Microsoft, Xiaomi, Lenovo, Huawei in run to buy BlackBerry


As per the latest reports from market watchdog Digitimes, a number of leading tech giants are eyeing to acquire Canadian handset manufacturer BlackBerry. BlackBerry, since a couple of years was having troubles in the market, however, it showed profitability for the period from December 2014 to February 2015, prior to its latest corporate restructuring.

The anticipated potential investors in the run to take over BlackBerry are Microsoft, Xiaomi, Lenovo, Huawei and a plethora of Chinese handset vendors.

Software behemoth Microsoft has allegedly requested investment firms consider possibilities of getting BlackBerry, since the Canada-centered firm has interests in business mobile segment which Microsoft is looking forward to. BlackBerry also bags plenty patents in the Internet of Vehicles (IoV) portfolio, mobile platform and communication sectors.

Besides this, Microsoft is eager to take over BlackBerry due to the fact that BlackBerry has transferred its business focus from software developing to hardware manufacturing.

On the other hand, Chinese handset vendors are looking forward to grab BlackBerry so that they can intrude US and European lucrative business markets along with building up on BlackBerry’s patent portfolios. However, speculations suggest that for Chinese vendors, it will be tough fight to jump over the scrutiny of regulatory agencies located in the US and Europe. The implications of national security concerns are also a big issue for foreign companies who wish to take their businesses to American and European lands.