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Samsung Weighing BlackBerry Acquisition

Jan 14, 2015, 4:07 PM by Eric M. Zeman
updated Jan 14, 2015, 6:01 PM

Samsung has approached BlackBerry about a potential acquisition, according to a report published by Reuters. Citing people familiar with Samsung's plans, Reuters suggests Samsung would be willing to pay up to $7.5 billion for the one-time smartphone king. Samsung is most interested in BlackBerry's patent portfolio, and executives of the companies met last week regarding a potential deal, says Reuters. BlackBerry still makes smartphones, but the bulk of its current business is based on selling mobile device management software to business and government customers. At the same time, Samsung is anxious to build up a strong base of enterprise customers and sells its own Knox security platform to that effect. BlackBerry later denied it was in talks with Samsung.

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Zpike

Jan 14, 2015, 4:39 PM

Interesting

While I'm usually not in favor of consolidation in the wireless industry, I have always griped that high-end android devices don't have physical keyboards. I would welcome a slide-out blackberry style keyboard on something like a Note.

amarryat

Does this mean the stock that I paid $80 for and is now $12 will be $80 again.

Ha.

...

gfondeur

Get you a Passport with 10.3.1 on it, that way you can have both worlds in one device

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