BlackBerry drawing interest from Google, Cisco, SAP

Everybody likes a bargain, especially when it will draw in a lot of attention and likely show a strong return on investment. Such is the case with BlackBerry as some big names are taking a look to see if they want the company or parts of it before it completely collapses.

Such a deal would be an alternative to the preliminary agreement reached weeks ago with a group, led by BlackBerry’s biggest shareholder, Fairfax Financial Holdings, to take the company private for about $4.7 billion, a bid which has faced some skepticism because of financing questions.

The company, based in Waterloo, Ontario, has asked for preliminary expressions of interest from potential strategic buyers, which also include Intel Corp and Asian companies LG and Samsung, by early next week.

Read full article