A PYMNTS Company

Canada: Microsoft reportedly eyes BlackBerry with $7 billion bid

 |  May 25, 2015

It was reported that there were several tech companies interested in acquiring Canadian telecommunication firm Blackberry. Out of Xiaomi, Huawei, Lenovo, and Microsoft, the last two firms have the highest chances of acquiring Blackberry given the fact that they have had some experience in making expensive acquisitions.

Now, rumor has it that software giant Microsoft intends on snaring Blackberry for the price of $7 billion USD. The amount is slightly lower compared to the $7.17 billion USD that the company gave away in acquiring Nokia, and $500 million USD less in contrast to the rumored offer of Samsung, which took place in January.


Full content: BestMobs

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.