BlackBerry encouraging bids from Google, Intel, Samsung, LG… for 'all or parts' of its business

BlackBerry encouraging bids from Google, Intel, Samsung, LG… for 'all or parts' of its businessAs Martin scribbled a few weeks ago, a private equity firm led by existing BlackBerry shareholder Fairfax is set to buy out the remainder of shares for a cool £3bn, but the deal ain’t done just yet.

Indeed, there’s still time for Google, Intel, Samsung and others to swoop in with some last minute bidding, and BlackBerry is reportedly actively encouraging them to make a move.

That’s the word over on Reuters, with “several sources close to the matter” saying BlackBerry is very much open to selling “all or parts of itself”.

While a tentative deal was reached with Fairfax a couple of weeks ago, there’s a six-week period of due diligence, during which BlackBerry has – in its own words – “an opportunity to determine if there are alternatives superior to the present proposal”.

We’re told that BlackBerry is in talks with Cisco, Google and SAP, while it’s asked for “preliminary expressions of interest” from “potential strategic buyers” including Intel, LG and Samsung.

Pulling BlackBerry to bits, buyers might be interested in its secure server network, or its patent portfolio, though there are doubts about the actual value of such assets.

It’ll be interesting to see what happens over the next few weeks, but it looks like this is the end of BlackBerry as we know it. And of course Nokia will soon be swallowed by Microsoft. HTC next?

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