Reuters Reporting that Samsung Has Proposed an Acquisition of BlackBerry

When I first heard this news, my immediate thought was “Tizenberry”. But after thinking about Samsung possibly buying BlackBerry, I’m thinking Samsung wants the Canadian phone maker to improve KNOX. As most of you know, Samsung KNOX is their enterprise security suite of tools. Which is what BlackBerry is known for. And would definitely be a big help with KNOX. But before we get into that, let’s take a step back and talk about this report.

This afternoon, Reuters reported that Samsung was looking to purchase BlackBerry. And they have put in a bid of about $7.5 billion to buy the company. After that report went out, BlackBerry’s stock started to skyrocket – image of that is down below. Which is crazy, but that is also normal when acquisition talks happen. Either they shoot up – in this case – or they shoot down, like when Softbank announced they were no longer going to be trying to merge with T-Mobile USA last year.

BlackBerry has been trying to make a comeback for quite some time now. But the last time they were really relevant was in 2010, if not earlier. They’ve struggled trying to compete with the likes of the iPhone, Windows Phone and Android. And have now instead turned their attention to software. Bringing BBM to both Android and iOS. BlackBerry brought back the BlackBerry Classic and announced the BlackBerry Passport in 2014. Both of which didn’t do so well for the Waterloo native. And it looks like BlackBerry – formerly RIM – is going to go the same way as Nokia. And get bought up by a larger tech company. Nokia was bought by Microsoft, and it looks like BlackBerry is going to Samsung in Korea.

Reuters stated that representatives from both Samsung and BlackBerry met last week about making a deal. Wonder if they met at CES? We know Samsung was there, and I’m sure BlackBerry was there in some capacity. If this deal does go official, it’ll be interesting to see what Samsung plans to do with BlackBerry. There’s a lot of things there that BlackBerry fans will love, like the full keyboard and the Enterprise security that BlackBerry is so well known for. Let us know what you think in the comments below.

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