BlackBerry takeover case adds variable Cisco Samsung or spin-off takeover

Source: Internet
Author: User
Keywords Samsung takeover case BlackBerry Cisco
Since the Canadian smartphone maker BlackBerry made a public offer of $4.7 billion trillion and will accept the fairfaxfinancialholdings of the investment firm (hereinafter referred to as Fairfax), the company has basically entered the "abandoning treatment" phase of its day-to-day business. 7 top designers in charge of BlackBerry 10, the latest BlackBerry operating system, have left and created a new company yesterday, while BlackBerry's headquarters in Canada also cut 300 employees. As for the Fairfax takeover process, it appears that new developments have occurred. According to foreign media reports, the BlackBerry is worried about Fairfax in the financing of the acquisition of problems, is currently considering the break-up of the sale of the company. Nevin said companies, including Samsung, Cisco and SAP, had contacts with blackberries. However, when the south was confirmed by reporters, these companies in China's branches are not clear. It is noteworthy that, according to the BlackBerry and Fairfax signed a preliminary agreement, if the BlackBerry to seek third-party buyers, still need to pay hundreds of millions of of the cost to Farifax. The BlackBerry is losing a lot of people. Foreign technology Media AllThingsD said yesterday that 7 top designers of the BlackBerry 10 operating system had recently left the company to create a new one. It is understood that they joined the BlackBerry in 2010, began to complete the BlackBerry Playbook tablet computer operating system, and later became the BlackBerry 10 operating system design and development of the main force. In addition, BlackBerry headquarters also cut 300 people, but the unknown department. At the end of September this year, the BlackBerry announced the global layoffs of 4500 people, the above 300 people are considered as one of the parts. Other South reporters contacted BlackBerry China to understand layoffs, did not receive a reply. In parallel with layoffs, the BlackBerry Company's overall sale. On September 24, BlackBerry agreed to sign a "temporary takeover agreement" with major shareholders and Canadian insurance company Fairfax, which will buy all of the BlackBerry's shares in about 4.7 billion dollars. At that time Fairfax chief executive Votsa hinted that the privatized BlackBerry would give up the personal end market and move to business-to-business. According to the agreement between the two sides, a team led by Fairfax will look into the BlackBerry's financial position within 6 weeks of the announcement, confirming that there are no problems before the takeover. Meanwhile, Fairfax did not have enough cash to buy the BlackBerry, with a shortfall of about $1.6 billion trillion. In addition, the "Interim acquisition Agreement" also stipulates that if the BlackBerry selected other buyers, the company will be the Fairfax-led consortium to pay 157 million of dollars. If a final agreement is signed with Fairfax, the "break-up fee" will be raised to 261 million dollars. A huge breakup fee. However, even if the "break-up fee" is likely to be incurred, BlackBerry Chief executive Stotten Heins and the Special Committee of the company's board of directors seem not to be reassured by the latest news that BlackBerry is still looking for alternatives. People familiar with the matter said the BlackBerry's advisers had contacted companies such as SAP, Intel, Cisco and Samsung last week, but only the BlackBerry departmentBusiness interests, that is, BlackBerry needs to split the business to sell. At present the most perfect outcome is the split after the various parts of the buyers favor, but in fact, the situation is not satisfactory. For example, SAP is assessing the attractiveness of the BlackBerry's corporate sector, and Intel is interested in BlackBerry patents, but this part will be a cross with the corporate sector. But none of these claims have been officially confirmed. More importantly, these new acquirers also need to pay for Fairfax's "breakup fee". So the so-called BlackBerry spin-off is still not a matter of prime. Reporter Fangnan
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