Updated 02:33 PM EDT, Sat, Sep 18, 2021

BlackBerry Could Be Apple’s Biggest Purchase of All Time; Acquisition Deal Looming? [Rumors]

  • +
  • -
  • Sign up to receive the lastest news from LATINONE

Rumors surrounding Apple's acquisition of BlackBerry have toured the headlines once again. According to Learnbonds.com, the companies weren't "true rivals" in many years, and these speculations could have stemmed from BlackBerry's recent spike in stock volume.

Asking whether the Canadian company could shelter under Apple's umbrella, the outlet wrote, "According to rumors circulating on Monday morning on Wall Street it's possible."

Learnbonds.com said BlackBerry would be Apple's biggest buy of all time. However, the outlet sees this as an "uncharacteristic move" for Tim Cook and company, considering that the Cupertino giant is "conservative" with its cash.

Sean Udall, CIO of Quantum Trading Strategies, told Benzinga, "The one way this deal might work is if the U.S. governments [and others] basically want Apple to buy them because they're worried that BlackBerry, effectively, won't be around in its current form."

Followers would remember that this isn't the first time such rumors have popped. In 2013, the AppleInsider cited a report, which named Apple as among the parties interested in buying part of BlackBerry's assets.

Benzinga cited BlackBerry's shares rising significantly early this January, following reports on Samsung's interest in acquiring the company. The Korean tech giant reportedly wanted BlackBerry for $7.5 billion.

As it turned out, Samsung may have been interested with BlackBerry's patents. According to the Business Insider, since BlackBerry had been early in the smartphone market, it certainly owned patents Samsung "might be able to use."

BlackBerry was able to address the rumors soon enough. Forbes took note of the company's statement, "BlackBerry Limited is aware of certain press reports published today with respect to a possible offer by Samsung to purchase BlackBerry."

"BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry. BlackBerry's policy is not to comment on rumors or speculation, and accordingly it does not intend to comment further," the statement said.

At the time of reporting, the Business Insider wrote that BlackBerry remains to be standard in some industries, most notably in governments and the military. It's long been known to many that the president of the United States of America, Barack Obama, continues to use a BlackBerry.

Yet Apple and Samsung are not the only key players mentioned in BlackBerry acquisition reports. LG, which recently took the wraps off its G4 flagship, was also thought of getting BlackBerry, Benzinga cited. Microsoft's interest has also been cited by the AppleInsider.

Interested in what's brewing inside BlackBerry? Visit the company's official site here.

What do you think about other companies acquiring BlackBerry? Should it continue operating on its own? Share your thoughts in the comments below.

© 2015 Latin One. All rights reserved. Do not reproduce without permission.
  • Sign up to receive the lastest news from LATINONE


Real Time Analytics