10/10/2013 1:18:02 PM
Break-up looks likeliest outcome for BlackBerry
BlackBerry may sell its business off in parts rather than opt for a complete sale despite reported interest from the likes of Google and Samsung.
According to a report in Bloomberg, potential suitors have been put off by declining handset sales at the Canadian manufacturer. A break-up appears to be the preferred strategy for the struggling manufacturer, who may be able to sell off parts of its portfolio to the highest bidder. Samsung, Cisco and SAP are among the companies that have been linked to buying specific parts of the company, with its enterprise business remaining the most attractive area.
A BlackBerry spokeswoman said: ‘We do not intend to disclose further developments with respect to the process until we approve a specific transaction or otherwise conclude the review of strategic alternatives.’
Author: Matthew Campelli