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BlackBerry Shares Jump as Lenovo CEO Mentions Possible Deal

22 points by skbohra123 14y ago

niggler 14y ago
I've always wondered if this type of speculation helps or hurts the chances of a deal (if the price runs before the offer is officially announced, then the suitor will need to pony up more cash)
manishsharan 14y ago
This may not be such a good idea from Blackberry's perspective. The Blackberry is used by all government officials , bankers and executives almost everywhere. Given the recent exposure of Chinese government's hacking attempts , it would be a terrible idea for Blackberry's servers to fall under the control of Chinese government . I am aware that Lenovo makes excellent products with a spotless record of respecting consumer privacy --- but I am not willing to give them the access to all communication between key officials and executives of the world as I firmly believe that the temptation would be too great for the Chinese officials to resist.
- barry-cotter 14y ago
  I am aware that Lenovo makes excellent products Not in China they don't. Buying Lenovo has left me with a valuable lesson in the power of branding; if it's not Samsung, Apple or Galaxy I am just not buying in future.
  - josh2600 14y ago
    If it's not Samsung, Apple or Samsung, you mean?
    - jychang 14y ago
      He probably meant Nexus, as in from Google. I've confused that before.
      - barry-cotter 14y ago
        Indeed, you are correct. I'll probably end up with a Note. My terrible, barely usable smartphone has me fully converted to the Church of the Phablet. And to the Sogou keyboard, which is superior to the stock Android keyboard. Why is the semicolon available in one click but not the apostrophe?
- 001sky 14y ago
  This may not be such a good idea from Blackberry's perspective. Valid point, but... From the Chinese gov't perspective...
eurleif 14y ago
>“could possibly make sense, but first I need to analyze the market and understand what exactly the importance of this company is.” That doesn't sound like it's being seriously considered to me.
barista 14y ago
We have seen this movie before. Remember when HP bought Palm/WebOS? The intentions look good on paper but for a hardware company, it is hard to try and create an ecosystem by throwing money at it. And Blackberry is to even a pure software company its a mix of hardware, software and services, which would make it harder. Lenovo has had good relationship with Microsoft, they should probably try and do what Nokia did.
- mattquiros 14y ago
  And then fail like Nokia did. I used to be positive about Windows Phone as a #3 mobile OS but I just don't see it happening anymore. I actually think BB now has a better chance at the mobile market, even just for BBM, and Firefox OS is getting a lot of support though we have yet to see it in the stores.
namank 14y ago
Just saw Thorsten Heins talk last week, no way is he gearing up for a sellout. But I'll leave this comment here as a reminder to self in case they do sell.
deleted 14y ago
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22 points by skbohra123 14y ago

I've always wondered if this type of speculation helps or hurts the chances of a deal (if the price runs before the offer is officially announced, then the suitor will need to pony up more cash)

manishsharan 14y ago

This may not be such a good idea from Blackberry's perspective. The Blackberry is used by all government officials , bankers and executives almost everywhere. Given the recent exposure of Chinese government's hacking attempts , it would be a terrible idea for Blackberry's servers to fall under the control of Chinese government . I am aware that Lenovo makes excellent products with a spotless record of respecting consumer privacy --- but I am not willing to give them the access to all communication between key officials and executives of the world as I firmly believe that the temptation would be too great for the Chinese officials to resist.

barry-cotter 14y ago
I am aware that Lenovo makes excellent products Not in China they don't. Buying Lenovo has left me with a valuable lesson in the power of branding; if it's not Samsung, Apple or Galaxy I am just not buying in future.
- josh2600 14y ago
  If it's not Samsung, Apple or Samsung, you mean?
  - jychang 14y ago
    He probably meant Nexus, as in from Google. I've confused that before.
    - barry-cotter 14y ago
      Indeed, you are correct. I'll probably end up with a Note. My terrible, barely usable smartphone has me fully converted to the Church of the Phablet. And to the Sogou keyboard, which is superior to the stock Android keyboard. Why is the semicolon available in one click but not the apostrophe?
001sky 14y ago
This may not be such a good idea from Blackberry's perspective. Valid point, but... From the Chinese gov't perspective...

eurleif 14y ago

>“could possibly make sense, but first I need to analyze the market and understand what exactly the importance of this company is.” That doesn't sound like it's being seriously considered to me.

barista 14y ago

We have seen this movie before. Remember when HP bought Palm/WebOS? The intentions look good on paper but for a hardware company, it is hard to try and create an ecosystem by throwing money at it. And Blackberry is to even a pure software company its a mix of hardware, software and services, which would make it harder. Lenovo has had good relationship with Microsoft, they should probably try and do what Nokia did.

mattquiros 14y ago
And then fail like Nokia did. I used to be positive about Windows Phone as a #3 mobile OS but I just don't see it happening anymore. I actually think BB now has a better chance at the mobile market, even just for BBM, and Firefox OS is getting a lot of support though we have yet to see it in the stores.

namank 14y ago

Just saw Thorsten Heins talk last week, no way is he gearing up for a sellout. But I'll leave this comment here as a reminder to self in case they do sell.

deleted 14y ago

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