Latest in Bid

Image credit:

Qualcomm could join BlackBerry founders in bid for beleaguered phone maker

Share
Tweet
Share
Save

Sponsored Links

As if the rumor mill wasn't crowded enough, The Wall Street Journal reports that mobile chipmaker Qualcomm could be joining RIM founders Mike Lazaridis and Doug Fregin in a bid to buy BlackBerry. Speculation of Qualcomm's involvement would be part of a bigger deal between RIM's founders and Cerberus Capital Management LP, that comes just days before the deadline for bids, set for Monday. The ever-informative sources close to the matter point out that even should the group create a partnership, they may not make a bid.

Interest in the company has been attributed to every one from former Apple CEO John Sculley, to tech giants like Google, Intel and Samsung. However, the only real bid known to be on the table thus far is the $4.7 billion offer Fairfax Financial put forth in late September. Qualcomm's massive presence in the mobile space makes for an interesting twist, but we should know more on Monday when BlackBerry's board will consider whatever offers it actually receives.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Fitbit is reportedly in the early stages of exploring a sale

Fitbit is reportedly in the early stages of exploring a sale

View
Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

View
Three Mile Island's infamous nuclear plant shuts down after 45 years

Three Mile Island's infamous nuclear plant shuts down after 45 years

View
Samsung asks users to be extra careful with the Galaxy Fold

Samsung asks users to be extra careful with the Galaxy Fold

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr