BlackBerry Continues to Look For a Buyer

BlackBerry is desperately trying to stay alive. The former smartphone super power is courting countless tech companies, hoping someone will foot the bill. The Wall Street Journal is reporting that just last week BlackBerry reps were sitting down with Facebook to discuss possible buyout options.

Beginning last month, BlackBerry put itself on the market and is considering just about everything. Lenovo was said to have been looking at the phone company's books earlier this month, and may yet put in its bids. All of this comes as BlackBerry begins the process of buying itself back from shareholders for a grand total of $4.7 billion.

Regardless, Facebook's recent updates to its messenger app has shown an effort to improve their over-the-top messenger delivery service, meaning that Facebook, if anything would be looking to nab BBM, but with an app that stumbled to Andoid and iOS devices last week, it's hard to see the utility of even that at this point. Either way, with losses topping almost $1 billion each quarter, BlackBerry desperately needs to do something.

Create a new thread in the US News comments forum about this subject
This thread is closed for comments
20 comments
    Your comment
  • Not that I have ever wanted a blackberry phone, it will be sad to see competition leave the market should they fail to find a buyer and have to close doors.
    0
  • nevilence said:
    Not that I have ever wanted a blackberry phone, it will be sad to see competition leave the market should they fail to find a buyer and have to close doors.


    That's ... kind of their problem. BB is not "competition" in the market. At least not anymore. Having been through several BBs on the job, and had my hands on droids and iphones, BB had their one-trick-pony with BES... And then they sat on it...
    1