“Former Apple Inc Chief Executive John Sculley is exploring a joint bid for smartphone maker BlackBerry Ltd with Canadian partners, the Globe and Mail reported on Wednesday, citing unnamed sources,” Jeffrey Hodgson reports for Bloomberg.
“The report said Sculley declined to comment on the matter, but told the Canadian newspaper that he has been a long-time BlackBerry fan and user,” Hodgson reports. “BlackBerry, based in Waterloo, Ontario, once dominated the smartphone market but put itself up for sale after being overtake by Apple’s iPhone… ‘The only thing I would say is, I think there’s a lot of future value in Blackberry,’ Sculley told the newspaper. ‘But without experienced people who have run this type of business, and without a strategic plan, it would be really challenging.'”
Hodgson reports, “BlackBerry is also in talks with Cisco Systems Inc, Google and SAP about selling them all or parts of itself, several sources close to the matter had told Reuters. BlackBerry co-founders Mike Lazaridis and Douglas Fregin are also considering a bid, a securities filing showed earlier this month.”
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