Home
News
You are here

BlackBerry CEO John Chen says that there have been no offers for the company

23comments

By Alan Friedman

Published: Jul 29, 2014, 1:28 AM

BlackBerry

BlackBerry CEO John Chen spoke with Bloomberg's Emily Chang on Monday, and she asked if the executive is planning on selling BlackBerry. It seems like a silly question considering that Chen just took over the post in November, and his turnaround plan has just started. Eventually, the CEO might be inclined to sell BlackBerry. After all, that what he did with Sybase after turning around that company. Chen got SAP to purchase Sybase for $5.8 billion in 2010.

Chen says that so far, no offers for BlackBerry have crossed his desk. He did say that it would probably be impossible to sell to a Chinese company considering BlackBerry's installed base in the U.S. government.

As for the odds that he will be able to create value at BlackBerry, Chen gives himself an 80/20 chance of success. He says that he is comfortable where the company is now, although he admits that BlackBerry might never be iconic again.

source: Bloomberg

$20 /mo

$25

$5 off (20%)

Offer Ends 6.1.2026 at 11.59pm ET. New members get $5/mo off the $25/mg Visible plan, $35/mo Visible+ plan, or $45/mo Visible+ Pro plan for the first 12 months. Promo code FRESHSTART required at checkout.

Buy at Visible

View Full Bio

Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon. Beyond smartphones, Alan has covered the emergence of tablets, smartwatches, and smart speakers.

Read the latest from Alan Friedman

BlackBerry CEO John Chen says that there have been no offers for the company

Get Visible as low as $20/mo for 1 year. Limited time offer with code: FRESHSTART