Samsung wants to buy BlackBerry for $7.5 billion (update: BlackBerry denies)

Samsung wants to buy BlackBerry for $7.5 billion (update: BlackBerry denies)
Samsung is reportedly in talks with BlackBerry to buy the Canadian company for up to $7.5 billion, sources familiar with the matter tell Reuters.

Reuters has it that executives from Samsung and BlackBerry met last week to analyze an eventual deal, and are now working with advisers to see how and if the purchase can go through. It’s said that Samsung proposed to offer from $13.35 to $15.49 per share - this represents at least 38% over BlackBerry’s trading price.

Even if BlackBerry is currently barely relevant in the smartphone industry, the company has a rich patent portfolio (related to both hardware, and software), and Reuters reports that this is the main reason why Samsung wants the acquisition to happen.

Following the news of a possible deal with Samsung, BlackBerry shares jumped up to 30% today.

Back in November 2014, Samsung and BlackBerry signed a deal to integrate BlackBerry Enterprise Server 12 into Samsung's KNOX security platform on select Galaxy phones and tablets. Things have escalated quickly since then, isn’t it?

We’re obviously looking forward to seeing if Samsung and BlackBerry officially reach an agreement. What about you, do you think it’s a good idea for Samsung to purchase BlackBerry?

Update: BlackBerry denied the fact that it’s in talks with Samsung by declaring:

It's worth mentioning that Reuters is a highly credible source, but for now we'll just have to go with BlackBerry's official statement on the matter.



1. nasznjoka

Posts: 418; Member since: Oct 05, 2012

nice one sammy

11. AnTuTu

Posts: 1613; Member since: Oct 14, 2012

Holly mother I didn't see that coming. Go for it Sammy, BB has great stuff under their hood. A robust and most secure OS, great hardware and I wonder whether QNX come with this deal as well. If it does that will be great :)

18. boosook

Posts: 1442; Member since: Nov 19, 2012

They only want patents. They'll do like Microsoft did with Nokia and the BB brand will disappear in a couple of years.

52. nokia12

Posts: 610; Member since: Nov 19, 2013

microsoft did nothing with nokia... nokia played smart they got 7 billion $ and still own the patents and can still produce phones from 2016.. they already are in tablet market now with N1 ..through licencing deal they got rid of loss making Windows phone and eflop + declining feature phones.. MS got only few patents related to lumia phones ,asha,and pureview Majority are still owned by nokia

61. engineer-1701d unregistered

that was not the problem its just no one wants microsoft the world is set in its way apple and google thats it ms came to late, they should have partnered with google instead of fighting with them

53. Liveitup

Posts: 1798; Member since: Jan 07, 2014

Microsoft did not purchase Nokia for its patents. Nokia still exist as a separate company. I think what you are trying to say is more aligned with what Google did with Motorola.

60. palmguy

Posts: 982; Member since: Mar 22, 2011

Just like HP did to webOS. Oh no, it's happening again. :(

62. engineer-1701d unregistered

webos still the best

94. TechNeck

Posts: 651; Member since: Aug 29, 2014

No one ever saw this. It's a very unexpected surprise that might lead to something good. Is there a Passport-like Android I see in the future?

17. tury694

Posts: 167; Member since: Aug 25, 2014

Hahahah where are the BB trolls.

26. meanestgenius

Posts: 22072; Member since: May 28, 2014

You mean like you?

37. tury694

Posts: 167; Member since: Aug 25, 2014

I'm a Windows phone advocate. Just pick up a Lumia 930 and everything will be better.

42. meanestgenius

Posts: 22072; Member since: May 28, 2014

I already own a Lumia 925. Great phone. I prefer BlackBerry and BB10. It suits my needs. You should pick up a BB10 device and use it for a while. Maybe then you will realize how wrong you've been for trolling BlackBerry.

59. Liveitup

Posts: 1798; Member since: Jan 07, 2014

That's the power of choice, we all like different OS. Blackberry already stated that they don't report on rumors. They outright denied it.

64. meanestgenius

Posts: 22072; Member since: May 28, 2014

Agreed. And I, for one, and glad they denied this. The power of choice is a great thing to have. It's a pity that so many here would rather our choices be limited to one or two OS's.

68. aldridhl

Posts: 76; Member since: Feb 12, 2011

agreed sir. More viable platforms is better for the whole market.

131. AlikMalix unregistered

meanestgenius, your post is so true. I see a lot of people asking Apple to include Android features, I say why not use Android, I (just like millions upon millions) like iOS the way it is. I may have a few requests that iOS nor Android has, but if I wanted android features, I would get android. iOS is great because it is so different, same for BB and Windows - the further they're appart in UI and ecosystem the more fun this mobile tech world is. Assuming Samsung is building up Tizen - I cant wait to see what Samsung can do with it's OWN ecosystem... if they buy BB, they may dissect it keep some parts and throw away (sell) the rest in effect destroying a "choice" that some (maybe a few) but some still prefer... This isn't a war, people, this is competition, where consumers win...

132. meanestgenius

Posts: 22072; Member since: May 28, 2014

Agreed. People should just live and let live. Enjoy your OS of choice and let others do the same. As you said, if I wanted said features from another OS, I would simply buy a handset from that OS to use. +1 to you.

75. Salazzi

Posts: 537; Member since: Feb 17, 2014

F that. Tbh I'm anxious to get a WP and would have within the past week but I'm getting sick and tired of waiting for Microsoft to release a flagship device. I'd have picked up the 930, if it worked on T-Mobile. Sadly most of the bands it utilizes aren't supported in the US. As for the Icon, that solely Verizon only and reportedly LTE doesn't work on other carriers (though I've recently heard that it can be achieved unstably through some tinkering.. which a customer shouldn't have to do).

110. Furbal unregistered

Aye i had the icon for a bit, couldn't get mms to work on ATT.

28. Mxyzptlk unregistered

The few BB purists

32. meanestgenius

Posts: 22072; Member since: May 28, 2014

The many BlackBerry trolls....

128. Mxyzptlk unregistered

You're way too salty

133. meanestgenius

Posts: 22072; Member since: May 28, 2014

And you troll BlackBerry way too much. That makes you the salty one.

96. BobbyDigital

Posts: 2125; Member since: May 29, 2014

One of the many apple iDiots.

105. InspectorGadget80 unregistered

way too many iDiots. no iDiots shouldn't be on a blog site if they keep dissing every company that doesn't have a big fruit on it.

129. Mxyzptlk unregistered

Am I supposed to understand that?

114. VZWuser76

Posts: 4974; Member since: Mar 04, 2010

Curious, I though you stated the other day that you didn't troll BB articles.

130. Mxyzptlk unregistered

I wasn't.

135. VZWuser76

Posts: 4974; Member since: Mar 04, 2010

Really, so what have you contributed to the article then, other than your BB purists comment?

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