Microsoft reportedly lining up bid for BlackBerry

Microsoft reportedly lining up bid for BlackBerry

The rumour mill has been sent into overdrive this week, with various online sources suggesting that technology giant Microsoft is weighing up a possible takeover move for Canadian smartphone manufacturer BlackBerry.

The company has already made great strides in the hardware market, snapping up Finnish giant Nokia.

BlackBerry, which before being taken over by current chief executive John Chen, never looked likely to move back into the smartphone market, could now be next.

While sales of smartphones have remained below par for BlackBerry, its ventures into software and mobile security have managed to strengthen the brand again, meaning a takeover is unlikely to be seen as an essential move.

However, it is BlackBerry's successful exploits in mobile software that is likely to be the main source of appeal to Microsoft, with Mobiletor reporting that it could be after the firm's portfolio of patented mobile security platforms.

According to another report from Malaysian Digest, Microsoft's bid could be worth as much as $7 billion (£4.57 billion).

However, the rumour mill has been quick to add that Microsoft is not the only party interested in taking on the firm, which despite the recent releases of the Classic and Passport models could undoubtedly do with a boost within the smartphone market.

Names mentioned have included Huawei, Lenovo and Xiaomi, all of which are upcoming players rather than long-established stalwarts of the smartphone market.

However, Microsoft, according to a report from Digitimes, still holds the upper hand when it comes to any potential takeover, mainly due the stringent scrutiny of regulatory authorisation in the US and Europe.

Whether the rumours are proven to be true remains to be seen.