Wednesday, 30 October 2013

BlackBerry reportedly propositioned Facebook for a bid

BlackBerry recently released a version of BBM for iOS and Android to give its over-the-top messaging app, once the gold standard in mobile messaging, more universal appeal. BBM wasdownloaded more than 10 million times in the first 24 hours after release, the company said.
After years in decline, BlackBerry officially put itself up for sale last month and forged a tentative arrangement with Fairfax Financial Holdings, which is considering taking the smartphone company private for $9 per share, or $4.7 billion. Other suitors such as Lenovo and former Apple CEO John Sculley have also given BlackBerry the once over. Even BlackBerry founder and former co-CEO Mike Lazaridis had been considering making a formal pass at his old sweetheart. Lazaridis and co-founder Douglas Fregin increased their combined stake in BlackBerry to 8 percent a few weeks ago.

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