Microsoft Corporation (MSFT) Rumored To Consider Buyout Of BlackBerry Ltd (BBRY)
BlackBerry stock went up as much as 3% in the last trading session in response to the blog posted on Betaville pertaining to its possible acquisition by Microsoft
BlackBerry Ltd (NASDAQ: BBRY) stock went up approximately 3% on Friday in response to the blog posted on Betaville. The blog featured a speculation pertaining to the acquisition of Canadian handset maker , BlackBerry by American tech giant, Microsoft. Microsoft Corporation (NASDAQ: MSFT) has reportedly hired bankers to help them in evaluating the takeover deal for BlackBerry.
Microsoft has reportedly hired Deutsche Bank and Goldman Sachs to assess the acquisition deal. According to the sources, Microsoft has not officially approached BlackBerry to negotiate the deal and believes that the software giant is still in the early phases to evaluate the deal. BlackBerry shares have fallen approximately 6% this year.
The software giant has been a part of speculation pertaining to the acquisition of BlackBerry back in 2012, after it acquired Nokia’s mobile segment. Bloomberg reported that Microsoft was evaluating the takeover deal for the Canadian handset manufacturer primarily because of its strong leading position in the enterprise segment.
Furthermore, Microsoft was recently involved in the speculations pertaining to the acquisition of cloud company, Salesforce.com. Redmond based tech giant announced its intentions of carefully examining the marketing software company. However, Microsoft withdrew from the race, showing disinterest in the acquisition of Salesforce.
According to some industry experts, Microsoft has to pay around $6-7 billion in order to acquire BlackBerry. This might be a good move forsoftware giant and might complement its recent shift of focus away from hardware components to development of cloud and enterprise platform. Microsoft shares closed at $48.29 in the last trading session and have risen approximately 3% this year.
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BlackBerry stock went up as much as 3% in the last trading session in response to the blog posted on Betaville pertaining to its possible acquisition by Microsoft
BlackBerry Ltd (NASDAQ
Microsoft has reportedly hired Deutsche Bank and Goldman Sachs to assess the acquisition deal. According to the sources, Microsoft has not officially approached BlackBerry to negotiate the deal and believes that the software giant is still in the early phases to evaluate the deal. BlackBerry shares have fallen approximately 6% this year.
The software giant has been a part of speculation pertaining to the acquisition of BlackBerry back in 2012, after it acquired Nokia’s mobile segment. Bloomberg reported that Microsoft was evaluating the takeover deal for the Canadian handset manufacturer primarily because of its strong leading position in the enterprise segment.
Furthermore, Microsoft was recently involved in the speculations pertaining to the acquisition of cloud company, Salesforce.com. Redmond based tech giant announced its intentions of carefully examining the marketing software company. However, Microsoft withdrew from the race, showing disinterest in the acquisition of Salesforce.
According to some industry experts, Microsoft has to pay around $6-7 billion in order to acquire BlackBerry. This might be a good move for
Mobile app develop
Mobile’s strategy is the key to any business success in todays digital world. Pixotri technologies
Contact us for your mobile app development requirements
https://www.youtube.com/watch?v=T9xSWDsTYC8
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