Feeds

Ding-dong! Who's at the door now with a big wad of cash, BlackBerry?

Embattled mobile firm given an offer it could probably refuse

Bridging the IT gap between rising business demands and ageing tools

Mobile-chip specialist Qualcomm has been named as part of a group looking to make a bid for BlackBerry.

The Wall Street Journal cited "people familiar with the matter" when reporting that Qualcomm could join forces with private equity firm Cerberus Capital and the pairing of cofounders Mike Lazaridis and Doug Fregin.

The report did not mention any details on a possible bid for the embattled BlackBerry, currently trading at a meagre $7.77 on the NASDAQ. Such a deal would give Qualcomm, best known for its line of mobile chipsets and processors, a fresh set of hardware platforms to work with as well as a mobile operating system.

An acquisition could also reunite the company with the two men who started the firm in 1984. Originally known as Research in Motion, the company emerged as a communications powerhouse in the late 1990s, and at its highest point the BlackBerry brand was synonymous with smartphone handsets.

Over the last five years, however, BlackBerry has seen its fortunes decline as rival iOS and Android devices eroded away much of BlackBerry's enterprise and consumer market share. Many industry pundits see a sale as the most likely endgame for the company.

To that end, there have been no shortage of rumoured suitors for BlackBerry. In separate deals, both Cerberus and Lazaridis and Fregin have been linked to reported bids for the company.

Meanwhile, BlackBerry is continuing the fight to re-establish itself as a big name in the mobile market behind chief executive Thorsten Heins, and an expanded platform of mobile management tools for both its own and competing mobile operating systems. ®

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.