Samsung Weighing BlackBerry Acquisition
Samsung has approached BlackBerry about a potential acquisition, according to a report published by Reuters. Citing people familiar with Samsung's plans, Reuters suggests Samsung would be willing to pay up to $7.5 billion for the one-time smartphone king. Samsung is most interested in BlackBerry's patent portfolio, and executives of the companies met last week regarding a potential deal, says Reuters. BlackBerry still makes smartphones, but the bulk of its current business is based on selling mobile device management software to business and government customers. At the same time, Samsung is anxious to build up a strong base of enterprise customers and sells its own Knox security platform to that effect. BlackBerry later denied it was in talks with Samsung.
SEC Investigating Suspicious BlackBerry Trades
The Securities and Exchange Commission has launched an investigation into trades of BlackBerry stock around the time a report suggested Samsung might buy the company. On January 14, Reuters reported that Samsung planned to buy BlackBerry for as much as $7.5 billion.
BlackBerry, Samsung Announce Security Tie-Up
BlackBerry and Samsung today agreed to sell one another's security software. The joint effort is meant to help Samsung sell more phones and to help BlackBerry win more BES customers.
BlackBerry Weighing Move to Android
BlackBerry is considering whether or not to make a smartphone based on Google's Android platform rather than its own operating system, reports Reuters. Citing sources familiar with BlackBerry's plans, Reuters says the company is working on a slider handset that would have a touch screen and a slide-out physical keyboard for typing.
Samsung's Knox Platform Adds More BlackBerry Tools
Samsung and BlackBerry today announced that Samsung's Knox enterprise security service will adopt BlackBerry's WorkLife and SecuSUITE services. The WorkLife tool will let Samsung device owners keep their work and personal data separate on the device.