Mike Lazaridis built BlackBerry when it was RIM. He co-helmed it for a while. Now, he’s considering starting over by buying much of it back and trying to save it.
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BlackBerry founder mulls a second run
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Published October 10, 2013
TECHi's Take
BlackBerry founder and former co-CEO Mike Lazaridis is considering another run with his old company.
Lazaridis increased his stake in BlackBerry to 8 percent and has engaged Goldman Sachs and Centerview Partners to review a possible acquisition, according to a Thursday filing with the Securities and Exchange Commission.
Lazaridis is considering a bid as concerns mount over FairFax Financial’s ability to line up backers for its proposed deal to take the company private. BlackBerry, meanwhile, is weighing a breakup as its smartphone business continues to deteriorate.
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