Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×

Submission + - BlackBerry Officially Open to Sale (slashdot.org)

Nerval's Lobster writes: BlackBerry is considering whether to sell itself off to the highest bidder. The company’s Board of Directors has announced the founding of a Special Committee to explore so-called “strategic alternatives to enhance value and increase scale,” which apparently includes “possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions.” BlackBerry CEO Thorsten Heins added that, while the committee did its work, the company would continue to its recent overhead-reduction strategy. Prem Watsa, chairman and CEO of Fairfax Financial—BlackBerry’s largest shareholder—announced that he would resign from the company’s board in order to avoid a potential conflict of interest. News that BlackBerry is considering a potential sale should surprise nobody. Faced with fierce competition from Google and Apple, the company’s market-share has tumbled over the past several quarters. In a desperate bid to regain its former prominence in the mobile-device industry, BlackBerry developed and released BlackBerry 10, a next-generation operating system meant to compete toe-to-toe against Google Android and Apple iOS—despite a massive ad campaign, however, early sales of BlackBerry 10 devices have proven somewhat underwhelming.
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

BlackBerry Officially Open to Sale

Comments Filter:

If all else fails, lower your standards.

Working...