BlackBerry reportedly refused to break up company despite interest from Apple, Microsoft

41

Back when BlackBerry was still on the market, some expected that the struggling company would ultimately be broken up and "sold for parts." But according to Reuters, BlackBerry's board roundly rejected this possibility, despite interest from several major competitors. Google, Microsoft, and even Apple — a name we hadn't heard before now — were reportedly drawn to BlackBerry's intellectual property. Cisco and Lenovo are mentioned as other potential buyers of BlackBerry's assets, though Reuters' report makes no mention of those Facebook rumors. In the end, BlackBerry's board apparently felt that a breakup would not "serve the interest of all stakeholders," Reuters says. Instead, earlier this week the company announced it wouldn't be selling to anyone. It's locked up $1 billion in funding and made sweeping changes to executive ranks in what may be BlackBerry's last opportunity at turning things around.

More from The Verge

Back to top ^
X
Log In Sign Up

forgot?
forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot username?

We'll email it to you.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Try another email?

Forgot username?

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.
Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_5345_tracker