Articles Comments

QR Code Press » Gadgets, Technology News » Samsung has had its eye on BlackBerry mobile technology, report

Samsung has had its eye on BlackBerry mobile technology, report

Share on Google+0Share on Facebook0Tweet about this on Twitter1Share on LinkedIn0Pin on Pinterest0Share on Reddit0Share on StumbleUpon0Share on TumblrDigg this

Although takeover rumors have been denied, outright, it does look as though there is some interest in the tech.

According to an email from a Samsung exec that was quoted by Bloomberg and that discussed a report that had initially been interpreted as a possible buyout of BlackBerry, had actually been a talk of a potential partnership that would allow the South Korean company to use mobile technology from the struggling Canadian handset maker.

This Bloomberg report suggests that Samsung may be seeking to use BlackBerry tech within its devices.

This recent report from Bloomberg follows closely on the heels of one that had been published by Reuters that had said that Samsung had been seeking to purchase BlackBerry for about $7.5 billion. It now looks as though it is not the company but is rather the mobile technology that is being sought. Shin Jong Kyung, the co-CEO of Samsung, was quoted by Bloomberg as saying in an email that “We want to work with BlackBerry and develop this partnership, not acquire the company.” He added that “BlackBerry is one of our important business-to-business strategic partners.”

Another mobile technology partnership has already been announced by the companies over security products.

BlackBerry mboile technology saleBoth of the companies had directly denied the takeover rumor that had spread, last week, but it didn’t stop analysts from looking into the various different ways in which the two companies could better work together or join as one.

Quite a few analysts released reports that were in favor of a Samsung takeover of BlackBerry, and that this particular purchase would make sense for the companies. They often explained that this move would make sense, as Samsung has been losing ground in the consumer smartphone market, and BlackBerry is continuing to hold onto assets with considerable value, such as a vast collection of patents and intellectual property, as well as significant reserves of cash.

The report issued by Bloomberg revealed a mobile technology partnership between the two companies that follows one that was made in mid 2014, which revealed that Apple and IBM would be dropping their former dramatic rivalry in favor of a potentially powerful alliance. Those two companies started working together to join their efforts in grabbing hold of a larger share of the enterprise market.

Written by

About Julie Campbell: Though her true passion is for writing her own fiction novel and holding fundraisers in support of the fight against cancer (as well as donating her hair to that cause in 2011), Julie has created both a name for herself and a successful business in the writing industry. For more than ten years, she has focused her career on capturing the latest technology news, which now includes a particular interest in QR codes and wearable technology.

Filed under: Gadgets, Technology News · Tags: , , , , , , , , ,


Leave a Reply


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>