Home Business News Google, Samsung and Intel all apparently eyeing up BlackBerry

Google, Samsung and Intel all apparently eyeing up BlackBerry

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7th Oct 13 10:23 am

BlackBerry could be bought by LG, Google, Cisco, Intel or Samsung, which are reportedly in talks with the troubled smartphone maker, according to reports in The Telegraph and Reuters.

BlackBerry reported a quarterly loss of $965m last month before signing a letter of intent to go private. It announced in August that it was putting itself up for sale.

BlackBerry has already reached an agreement to be bought for $4.7bn by a group led by Fairfax International, the private equity firm headed by former BlackBerry board-member Prem Watsa.

It is believed that the company is opening itself up to further acquisition discussions in the hope of upping that price.

A BlackBerry spokesman told Reuters: “The special committee, with the assistance of BlackBerry’s independent financial and legal advisors, is conducting a robust and thorough review of strategic alternatives.”

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