BlackBerry confirmed to go private in deal valued at $4.7 billion

By Shawn Knight ยท 4 replies
Sep 23, 2013
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  1. The saga surrounding Canadian handset maker BlackBerry appears to be over. On Monday, the company announced they have reached an agreement to be taken private by a consortium led by Fairfax Financial Holdings as part of a deal valued at...

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  2. Jad Chaar

    Jad Chaar Elite Techno Geek Posts: 6,515   +974

    Maybe this is the right direction for BB. Who knows.
  3. coppersloane

    coppersloane TS Enthusiast Posts: 108   +33

    It is the right direction for them. Mobile users are a fashionable lot. They've all flocked to Apple and will stay with Apple even if the phones never introduce a single innovation from this day forward. BlackBerry proved it by developing an amazing trio of phones with features no other phone has. Innovating didn't save them. These days, once you're out of the game, you're out for good. Phones are an accessory now, and a statement of character. Consumer choice has little do with function. Farewell, BlackBerry. Fare thee well elsewhere.
  4. mctommy

    mctommy TS Addict Posts: 217   +38

    It had to do with function back in 2007/2008. But Blackberry took their time to develop something for the consumer thinking their lead in the business world would remain untouched. Then the iPhone came. Then the Android phones came. It took them what... 4 years to bring out something on par with everyone else with the Blackberry OS 7/Blackberry 7 Devices. I actually loved my BB bold until I saw what other apple/android phones could do...
  5. BB10 phones are great, maybe the best. Unfortunately, they are competing with giants like Apple who due to their marketing genius could sell snow to the Eskimos. This masks a real lack of ingenuity displayed by Apple in the last few releases of the iphone. Yet they break sales records. :)
    Matt12345170 and coppersloane like this.

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