Samsung is reportedly in discussions to buy BlackBerry

Samsung logoSamsung is in talks to purchase BlackBerry. Reuters reports that executives from both companies have met last week to discuss the transaction.

The Korean manufacturer has allegedly offered a price in the range of $13.35 to $15.49 per BlackBerry share - well above today’s opening price. This brings the total of the transaction to as much as $7.5 billion.

An acquisition of BlackBerry will give Samsung access to the company’s immensely rich portfolio of patents. It will also instantly transform the Korean company in to a major player on the highly-lucrative enterprise market.

Samsung is reportedly in discussions to buy BlackBerry

BlackBerry has denied any discussions about such talks with Samsung in a short statement. However, it is more than likely that the representatives from both companies have met informally to discuss the matter. After all, this is not the first time there has been talk about a sale of the Waterloo-based company.

Unsurprisingly, BlackBerry’s stock price surged right after news about the acquisition got out. The stock price jumped almost 30% to $12.60. BlackBerry’s statement brought the after hours price to $10.65 - still more than a dollar above this morning’s price.

Source: GSMArena

Tags: BlackBerry, Samsung

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

The NVIDIA GeForce GTX 1180 will be Turing-based with a 12nm FinFET die shrink
This only works on posts made by profiles that are public
The device will be standalone and based on a Qualcomm chipset
Apple plans on offering a cheaper smart speaker that will be priced at $199
Chrome will adopt a new approach to indicating site security
Data shows they are leading smartphone sale worldwide
Is this an error or it is really happening?
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /

News Archive



Do you use microSD card with your phone?
or leave your own version in comments (10)