Here’s Why BlackBerry Lunched with Facebook Last Week
Reports of another BlackBerry (NASDAQ:BBRY) bidder may be on the table: Sources told The Wall Street Journal that executives from the Canadian smartphone maker flew to California last week to meet with Facebook (NASDAQ:FB).
According to the Journal, BlackBerry met with Facebook at its headquarters in Palo Alto, California, to determine whether the social network had any interest in a potential bid for the struggling smartphone company. BlackBerry put itself up for sale in August and has now collected a handful of potential buyers — the smartphone maker has shown a significant interest in the Facebook prospect, and many speculate that a Facebook-BlackBerry partnership could facilitate a future Facebook device.
Rumors of a Facebook smartphone have long circulated, considering the company already depends on its mobile users so significantly, but CEO Mark Zuckerberg has to refuted any claims of his company building its own phone. Up until now, Facebook has relied on products from Apple (NASDAQ:AAPL) and Samsung Electronics (SSNLF.PK) to further its mobile cause, and the CEO maintains his future plans to do so, even though rumors highlight otherwise.
It remains unclear if Facebook is interested in a BlackBerry bid, but the smartphone maker’s other suitor, Fairfax Financial Holdings, may make Zuckerberg’s decision for him if the company decides to officially sign off on its own deal next week.