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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.

  • Stimpack
    Anyone remember this? http://www.tomshardware.com/news/Thorsten-Heins-Tablets-BlackBerry-PlayBook-Obsolete,22339.html
    Reply
  • nevilence
    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.
    Reply
  • spectrewind
    11835069 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...
    Reply
  • actsai
    Ditto, "competitor" within the market implies they held up some kind of de-facto standard that validates the existence of that party, all their efforts do not address those membership requirements, or lack there of. A tablet came out with no software to go with it, a phone that is a catch-up with more-than-deserved marketing, a 180 on end-of-life support, nothing was done right.
    Reply
  • JustinCox22
    How sad for BB company. I hope everything will turn out okay in the end though.
    Reply
  • acadia11
    This article is clueless, bb10 OS are the bb10 phones are awesome. Furthermore, blackberry already has a buyer in Fairchild. The board is doing their due diligence in seeking a better price as was allowed with their terms with Fairchild.
    Reply
  • chicofehr
    Most people on this site haven't used a BB10 phone. The OS is way better then the iOS and android. The reason BB10 OS is a problem is that they don't have close to as many of apps as the competition.
    Reply
  • virtualban
    Google should buy them out just for the patents. Before those patents go to the hands of Apple or Microsoft.
    Reply
  • Duckhunt
    Ok, will help Blackberry come back . If anyone from blackberry is watching. Do this , you guys need to move to parallel computing.

    If you do that, you will win. Why? you can speed up the blackberry faster then the other guys. Parallel computing is your saviour Black berry. Do it. Just do it.
    Reply
  • back_by_demand
    Duckhunt, if a better performing handset was a silver bullet then the Nokia 1020 would be the highest seller phone in the world - it takes a little bit more than technical excellence
    Reply