$4.7 billion for Blackberry

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    Sep 24, 2013 5:53 AM GMT
    Far more than I thought they'd be worth.


    http://www.nbcnews.com/business/struggling-blackberry-agrees-be-sold-4-7-billion-4B11234242?ocid=msnhp&pos=2
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    Sep 24, 2013 6:19 AM GMT
    Blackberry.. A prime example of what happens when a company stops innovating and rests on its popularity.

    BB is done. I think as a last ditch effort, they're gonna go open source. Like WebOS. Remember WebOS? No? icon_lol.gif
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    Sep 24, 2013 9:07 AM GMT
    Blackberry is far from done.

    There are quite a few wolves waiting in the shadows to pounce.. Including Microsoft.
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    Sep 24, 2013 9:51 AM GMT
    Anocxu saidBlackberry is far from done.

    There are quite a few wolves waiting in the shadows to pounce.. Including Microsoft.


    Someone just pounced. That's what the article is about.

    "Struggling smartphone maker BlackBerry has agreed in principal to be acquired by a consortium led by its biggest shareholder, Fairfax Financial, a Canadian insurance company, for $9 per share, in a deal that would total $4.7 billion."
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    Sep 24, 2013 6:48 PM GMT
    Fairfax is just gonna gut out BB and sell/license their patents. I'm pretty sure phone production will cease within a year.
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    Sep 24, 2013 8:12 PM GMT
    xrichx saidFairfax is just gonna gut out BB and sell/license their patents. I'm pretty sure phone production will cease within a year.


    Agree, but $4.7 billion is a big pile of money for just that.
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    Sep 25, 2013 5:02 AM GMT
    freedomisntfree said
    xrichx saidFairfax is just gonna gut out BB and sell/license their patents. I'm pretty sure phone production will cease within a year.


    Agree, but $4.7 billion is a big pile of money for just that.
    I think most of that is sentimental value. BB is Canada's pride and joy after all.