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back to article Samsung BlackBerry gobble DENIED: We're not for sale to Sammy – execs

Samsung was today rumored to be eyeing up acquiring BlackBerry for $7.5bn – until the Canadian biz point-blank shot down the anonymous claims within hours later. Reuters cited unnamed well-placed sources in announcing the South Korean giant was in talks with BlackBerry so it could snap up the troubled phone maker's patent …

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  1. Breen Whitman

    "BlackBerry shares jumped up 30 per cent following Reuters' claims, and fell to 15 per cent up"

    I wonder who fed the info to Reuters? I wonder if the source contains the letters abceklr and y, and spells the same word as the fruit, a blackberry.

    0 0 Reply
  2. Anonymous Coward
    Anonymous Coward

    Blackberry is NOT for sale

    Blackberry: "BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry".

    Otto von Bismarck: "Never believe a rumor unless it's been officially denied".

    3 1 Reply
    1. AMBxx Silver badge
      Reply Icon
      Joke

      Re: Blackberry is NOT for sale

      Maybe Blackberry are buying Samsung?!?!?!?

      Seriously though, BB are slowly getting their act together. Any potential buyer is a year too late.

      2 0 Reply
    2. macjules
      Reply Icon

      Re: Blackberry is NOT for sale

      You can always trust Blackberry to pluck disaster from the jaws of victory.

      0 0 Reply

  3. This post has been deleted by its author

  4. Anonymous Coward
    Anonymous Coward

    It's a wind up...

    ...it seems that Kevin at Crackberry made a joke about John Chen, a contract and an S-pen to sign it with in a Las Vegas hotel room and someone perhaps took it seriously.

    Reports are that John Chen is quite unamused about it.

    0 0 Reply
  5. Anonymous Coward
    Anonymous Coward

    Not too surprising

    Not too surprising that Samsung approached BlackBerry. A lot of BlackBerry talent was poached by Samsung in the last couple years, some at the exec level. These people would be intimately familiar with the under-appreciated assets that BlackBerry still has, and could form a chorus within Samsung encouraging it to make a go for BlackBerry before others catch on.

    However, I don't think any buyer will offer BlackBerry close to enough for it to sell. Prem Watsa and John Chen are likely still aiming to get the company back to at least a $20B valuation again.

    0 0 Reply
  6. Jonathan 27

    Why sell out when you can continue to run the company in the ground? $7.5bn is more than it's worth.

    0 1 Reply

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