Rumor: Microsoft wants to acquire Blackberry

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Rumor: Microsoft wants to acquire Blackberry. The latest rumor is that Microsoft Corporation is looking to pick up Blackberry for somewhere between $6 to 7 billion.

It’s difficult to understand why Microsoft Corporation would be looking to buy the troubled smartphone maker. It is possible that the company could be interested in picking up some of Blackberry
Ltd’s patents.
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Last week there were reports of Apple Inc.’s interest in buying the company to help it get a grip on Enterprise market. Among the list of rumored buyers of Blackberry have been Samsung and Lenovo Smartphone Market Blackberry Ltd continues to see its share in the smartphone market falling.
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Recent reports also indicate that the company’s share of the marked has shrunken drastically across the globe. Things have not been that easy for the company in the enterprise segment either as it faces stiff competition from Apple which holds 72% in that segment.

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CEO John Chen isn’t giving up on taking back at least some of the smartphone business. In an interview with Business Insider he says he’s
committed to making the smartphone business profitable again. Rather than going after the highly competitive and Apple ruled world of consumer smartphones, Chen has the company focused on going after enterprise and government contracts.
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The company has already making partnerships on enterprise front with the likes of IBM.

Blackberry has 44,000 patents which will be an added advantage for a company like Apple Inc, given its interest in the enterprise segment.

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Rumors of technology companies acquiring blackberry aren’t new. In the early part of this year there were talks of Samsung acquiring blackberry which led to share prices of the company jump by as much as 30%.

John Chen, CEO of the company has re-iterated time and again that the company is not for sale and it will continue to operate individually.

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Blackberry Ltd has seen positive
cash flow in the last two quarters which has led many believes that the turnaround is on track. The company
has started focusing more on the software and enterprise fronts.

Source: Learnbonds

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