Samsung Rumored To Purchase BlackBerry For $7.5 Billion [Updated]

BlackBerry, when a superpower in the mobile sector, has lost its means very amazingly in recent times, and at existing, appears a dropped giant bereft of suggestions. With the Canadian attire unable to maintain a decent market share amidst swathes of smartphones and tablets running iOS and Android, it would not be an overstatement to state that the maker of the PlayBook is currently on its knees. At no point has BlackBerry’s demise been a lot more apparent compared to throughout the 2013 requisition quote by Fairfax Financial, a bargain that inevitably did not materialize. Today, it seems an additional business has viewed some value in a requisition quote, which business is Samsung.

Samsung mightn’t have had the most effective year in its recent history through 2014, with Apple’s bigger iPhone 6 designs having really impeded sales of the Galaxy S5 and phablet-sized Galaxy Note 4. But the Korean outfit’s noticeable blip would definitely be dealt an increase by the acquisition of BlackBerry, something that the Tizen maker is presently claimed to be measuring for a cool $ 7.5 billion.

Samsung Blackberry main

That sort of cost seems instead high, particularly considered that Fairfax looked positioned to bet nearly $ 3 billion less just over a year back, yet with a huge amount of possibly useful patents under its belt, BlackBerry does hold significant value.

As Reuters reports, execs from both companies have actually had conferences over a possible requisition, with Samsung claimed to have currently tabled the offer, although as yet, it’s vague just how close either party could be to concurring terms.

Samsung buying BlackBerry would certainly be the current in a lengthy line of current, billion-dollar acquisitions from the most significant names in the modern technology market. In 2013 was controlled by Apple’s safeguarding of Beats Electronic devices for $ 3 billion, along with Facebook’s acquisition of WhatsApp for just under $ 20 billion. Whilst the social media network might have paid very a large amount to impediment the cross-platform IM customer, the prior purchase of Instagram for $ 1 billion looks a relative steal in hindsight, particularly offered its existing appraisal well right into the tens of billions. And how can one fail to remember Microsoft’s purchase of Nokia – – valued at $ 7.1 billion – – which was completed last year, making the Finnish phone maker formally a part of the software titan.


Still, I do not know about you, yet I find the prospect of Samsung combining with BlackBerry to be a possibly exciting one. Samsung has actually never been terrified to release umpteen devices of numerous specifications, and with a number of brand-new licenses and items under its belt, we could possibly see some exciting advancements in the years ahead.

However, taking a look at exactly what Google finished with Motorola, there’s always the opportunity that Sammy might simply get the licenses and sell the BlackBerry carcass on for a portion of the cost.


Update: BlackBerry has refuted the buyout rumor and have without delay released the following press release:

(“BlackBerry”) knows specific press reports published today regard a possible offer by Samsung to buy BlackBerry. BlackBerry has actually not engaged in conversations with Samsung relative to any kind of possible deal to purchase BlackBerry. BlackBerry’s policy is not to discuss reports or speculation, and accordingly it does not plan to comment even more.

(Source: Reuters)

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