Samsung still open to BlackBerry acquisition

Samsung logoSamsung is still interested in acquiring BlackBerry, according to rumor. A document allegedly created by investment bank Evercore Partners for Samsung seems to suggest Samsung has been mulling over a purchase of the competing smartphone producer for some time, and according to sources, is still very much interested in the prospect despite denials from both BlackBerry and Samsung.

The document received by the Financial Post is said to describe BlackBerry's software as "complementary to Samsung's service platform," specifically its BES12 servers and their usefulness in the enterprise market. While Samsung has its Knox system in place and is also actively working with BlackBerry in the field, enterprise is still an area where Samsung struggles.

It also covers the overall positive and negative sides of the different ways Samsung could acquire the company. A noted suggestion is for Samsung to become a minority shareholder in BlackBerry, in order to avoid the same regulatory issues that Lenovo came across during its 2013 attempt to buy out the manufacturer. Prem Watsa, CEO of major shareholder Fairfax Financial Holdings, is named as someone who could help the overall deal take place, with a suggested purchase price of between $13.35 and $15.49 per share valuing Blackberry at between $7 billion and $8 billion.

The future of BlackBerry is also claimed by the document to be pretty good. A chart supplied in the document suggests BlackBerry's hardware revenue will stabilize, with its software revenue increasing from $235 million in 2014 to $636 million in 2017.

Despite the two companies outright denying last week's acquisition rumor, the report's source insists Samsung is still interested in the prospect, claiming "Samsung hasn't walked away. They're leaning towards it."

Source: Electronista

Tags: BlackBerry, Samsung

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

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


Last news

 
Purported leak reveals upcoming phablet’s design
 
Google boasts of integration with Google Assistant and Google Home
 
The support team replied that some hardware limitations are leading to malfunctions
 
The retailer will allow results to appear in the Shopping section of Google’s search engine
 
Trump is seeking to lift the export ban as a "personal favor" to China
 
The company reportedly sniffed around AMD and Nvidia as potential GPU suppliers
 
 
iPhone users in the US will be able to automatically share their location with first responders
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

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930




Poll

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