BlackBerry Investors Optimistic About Possible Acqusition Following Microsoft-Nokia Announcement

Just yesterday Microsoft announced it would acquire Nokia’s cellphone business, and we’re sure this left many wondering about the fate of BlackBerry. After all there had been talks in the past about BlackBerry possibly selling themselves to another company, or at least license out its BlackBerry operating system and its patents. While BlackBerry is reportedly exploring “strategic alternatives”, it seems that in the meantime BlackBerry’s share prices have gone up by 3.6% after Microsoft’s announcement of their acquisition of Nokia’s cellphone business.

We’re sure some are wondering what has that got to do with BlackBerry? Well apparently Microsoft’s acquisition has made investors pretty optimistic that BlackBerry might be able to enjoy a similar fate as well and will find a buyer, despite the company not doing too well at the moment. According to Fred Ketchen, the director of equity trading at ScotiaMcLeod, “I’m not sure if we’re sitting at the brink of some kind of a big announcement to come anytime real soon, but in this game you never know.” What do you guys think? Who do you think will most likely be purchasing BlackBerry?

Tyler Lee
Categories: Cellphones
Tags: BlackBerry