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Samsung to Buy Blackberry?

News by Luke Jones on Thursday January 15, 2015.

samsung news · industry news · luke jones

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According to Reuters, Korean company Samsung is in talks with Canadian smartphone maker Blackberry over a $7.5 billion deal to buy the company. Reuters is reporting that Samsung (the world?s largest smartphone manufacturer) is interested in Blackberry's rich portfolio of patents and is will to pay $13.35 to $15.49 per share, which is at least 38% over the value of the company.

Reuters is of course an extremely credible source, but Blackberry reacted quickly with a statement of denial.

BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry. BlackBerry's policy is not to comment on rumors or speculation, and accordingly it does not intend to comment further.

Of course, company's officially saying one thing and doing the exact opposite is nothing new, so I think this story has still got some legs. Watch this space.

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About the author

Luke Jones
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.

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