Major tech companies like Google and Intel showing interest in acquiring Blackberry
While Blackberry is currently in talks to be acquired by Fairfax Financial Holdings, however reports suggest that quite a few companies are showing interest in initiating acquisition talks with the company.
According to sources, tech giants including Google, Intel, Cisco, SAP and even Samsung and LG are showing interest in Blackberry, which is apparently in a very bad shape currently and most recently announced a $1 billion operating loss however most companies seem to be very interested in their enterprise business including BES.
Blackberry has already received yet another proposal of interest from financial firm, Cerberus Capital. However as of now, Fairfax was supposed to deliver a merger agreement to BlackBerry by Friday. Failure to do so would reduce the time allowed to conduct its due-diligence which originally was supposed to end on November 4th, thus raising doubts about the completion of the deal.