BlackBerry Board of Directors Announces Exploration of Strategic Alternatives


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BlackBerry Limited (NASDAQ:BBRY) (TSX:BB), a world leader in the mobile communications market, today announced that the Company’s Board of Directors has formed a Special Committee to explore strategic alternatives to enhance value and increase scale in order to accelerate BlackBerry 10 deployment. These alternatives could include, among others, possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions.

The Special Committee of the Board is comprised of Barbara Stymiest, Thorsten Heins, Richard Lynch and Bert Nordberg, and will be chaired by Timothy Dattels.

Read on for the full BlackBerry Press Release

About Donny Halliwell

Donny is a Senior Product Marketing Manager at BlackBerry and Former Editor-in-Chief for the Inside BlackBerry blogs. There's no disputing, #TeamBlackBerry is awesome. I'm pumped to have the opportunity to talk with you and bring you the latest and greatest from Inside BlackBerry every day. In my spare time, I can be found helping entrepreneurs and startup companies grow their business. I spend the rest, obsessing over the auto industry, or enjoying music. Follow me on Twitter or Google+

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    I am a big fan of blackberry and according to figures the future of blackberry looks bleak,now as a business analyst I think the problem faced with blackberry plus many other businesses is holding back on things. For example when microsoft creates a software they give it their best shot which is why most people today still use windows xp which was designed in the 90’s, maybe if you give it your best shot and make phones that are practical and strong you could survive or switching to android os and keeping BIS + bbm could be the way of the future.

    Yours faithfully

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    It will be sad if Blackberry were to lose its identity through sale or partnership or takeover bid.

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