|Last 7 Days News :
Saturday, November 09, 2013
Apple, Microsoft And Lenovo Were Interested In Blackberry
Microsoft, Apple and Lenovo, among others, had expressed interest in acquiring parts of Blackberry, according to people familiar with Blackberry's board discussions.
However, Reuters reports that BlackBerry's board did not believe a break-up of the Canadian smartphone maker was in its best interests.
It seems that the main interest in Blackberry was related to
the company's intellectual property and patents.
BlackBerry had also held discussions with Cisco, Google and
Chinese computer maker Lenovo, among others, about selling all,
or parts of itself.
BlackBerry on Monday announced it by abandoned plans to sell
itself, naming a new interim chief executive, and announcing an
$1 billion convertible notes issue to a group of investors
including its largest shareholder Fairfax Financial Holdings,
Canso Investment Counsel, Mackenzie Financial, Markel Corp,
Qatar Holding and Brookfield Asset Management.
Towards the end of BlackBerry's review of strategic
alternatives, a consortium comprised of BlackBerry founders
Mike Lazaridis and Douglas Fregin, Cerberus Capital Management
LP and mobile chip giant Qualcomm had also expressed interest
in the company.