MasHD Blog

In this time of Tribulation , Blackberry's Hero device  failed to make a impression and lead to a loss of $1Billion  For the second time in as many trading days, shares of BlackBerry were halted in advance of some big news from the company. Today's news is no less big. BlackBerry has just announced that it's signed a letter of intent agreement for a sale of the company valued at $4.7 billion to a consortium led by Fairfax Financial (the company's largest shareholder). Pending due diligence that's expected to be completed by November 4th, the deal would see BlackBerry go private, with shareholders each receiving $9 per share in cash. In a statement, Fairfax Chairman and CEO Prem Watsa said, "we believe this transaction will open an exciting new private chapter for BlackBerry, its customers, carriers and employees," adding, "we can deliver immediate value to shareholders, while we continue the execution of a long-term strategy in a private company...

Blackberry‘s on-going story is anything but boring and uneventful as the company is revealed to be developing a new line of smartphones currently being called the Blackberry 10 C-series. This supposed mix between the company’s Z and Q series could very well be added to the company’s growing list of could have been, should have been, and has been. it is not that hard to get confused by Blackberry’s story, which in recent years has been one of a company desperately struggling to keep afloat both in finances and in relevance. The once king of the mobile hill, especially in enterprise circles, is now caught up in a battle against giants such as Apple, Samsung, and even newcomer Microsoft, who recently just announced its proposed purchase of Nokia’s mobile business. Just last week, Blackberry announced its latest high-end smartphone, the Blackberry Z30, running on the latest Blackberry 10.2 OS. The company is banking on its most advanced smartphone yet to help save it, which could have ...