Microsoft, Xiaomi, Others Eyeing BlackBerry Acquisition: Report

Microsoft, Xiaomi, Others Eyeing BlackBerry Acquisition: Report
Advertisement
BlackBerry is reportedly being eyed by several major companies again. The report's claim comes as a surprise as nearly two months ago, BlackBerry reported better-than-expected quarterly earnings, giving the first hint of the company's turning fortunes.

The report emerging out from Taiwan cites industry sources and claims that Microsoft and several China-based handset brands including Xiaomi, Lenovo, and Huawei are lined up to be "potential investors."

Microsoft has appointed investment companies to evaluate the possibility of BlackBerry acquisition, Digitimes reports. The Redmond giant with the acquisition is reportedly aiming to enhance its business mobile solution alongside patent portfolio for Internet of Vehicles (IoV), mobile platform and communications sectors.

Considering Microsoft and BlackBerry both have shifted focus to software products, it is not unreasonable to expect the Redmond giant to benefit from the acquisition. Microsoft is also set to launch its anticipated Windows 10 for PCs this summer followed by versions for mobiles and tablets.

The China-based companies, on the other hand, are said to intend buying BlackBerry with the aim of improving their presence in more markets (business) including Europe and the US as well as expand their current patent portfolio.

The report however speculates that China-based companies will face some issues in the scrutiny of regulatory agencies on concerns of national security in BlackBerry acquisition.

A report earlier this year claimed that Samsung offered to buy BlackBerry for as much as $7.5 billion (roughly Rs. 46,632 crores). The report however was denied by both the parties later.

Rumours of a possible Lenovo buyout bid for BlackBerry have been in reports previously as well. An earlier report even claimed that senior Lenovo executives were interested in BlackBerry targeting to strengthen the handset business.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Ketan Pratap
Ketan Pratap is the editor at Gadgets 360 - with over 12 years of experience covering the technology domain. With a breadth and depth of knowledge in the field, he's done extensive work across news, features, reviews, and opinion pieces. But what's truly inspiring about Ketan is how he spends his free time. He's often found gazing at snow-capped mountains from over 20,000 feet while sitting on the hood of his car, taking in the breathtaking beauty of nature. His passion for the great ...More
Xiaomi Mi 4i to Be Available in Open Sale Without Registration Next Week
Adult FriendFinder Breach Exposes Personal Data of Millions of Members
Facebook Gadgets360 Twitter Share Tweet Snapchat LinkedIn Reddit Comment google-newsGoogle News

Advertisement

Follow Us
© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »