Here are the companies that invested money in BlackBerry alongside Fairfax

BlackBerry

Fairfax Financial Holdings’ offer to acquire BlackBerry failed to materialize. The Canadian company has instead raised an addition $1 billion in a round where Fairfax was just one of the investors.

Up until this point we didn’t know who else chipped in to save BlackBerry. Now, thanks to a filing with the U.S. Securities and Exchange Commission we have the complete list:

  • Fairfax Financial Holdings Limited: $250,000,000
  • Mackenzie Financial Corporation: $200,000,000
  • Canso Investment Counsel Ltd.: $300,000,000
  • Markel Corporation: $100,000,000
  • Brookfield Asset Management Inc.: $50,000,000
  • Qatar Holding LLC: $100,000,000

BlackBerry will be using this fresh cash to keep pursuing its enterprise business. The company is expected to launch four smartphones next year, two entry-level and two premium devices; as well as support and expand BBM across platforms…

[Via: Globe and Mail]

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