Saturday, September 14, 2013

Blackberry bidders watching divide - Financieele Dagblad (Registration)

A number of potential bidders on Blackberry seems to be in certain parts of the business.

primarily interested

‘Blackberry breeds on separation messaging service’

A BlackBerry smartphone from Research in Motion.

BlackBerry possible sale

blackberry 4_rtr.jpg

They are less interested in buying the whole company. This made sources familiar with the matter told Reuters known.

Blackberry purse

“Asset managers who can be useful to the Canadian Blackberry offer are particularly interested in Blackberry OS or patents around the keyboard”, according to the sources. “However, there is a possibility that a pension fund joins an asset and jointly buy the entire company,” said one of the sources told Reuters.

The value of Blackberry is, according to the sources currently about $ 5 billion. The largest shareholder is Fairfax Financial Holdings which has a 10% interest in Blackberry. Fairfax recently several Canadian inverse ment funds approached to get together Blackberry exhibition reports Reuters.

Sales process starts few weeks’

The chairman of the board of Fairfax has been abandoned to avoid Blackberry now the company has engaged in conflicts with the conception of a future strategy.

In the meantime, has entered a number of asset managers who wanted to see Blackberry’s books. According to the sources, the sales process will start within weeks. Blackberry has not officially reacted to this news.

Competition

The fact that there are few bidders interested in the whole company underlines the problems Blackberry experienced in competition with the technologies of Apple and Google in recent years, according to Reuters.

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