BlackBerry looking company selling option impact of declining market share





BlackBerry announced Canada examine the possibility of selling the company as one of the strategic options available to strengthen their position in the face of strong competition in the Smartphone market.

The company said through a press release that it formed a Committee of Directors and the members of the Board of Directors to discuss the option next to a number of alternative options, such as a merger or partnership or Alliance with another company.

BlackBerry seeks to save the bad financial situation, especially after the failure of the system “BlackBerry smartphones 10″ new raised recently in the improvement of the status of the company.

And working phones did not work with BlackBerry 10″ in the Canadian company share of the Smartphone market, where it exceeded the share of mobile phones “lumia”, produced by Microsoft are running Windows phone, Blackberry phones, share of the market for the first time last month.

The Canadian company said it suffered a net loss of 84 million dollars during the first quarter of this year, and expected operating losses in the second quarter.

This statement opens the door for companies wishing to buy a BlackBerry to make their presentations to the Board of Directors of the Canadian company, which announced the resignation of “Prem Watsa” largest contributor of the Canadian company, and will be followed by the resignation of withdrawing “Watsa” to invest in the company.

Lenovo is China’s most popular companies that were already willing to buy “BlackBerry”, where he announced the Executive Chairman of the company in an interview that such a step would strengthen his company’s strength in manufacturing smart phones.

It is worth mentioning that Lenovo, the Chinese company is not recent acquisitions on the big companies where previously captured the computer industry section in IBM’s evolution from a manufacturing process with computers enabling this year of making computer manufacturers in the world’s throne.
Related topics:


In: Technology & Gadgets Asked By: [18412 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »