Blackberry (formerly "Research In Motion")

[CityFarmer]

It may be a good news for existing shareholders...

BlackBerry to consider putting itself up for sale

TORONTO - Struggling smartphone maker BlackBerry will consider selling itself.

The Canadian company said today (Aug 12) its board has formed a special committee to explore “strategic alternatives” in hopes of boosting the adoption of its BlackBerry 10 smartphone.

The company said its options could include joint ventures, partnerships or other moves.

http://www.todayonline.com/tech/blackber...tself-sale

Following-up news report...

Blackberry’s desperate bid for survival may not bear fruit

TORONTO — BlackBerry’s decision to hang up the “For Sale” sign has met with muted reaction, with little indication there will be many potential buyers for a company which has fallen spectacularly after previously being a darling of the tech world.

BlackBerry said on Monday it is exploring strategic options, which could involve the company being sold, taken private or broken up.

The move comes after its newest range of smartphones, launched earlier this year, failed to catch the interest of buyers, especially in the key North American market.

According to figures released last week by the International Data Corporation, BlackBerry’s market share in the United States is less than 3 per cent, down from almost 50 per cent in 2009.

http://www.todayonline.com/business/blac...bear-fruit