Once the mobile world's pioneers, Nokia, Motorola and BlackBerry are now the industry's sorry laggards, searching for lost glory. Analysts hold out little hope for them as they struggle to get back in a game now lorded over by Samsung and ...
Tags: Consumer Electronics, Nokia, Blackberry, Motorola, Samsung, smatrphone
Mobile management vendors including Good Technology and MobileIron are increasing their efforts to pitch Android and iOS as alternatives to BlackBerry, thanks to improved security and management tools. On Monday, BlackBerry announced it ...
Tags: management, vendor, BlackBerry, Android, IOS
Foundering BlackBerry has given up for now on finding a buyer. Instead the smartphone company is seeking an infusion of cash from some investors, and shaking up its board and executive leadership. The company will also be getting a new ...
Tags: Computer Products, Blackberry
BlackBerry will change its CEO and accept a US$1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself. CEO ...
Tags: Blackberry, Computer Products
BlackBerry's appointment Monday of former Sybase CEO John Chen as its next executive board chair and interim CEO could be the best news in months for the struggling smartphone company. Chen is seen as someone who can give business ...
Tags: Blackberry, Computer Products, software
Fairfax Financial Holdings, the Canadian investment fund leading a takeover of smartphone maker BlackBerry, is to invest $250m in BlackBerry via a $1bn private placement of convertible debenture. The financing move marks the close of ...
BlackBerry's co-founders, Mike Lazaridis and Douglas Fregin, are considering weighing in with a counter-bid for the ailing smartphone maker, according to a financial filing made on Thursday. A bid by the pair would represent an ...
Tags: Computer Products, Blackberry, smartphone
Fairfax Financial Holdings has completed the acquisition of Bermuda-based specialty insurance company American Safety Insurance (ASI). Under the terms of the transaction, for each common share of American Safety its shareholders will ...
BlackBerry’s messenger app for Android and iPhone will not roll out this week as the company struggles to block an unreleased version of the Android app that affected its system. The smartphone maker said Saturday it had paused the ...
Tags: Blackberry, Android, iPhone
A consortium led by Canada’s Fairfax Financial Holdings has offered to acquire struggling smartphone maker BlackBerry. The proposed deal, which is supported by BlackBerry’s board of directors, values the company at US$4.7 ...
Tags: Blackberry, Electronics
Canadian smartphone maker BlackBerry has agreed to a US$4.7bn takeover bid from a consortium led by its biggest shareholder, Fairfax Financial. In a statement released today, the company has signed a letter of intent agreement under which ...
Tags: Blackberry, Consumer Electronics, smartphone
The sale of BlackBerry is in danger of descending into a dismemberment as the buyers that have so far indicated an interest in the company are only interested in purchasing parts of the smartphone maker. According to Reuters, interest in ...
Tags: Blackberry, Computer Products, smartphone
Fairfax Financial Holdings has signed a merger agreement to enable Hartville Group of Canton, Ohio, to become a wholly-owned firm of Crum & Forster's US Fire Insurance, subject to customary conditions including regulatory approval. The ...
Tags: Fairfax, Hartville Group
MFX has signed a teaming agreement with Prevail Consulting to offer the Prevail Reinsurance System to its customers. The solution will be provided as part of MFX's Integrated Insurance Platform, which is a comprehensive, on-demand, ...
Tags: MFX, Prevail Reinsurance System
Fairfax Financial Holdings has completed sale of its stake in Florida-based insurance firm Cunningham Lindsey for proceeds of nearly $270m. The acquisition follows an agreement signed between Luxembourg-based CVC Capital Partners and ...
Tags: Fairfax Financial Holdings, Cunningham Lindsey, insurance, stake