BlackBerry bidding war continues as Google, Cisco and SAP get involved | Mobile Devices | Mobile Entertainment

BlackBerry bidding war continues as Google, Cisco and SAP get involved

BlackBerry bidding war continues as Google, Cisco and SAP get involved
Phil Tottman

by

Devices / Blackberry / October 7th 2013 at 2:22PM

The sinking handset maker holds talks with even more companies to combat the $4.7 billion offer from Fairfax Financial.

BlackBerry is allegedly in talks with Google, Cisco and SAP regarding the whole or part sale of its business, reports Mobile World Live.

The Canadian company seemed to be close to settling with the $4.7 billion offer from Fairfax Financial, however as more potential buyers crawl out of the woodwork, BlackBerry is seeming increasingly unsure of which direction it should take.

It has apparently even reached out to Intel, LG and Samsung for preliminary expressions of interest.

Although why a company such as Samsung who is the leading global handset manufacturer - or LG, whose mobile business recently returned to profit – would be interested is unclear.

Another company that has shown interest, is Cerberus Capital Management, who specialises in ‘distressed assets.’

It is said to be planning a confidential agreement with BlackBerry to access its financial information.

 

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