While a handful of potential buyers or bidders, including private equity firms, are lining up to acquire the Canadian Smartphone market company – BlackBerry Ltd., one of the technical analysts said that BlackBerry’s possession of the network that is intact from being hacked by the U.S. National Security Agency, which is one of the biggest benefits organizations or buyers planning to purchase BlackBerry can leverage from. The analyst also expects the enterprise IT services portion of the once might company will attract some of the tech giants like IBM, Cisco and Microsoft!
Peter Misek, from the U.S. investment banking firm, said that even though reports saying or claiming that the NSA (National Security Agency) is capable enough to bypass the security measures designed in order to protect data on the iPhones, BlackBerry and Android devices. However, his company is convinced that the security agency has been failed to breach or crack the custom cryptography of BlackBerry devices. The company firmly believes that it is the NSA-proof, in a recent program on CBC.
Okay, but what about the buyers as they keep changing every now and then?
Well, there has been a lot of rumours spread around about the future of the BlackBerry, a Smartphone maker from Canada having a market share of 2.7% as the other devices like iPhone and Android have gained immense popularity and success in the market. The company is going through restructuring from the past 2 months, and recently announced another 60 layoffs at its headquarter in Waterloo.
The company is also facing a bad time in the share market as its shares closed at $10.43 on the Nasdaq on Thursday with a minor recovery from the Wednesday’s close, but it is down from its 52-week high of $18.32 in the January when the company has introduced its new series of Smartphones.
The company is courting potential buyers these days, and people are excited to know who will be the buyer. However, Peter Misek expects that BlackBerry will be sold off in different portions like BlackBerry messenger service, the enterprise IT services and the handset and OS (Operating System) part of the business.
However, he strongly believes that Microsoft is a strong contender when it comes to buy a blackberry. He believes that many of the IT giants will bid to acquire this Canadian Smartphone maker company, such as IBM, Oracle and Cisco. Moreover, various other IT giants like Lenovo, ZTE and Samsung would be interested to bid for BackBerry’s handset and operating system.
The most interesting thing is that Canadian Pension Plan Investment Board and other local pension funds as well as government is not showing more interest to buy or bid for BlackBerry. This is quite disappointing, specifically when Canada doesn’t have any other technology company having such immense popularity across the world.
Do you think BlackBerry’s NSA Proof cryptography would help it get some potential buyers? Well, this will be secret till the time we get any strong reports about the acquirement of this Canadian Smartphone giant. What’s your take on this? Do you still think BlackBerry application development is worth investing? Share your views in the comments…!