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BlackBerry executives met with Facebook to gauge bid interest

Written by Andre Yoskowitz (Google+) @ 29 Oct 2013 21:05 User comments (1)

BlackBerry executives met with Facebook to gauge bid interest According to the WSJ, BlackBerry executives recently met with Facebook to see what kind of interest there was for a potential bid for the company.
The meeting in of itself has renewed speculation that Facebook wants to build its own smartphone. So far, the company has relied on third parties like HTC to show off dedicated Facebook apps and user interfaces.

BlackBerry has been struggling to keep its businesses afloat and recently made themselves available for sale, as a whole or in pieces. The company has also recently announced it will no longer market phones to the general public, instead moving to only enterprise and government customers.

Although values fluctuate depending on what analysis you use, the company does have some marketable assets. A large patent trove is expected to bring in $2 billion, and the company's enterprise and security network is expected to bring in the same amount. The company also has $2.5 billion in cash, but it is burning through it quickly.

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1 user comment

129.10.2013 22:40

The collaboration of 2 major idiots: a dream come true.


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