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DigitalOlympus.Com Comments on Cisco, Google, and SAP’s Discussion of Blackberry Buy Out

Press Release   •   Dec 02, 2013 19:41 EST

On October 9 leading business news and technology blog DigitalOlympus.com comments on recent news story by Nadia Damouni, Soyoung Kim and Nicola Leske published on October 4 on reuters.com regarding BlackBerry Ltd, whose smartphones business is struggling and in discussion with Cisco Systems, Google Inc. and SAP concerning selling them all or parts of itself.

According to the reuters.com news article, transactions like that would be an option to the initial agreement reached weeks ago with a group, headed by BlackBerry's biggest shareholder, Fairfax Financial Holdings, to take the firm private in a deal valued at about $4.7 billion, a proposal which has faced some criticism due to financing questions.

In response to the report, DigitalOlympus.com spokesperson states that if Fairfax Financial Holdings or any of the other suitors eventually takes over the struggling smartphone firm, the new buyer may introduce new features and ideas to make the smartphone more appealing. “Introducing strategies and features to make the device more appealing will benefit customers as well as firms that specialize in business phones.”  

The reuters.com news article further disclosed that the firm centered in Waterloo, Ontario, has requested for preliminary indication of interest from possible tactical buyers which also consist of Intel Corp and Asian companies LG and Samsung, by early next week. It is not obvious what firm will bid if any. Though, the possible technology buyers have been especially interested in BlackBerry's secure server network and patent portfolio.

“BlackBerry's secure server network and patent portfolio has attracted interest from several suitors,” says DigitalOlympus.com principal researcher Josh Cole. “The firm can take advantage of that to find the right suitor for its business. Companies that focus on phone system equipment will also benefit from the improvement of the secure server network and patent portfolio which new buyers may initiate.”

DigitalOlympus.com is a leading news and technology research blog, dedicated to providing incisive recommendations, and advising the embrace of effective and standard telecom equipment such as Panasonic Phone system devices, as well as business policies that can enable companies to boost their efficiency and live up to the expectations of their sector.  


About Digitalolympus.com

Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. DigitalOlympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.