BlackBerry may have refused Apple advances, saved fans from the enemy capture

BlackBerry may have refused Apple advances, saved fans from the enemy capture

BlackBerry soldiering on for now, but how long can it survive?

BlackBerry recently refused offers to sell off various chunks of the company to interested parties like Apple, Microsoft, Google and Lenovo, Reuters reports.

The stricken Canadian firm believed that breaking up the company and flogging off bits and bobs would have been detrimental to the interests of customers and shareholders, the report claims.

Apple and Microsoft were apparently interested in acquiring a substantial patent stash, but BlackBerry spared its remaining loyal supporters the indignity of their beloved company falling into enemy hands.

The other two tech companies sniffing around BlackBerry's still-twitching carcass were Cisco and Lenovo, according to the report, with the latter long thought to be interested in a takeover bid.

Doubt, doubt and more doubt

BlackBerry's immediate future was cast into yet more doubt earlier this week when the board also rejected a takeover, which would have taken the company private once again.

Instead it secured $1 billion (£625m, AU$1.06) in funding from Fairfax Financial - which had led the consortium planning to take full control in the first place.

The Waterloo-based company let CEO Thorsten Heins go this week, replacing him for the time being with John Chen. Chen's first act in the big chair was a vow that BlackBerry will continue making smartphones.


Source : techradar[dot]com

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