BlackBerry phones were ruling the world with its text-ting facility till the Apple’s iPhone came in. But still the BlackBerry is king of the secure communications and top people are using it for the security of their communication. Recently BlackBerry Passport and BlackBerry Classic were not selling as expected so the company has to introduce job cuts in its factories.
Prospective suitors like Microsoft, Xiaomi, Huawei, Samsung and Lenovo are expected are expected to bargain a deal to get the company under them. The expected offer is around $8.5 – $7 billion. The BlackBerry’s shares are going at $10.48 per share in the market.
As per Phonearena,
back in 2013, BlackBerry’s largest shareholder, Fairfax Financial, agreed to take the company private in a $4.7 billion deal. But the deal fell through which lead to the removal of Thorsten Heins as CEO. Heins was replaced by John Chen.