Sun. Oct 20th, 2019




Facebook Could Be Making a Bid for BlackBerry According to Reports

BlackBerry smartphones, BBOS 7, BlackBerry buyout

BlackBerry Messenger looks like it could be making the Canadian company a much more attractive acquisition target. BBM climbed to 80 million users just this week after only one week of availability on iOS and Android.

It’s no secret that BlackBerry is looking for a buyer and that preliminary $4.7 billion buyout deal with Fairfax Financial Holdings that was announced in September could be just the beginning, as Facebook is reportedly in discussions with BlackBerry about a possible acquisition on top of other companies such as Lenovo and even Microsoft and Google.

Facebook joins Lenovo, Microsoft and other top companies to discuss possibly acquiring BlackBerry

According to reports, BlackBerry execs met with Facebook leadership at Facebook’s headquarters in Menlo Park, California last week in preliminary discussions, though it wasn’t disclosed what was discussed, what Facebook would be acquiring if such a bid were placed on the table, or even if the social network would be making any kind of bid at all.

This would be an interesting acquisition, especially given Facebook Phone rumors in the past and the company’s new commitment to its Messenger app, which competes with BBM directly.

It’s too soon to tell what, if anything, will come of these talks, however. Do you think BlackBerry would be a good acquisition for Facebook?