Tuesday, October 8, 2013

Blackberry targeted by Cisco, SAP and Google - Baguette (press release)

A new possibility

business is in the crosshairs of the Blackberry, and can be a big one. The Canadian company is in negotiations with giants like Cisco, Google and SAP on the possibility of total or partial sale of the business.

Blackberry is evaluating possibilities. Photo: flickr.com / photos / janitors

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According to market sources revealed to Reuters, it is unclear which companies will actually bid for cellphone maker, but they are interested in security technologies and patent portfolio servers.

Addition to the three companies mentioned above, the Blackberry also contacts of interest received on account of other potential buyers such as Intel and Asian Samsung and LG. However, as highlighted by the international agency, none of the companies for comment.

According to analysts, an agreement with these companies would be an alternative to the preliminary agreement assumed by the company two weeks ago with the Canadian fund Fairfax, which made a formal offer of $ 4.7 billion, which raised doubts about the financial liquidity of the Blackberry.

Remember that the Blackberry recorded in the last fiscal quarter to a loss of about $ 1 billion, due to the grounding of the units of one of the last smartphones launched the Z10.

However, for many analysts, the portfolio of products is still attractive with a service platform for secure messaging with a value of Market set at up to $ 4.5 billion, as well as a collection of patents worth $ 3 billion and other assets – worth $ 3.1 billion.

For the moment, the company is putting its alternatives on the table, whether they complete the sale of the business or joint ventures. The evaluation is conducted by a committee comprising five company executives, including CEO Thorsten Heins.

“The special committee, with the assistance of external legal and financial advisors, is conducting a detailed evaluation of alternatives strategic, “said a spokesman for the manufacturer.

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