The rumor mill has been turning in the past few days regarding the possibility that Samsung may be planning to buy BlackBerry. As reported by Reuters, representatives from both companies purportedly met several days ago to discuss the matter of the South Korean tech giant possibly taking over the recently struggling Canadian phone maker.
Some sources are saying that the buyout could amount to $7.5 billion. Samsung is said to be targeting a purchase price of $13.35 to $15.49 per share. That would be equivalent to a premium of up to 60 percent of BlackBerry's usual trading price.
But why BlackBerry? The last few years have been challenging to say the least for the phone maker, with its products failing to capture the market and produce impressive sales. But as one of the pioneering smartphone manufacturers, BlackBerry has a good collection of patents in its pocket.
Experts agree that Samsung is definitely interested in getting hold of those patents. Especially now that the South Korean phone maker is facing some challenges ahead in its ongoing battle with Apple for smartphone dominance.
Additionally, acquiring BlackBerry may be a good first step for Samsung in finally venturing into enterprise-related pursuits. Samsung has always been slow to penetrate the enterprise sector, and it is definitely high time for the tech giant to start being aggressive in capturing business-oriented customers. Taking over BlackBerry would be a wise move. After all, BlackBerry has been serving the business sector for decades now.
Interestingly enough, this is not the first time that BlackBerry has been linked with a buyout. Not so long ago, there were rumors that Chinese tech company Lenovo was eyeing BlackBerry, but the takeover never materialized because of too much government scrutiny (allegedly). And BlackBerry's involvement with government mobile security did not help at all, making it more difficult to finalize an agreement with any company from China.
However in Samsung's case, the government appears to have no problem with a South Korean company making deals with BlackBerry. As a matter of fact, a deal was struck last year in which Samsung would incorporate BlackBerry's security platform into the Android software used in Samsung Galaxy smartphones.
But wait -- BlackBerry has issued an official statement, denying outright that there were any discussion regarding any buyout. As for Samsung, they have yet to release any statement regarding the matter at all.
If a buyout does happen in the near future, it would be interesting to see what will happen to BlackBerry and its lineup of phones. Additionally, one must wonder how Samsung would capitalize on its acquisition. If indeed any acquiring takes place.
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