I don't see why Blackberry cannot be sold to a Chinese company.
Unless the Canadian govt + the US govt are willing to pay billions to keep Blackberry afloat, then let it be sold and start using iOS / Android... they already do at some levels.
You can't (even though *they* do), prevent the sale of a company just because 5 or 6 heads of state (plus their minions) use a Blackberry, if that's the case, give Obama & co a OS7 device, allow BB10 to grow with Lenova or whoever else wants a shot.
I know it's not as simple as the above but, its seriously becoming a joke.
I don't see why Blackberry cannot be sold to a Chinese company.
Unless the Canadian govt + the US govt are willing to pay billions to keep Blackberry afloat, then let it be sold and start using iOS / Android... they already do at some levels.
You can't (even though *they* do), prevent the sale of a company just because 5 or 6 heads of state (plus their minions) use a Blackberry, if that's the case, give Obama & co a OS7 device, allow BB10 to grow with Lenova or whoever else wants a shot.
I know it's not as simple as the above but, its seriously becoming a joke.
This is exactly the problem, both governments are strongly opposed to BBRY being foreign owned, and Canadian gov't will block it; but at the same time they are phasing out its use except at the highest levels of confidentiality.
Harper should be insisting that all gov't agencies use BlackBerry phones if he wants to maintain BlackBerry as a Canadian company, because currently the Canadian gov't at all levels is contributing to the problem.
This is exactly the problem, both governments are strongly opposed to BBRY being foreign owned, and Canadian gov't will block it; but at the same time they are phasing out its use except at the highest levels of confidentiality.
I don't know that they're opposed to it being foreign owned per se. However the a company that is under a government who's openly practiced cyber warfare against half the world is a whole different story.
I don't know that they're opposed to it being foreign owned per se. However the a company that is under a government who's openly practiced cyber warfare against half the world is a whole different story.
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Which country is that because most governments are into cyber warfare.
Which country is that because most governments are into cyber warfare.
Most governments practice cyber security, not so much warfare. But that's neither here nor there. The point is, the viewpoint is based upon who's an ally and who's practicing being the aggressor. Even if every government were equal in the practice, the last thing you do is hand cryptography to a country that is openly hostile to you and your allies' security measures.
If the Canadian government wouldn't let BlackBerry sell to Lenovo due to the Chinese issue, why would they let the Huewei deal go through? The US government told Sprint to remove all Huewei stuff from their network or lose government contracts.
That said BlackBerry should threaten it and send a letter to all share holders telling them they can't sell due to National security and they should demand that their representatives in both Canada and US government that if you don't want us to sell then make us the exclusive smartphone device and MDM solution in all your government agencies.
No chance of this happening due to the number of Western governments that look at Huawei with a good deal of skepticism because of their ties to the Chinese government.
The US government won't even allow Huawei hardware on their networks, and for a company that prides itself on security to sell to a company that highly secure organisations WON'T deal with? It's hot air by some rumour monger throwing out names at a dartboard.
I don't know that they're opposed to it being foreign owned per se. However the a company that is under a government who's openly practiced cyber warfare against half the world is a whole different story.
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For the US (and many other US allies), BlackBerry is already foreign owned, eg Canada.
There is already a cyber-security-alliance between US, Canada, UK, Australia, New Zealand.
So which of those five countries has an existing company that would want to purchase BlackBerry?
As an investor, I've been consistent in not supporting any purchase when Blackberry is at the it's lowest ebb. Unfortunately, this distressed state attracts bottom feeders and normally uninterested parties, even if its only for the free publicity. Typically this at the expense of Blackberry's already impaired market perception. Given that Blackberry has completed it's product set revamp, much of the expense for this activity is now sunk, making Blackberry an even more lucrative proposition.
I suspect we'll see more M&A interest in Blackberry from windfall seeking red-meat capitalists.
Unless the Canadian govt + the US govt are willing to pay billions to keep Blackberry afloat, then let it be sold and start using iOS / Android... they already do at some levels.
At that point, it ceases to be a Blackberry, and there would be no reason for anyone to buy one. I like the fact that I have a BlackBerry; it is not an iPhone, or an Android. If BlackBerry becomes a "non-BlackBerry", then I shall just seek out the best Android, to fit my needs. I have a (probably psychopathic) aversion to iPhone.
