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Oct 29, 2013

Facebook Interested in Acquiring BlackBerry [Wall Street Journal]

Facebook is the last player in the BlackBerry acquisition saga, as execs of both companies reportedly met last week to discuss on a potential buyout offer.

According to Wall Street Journal, both BlackBerry and Facebook declined to comment on the matter, so it's unclear if Facebook is still interested in placing a bid after the said meeting. BlackBerry has already accepted a buyout offer from Canadian consortium Fairfax Financial, which is expected to finalize in early November if no other bids are placed on the handset makers assets.

Several companies expressed their interest in acquiring BlackBerry, including Lenovo and the company's ex-CEO Mike Lazaridis, but neither placed any bids on the company. If nothing happens until next week, BlackBerry may go private and start focusing on business and government customers, as the Canadian company announced a few weeks ago. Stay tuned for more updates on the matter.

BlackBerry logo
Image credits to BlackBerry


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