BlackBerry gets $4.7 billion buyout offer from Fairfax group

23 September, 2013
BlackBerry has a singed an intent agreement to sell the company for $4.7 billion to Fairfax consortium.

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  • Randy from Cape Town

I sell phones. The reason people won't buy new BB's Is firstly, the price and second... NO BIS...

  • Reply
  • 2013-10-02 12:47
  • Gf0T
  • Randy from Cape Town

I sell phones. The reason people won't buy new BB's Is firstly, the price and second... NO BIS...

  • Reply
  • 2013-10-02 12:43
  • Gf0T
  • WritetoDipen

Essentially speaking, half cooked technology screwed up technically superior companies and this will certainly have an impact on mobile technology.

  • Reply
  • 2013-09-25 17:11
  • ixsV
  • Tim of Indonesia

> In reply to Lumpia @ 2013-09-24 13:50 from 9FE6 - click to readI should add that BIS here costs about USD8 per month unlimited which is cheap. I also had a Note, the first version, which when upgraded the os actually went slower, so all manufacturers have their problems. My comments on security are fact. The Z10 works like a dream, it is good enough. Over rated specs can never cover the short fall in an inherently leaking os, such as Android.

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  • 2013-09-25 02:40
  • uExx
  • Emik

Its a vicious circle... once you are in the top its very difficult to maintain the same momentum... it happened with Nokia now Blackberry... tomorrow might be Apple/ Samsung unless and until they keep on improving the way they introduced the destructive innovation... which lead to the fall of the GIANTS.

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  • 2013-09-25 01:07
  • jDum
  • Bluto

No more hopes left for BlackBerry to survive. It's their stupid management. Nokia was able to survive because of some cheap products with overall balanced specifications but failed due to the management. BlackBerry has released some cheap phones but with old OS and mediocre specifications and price price. I still think Qwerty has a change. I'll buy the Q10 tomorrow if it wasn't much expensive than what it offers but sadly i can't due to the price tag. The management is really responsible for all this. All BlackBerry need to do is cut their products prices to make it affordable, then the products will sell, BlackBerry will get more developers support, more apps will attract customers, lots of free applications on the store, and BlackBerry on top of the mountain again.

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  • 2013-09-24 23:41
  • rKFS
  • Anonymous

$4.7 billion? Makes me think Nokia was sold too cheaply.

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  • 2013-09-24 14:11
  • mAtE
  • Lumpia

> In reply to Tim of Indonesia @ 2013-09-24 07:24 from sSVk - click to readBB is notorious for having overpriced products, and lousy service for the BBM. Maybe you forgot how many times BBM server were downed in SE Asia.

You can get other Android and WP phones which featured better spec and performance, and lower price.
Plus, BBM is something from the past glory of BB.

So, although I hope BB does survive, I choose other phones instead of any BB overhyped products.

Good Luck...

  • Reply
  • 2013-09-24 13:50
  • 9FE6
  • Matty

> In reply to the_seba @ 2013-09-24 09:08 from mN{@ - click to readOff topic we have a halifax in england

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  • 2013-09-24 12:44
  • S35r
  • Anonymous

> In reply to Tim of Indonesia @ 2013-09-24 07:24 from sSVk - click to readYou got it in one buddy I agree

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  • 2013-09-24 10:25
  • SgvH
  • the_seba

Slightly off topic here; from a non-Canadian POV: Canadian cities have the coolest names ever - my favourite being Halifax, who wouldn't want to live in a city named Halifax? Go Canada!

  • Reply
  • 2013-09-24 09:08
  • mN{@
  • kikloo

> In reply to yinzui @ 2013-09-23 22:20 from jes8 - click to readMicromax as a company is doing really good but on consumer side their quality control, after sales service etc. is very bad. I bought A116 and it was pathetic. I will not compare Micromax with Nokia or Blackberry for years to come.

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  • 2013-09-24 08:56
  • t}MD
  • Tim of Indonesia

> In reply to xsflagstaff @ 2013-09-23 22:35 from myCS - click to readI dont agree - it is perception verse reality. The big mistake they made was overpricing, but Z10 in Jakarta is now about USD430. Quite cheap compared to expensive Samsung. But it is not toxic. In fact i think BB will come back and the reason is because of the spying with PRISM that has been reported extensively. Google (Android), Apple, and MS, have been noted as leaking like a sieve. So if you are Government or sensitive business, you have no choice but to use Blackberry. I use a Z10, and people are always surprised how good it is.

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  • 2013-09-24 07:24
  • sSVk
  • Anonymous

> In reply to JACK SPARRROW @ 2013-09-23 23:43 from QGMH - click to readOh my are you a board member lol Erm nope as they are not buying it for patent so don't suggest these things or you may end up in court, they are taking blackberry back to what they used to do, phones for adults governments, not children

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  • 2013-09-24 07:12
  • sXF6
  • Lumpia

> In reply to balthazar @ 2013-09-23 21:24 from 61Ps - click to readWell, while having the BB brand can be considered a good buy, especially with the patents but not the hardware division, buying it could give you extra burden of the last sales bad numbers.

Even this Fairfax parties could be a fake one just to get some attentions from other parties.

If MSFT or Samsung or Google are considering to buy, now that's a good news. But I guess it is not, cause they know what happens with BB lately. It is just a burden.

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  • 2013-09-24 04:50
  • thu9
  • James

It was always on the cards. Now given the extent of PRISM infiltration in Apple, Google (Android), Yahoo, Skype, etc, perhaps there is an enormous market for Blackberry if properly promoted. NO sensitive business, or private company, or indeed a Government can afford not to use Blackberry.

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  • 2013-09-24 02:23
  • sSVk
  • FromChinaWithHeart

Just when peoples said MS is cheap for paying Nokia 7-8billion for the devices, and then look at this man! 4.7billion is the offer to buy the company, remember is the company not just some part of it.

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  • 2013-09-23 23:58
  • 81SZ
  • Rasta from Jamaica

I wish the new management give it a turn around

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  • 2013-09-23 23:52
  • jxXT
  • Rasta from Jamaica

> In reply to jaminbob @ 2013-09-23 20:58 from dUK{ - click to readMe too its another sad day yet hope they dont end up as Palm hey Nokia is in GOOD hands oh yes the New CEO going to be yes! Stephen Elop meaning he is STILL going to push Nokia yet i wonder if GSM Arena could get some of the Q10 and gave them to us hahahahahahahahah

  • Reply
  • 2013-09-23 23:49
  • jxXT
  • JACK SPARRROW

They are buying the company for patents, at 4.7 billion its a steal...its good that they get out of the stock market

  • Reply
  • 2013-09-23 23:43
  • QGMH