BlackBerry Enterprise Service: Lifeboat or Dead Weight?

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3Q 2013 | IN-1017233

 

Acquisition Intention Leads to Privatization

NEWS


BlackBerry recently announced receipt of a Letter of Intent from a Fairfax Financial-led consortium seeking to acquire the company. The acquisition is valued at US$4.7 billion, and would effectively privatize it. BlackBerry is due to announce possibly the worst financial quarter in its history, with losses of almost US$1 billion, and the company plans to cut 40% of its global workforce. The acquisition may well be one of the few chances at redressing the brand name and refocusing efforts on its core competency: security. 

The Consumer Business Is Dead; Long Live Enterprise Mobility

IMPACT


In anticipation of the potential acquisition, BlackBerry announced it is quitting the consumer business, with plans to serve only the enterprise sector. Undeniably, the com...

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