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John Sculley is exploring a bid to takeover BlackBerry

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Thursday, 24 October 2013

John Sculley is exploring a bid to takeover BlackBerry

John Sculley is exploring a bid to takeover BlackBerry

John Sculley, the former Apple CEO who oversaw Steve Jobs’ expulsion from the company, is exploring a bid to takeover BlackBerry, according to reports from The Globe and Mail.

The Canadian paper was informed of Sculley’s interest by unnamed sources, but Sculley himself refused to talk, noting only that he was “a long-time BlackBerry fan and user.”
“The only thing I would say is, I think there’s a lot of future value in Blackberry,” Sculley told the paper, “but without experienced people who have run this type of business, and without a strategic plan, it would be really challenging.

“Whoever buys it would have to have a strategic plan that was credible and could succeed, and they would want to have an experienced team that would be able to implement that plan.”

The Canadian phone-maker once dominated the mobile market but failed to anticipate the rise of Apple’s iPhone and Google’s Android operating system.

BlackBerry agreed to a $4.7 billion (£2.91bn) sale to the Fairfax Financial holding company in September this year, with Fairfax announcing its intent to take the company private. However, the company remains open to other offers until 4 Novemeber and many commentators believe that it still has a lot of value, including its portfolio of patents (valued at between $2bn and $3bn). The company is continuing to develop its handsets, recently rolling out the latest update to its BlackBerry 10 operating system, and celebrating 10 million downloads of its messaging application, BBM messenger, within 24 hours of release.

Via - independent.co.uk

Labels: Blackberry, Technology News, TheMobile News, Top news

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