Jan 14 AT 4:29 PM Alex Wagner 6 Comments

Samsung may have approached BlackBerry with $7.5 billion acquisition offer


Apparently Samsung is interested in starting 2015 off with a bang.

According to a source speaking to Reuters, as well as documents purportedly seen by the publication, Samsung has made an offer to buy BlackBerry for as much as $7.5 billion. Executives from the two firms are said to have met as recently as last week. The reason for Samsung’s interest? It’s all about those patents.

While $7.5 billion is unquestionably a lot of cash, Samsung is a pretty huge company with a presence in a lot of markets. Sammy could handle dropping that much on BlackBerry, and considering the patent warchest that BlackBerry has acquired over its many years in mobile, a Samsung acquisition of BlackBerry may not be a bad idea. It could help Samsung beef up its own products, whether that be its Android devices or its own Tizen platform.

Do you think that Samsung should buy BlackBerry?

Source: Reuters

Editorial Director of News and Content for PhoneDog Media. Arsenal, beer, video games. Can be followed on Twitter at @alw.

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  • Richard Yarrell

    Definitely makes sense.

  • Bart

    As mentioned in the article, most likely it is “all about the bass,” UMMM, I mean, “all about the Patents.” That Samsung is doing this demonstrates (at least to me) that even though they took quite a loss in 2014, they are still profitable enough and have enough “liquid assets” (http://www.investopedia.com/terms/l/liquidasset.asp) in order to make such an offer. Even though Blackberry’s handsets have fallen out of favor with the public, their security in the corporate market is well known. For Samsung to get those patents would given them a clear advantage in selling to businesses.

  • TruFactz

    Woah, Starting off with a bang is right. Acquire BB? Very lucrative, would RIM make that kind of move with them “reinventing themselves”? I mean there is alotta hype around the classic, BB goin back to its roots, honestly if it becomes a no-go it’ll be due to them placing all of their eggs in one basket that is the classic, but then it’ll be another move like HTC did (same design) and we all saw how that went. As far as patents, it would only bolster Sammy’s “Knox” system. This is something ill be following

  • SBM_from_LA

    I could see a repeat of what happened to Palm after HP bought them out.

  • Dirty Budha

    Could be good…could be bad.

  • Bart

    Blackberry has denied the rumors of the talks.