act quickly, as BlackBerry apparently wants preliminary interest expressed by early next week. That’s not saying we’ll necessarily learn of any deal quite so soon, but seeing some of these names drawn into the BlackBerry story sure has us wondering about what a future could look like with BlackBerry being absorbed by another smartphone OEM.

Source: Reuters
Via: BGR

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About The Author
Stephen Schenck

Stephen has been writing about electronics since 2008, which only serves to frustrate him that he waited so long to combine his love of gadgets and his degree in writing. In his spare time, he collects console and arcade game hardware, is a motorcycle enthusiast, and enjoys trapping blue crabs. Stephen’s first mobile device was a 624 MHz Dell Axim X30, which he’s convinced is still a viable platform. Stephen longs for a market where phones are sold independently of service, and bandwidth is cheap and plentiful; he’s not holding his breath. In the meantime, he devours smartphone news and tries to sort out the juicy bits

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