Samsung is reportedly in talks to buy BlackBerry for upwards of $7.5 billion [UPDATE]
Sources out of Reuters are reporting that Samsung could be buying BlackBerry in a deal that could reach upwards of $7.5 billion. This would give Samsung access to BlackBerry’s vast patent portfolio and a name that at one time, was synonymous with “smartphone.”
Apparently execs from both manufacturers met last week (during CES) to discuss a possible buyout, with both sides declining to comment. The big question is exactly what Samsung would do with BlackBerry, which not only uses its own in-house OS, but recently launched the QWERTY keyboard “Classic” model.
Could this mean a Samsung Galaxy S BlackBerry Round Classic running Android 5.0 Lollipop is in our future? Only time will tell…
UPDATE: After their stock prices jumped as high as 30%, BlackBerry has issued a statement denying the report saying:
“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.”