Tuesday, August 13, 2013

BlackBerry ponders sale of the company - Economic

BlackBerry today announced the creation of a commission to study strategic options including the sale of the company.

“Given the importance and power of our technology, and the evolution of competition in the industry, we believe this is the right time to explore strategic alternatives,” reads a statement signed by Timothy Dattels, administrator of the BlackBerry that will ‘chairman ‘committee that will define the future of the company and which also participate CEO Thorsten Heins and JP Morgan as advisor.

Among the options under consideration are participating in joint ventures, the establishment of partnerships and the sale of the company. Another solution could be to remove the company’s stock. The market has speculated on this scenario since Dattels, old framework of Goldman Sachs and manager of ‘private equity TPG Capital, was appointed in 2012.

After the initial success of the e-mail BlackBerry, the company has been unable to compete with Apple, Samsung and Google. The launch of the latest model, the BlackBerry 10, has not lived up to expectations.

Shares of BlackBerry accumulate losses on stock 18% since the beginning of the year, record that contrasts with appreciation of 11% achieved the technology sector with a presence in the S & P 500.


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