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BlackBerry confirms it is looking to sell the company

August 12, 2013 by Kelly Hodgkins - 1 Comment

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Blackberry announced on Monday that is ready to explore options to keep the company afloat. In a press release, BlackBerry confirmed that it will “explore strategic alternatives to enhance value and increase scale in order to accelerate BlackBerry 10 deployment.” BlackBerry is open to a joint venture, strategic partnership or an outright a sale of the company.

The Board of Directors is being proactive and forming a committee to explore these options.  In response to this announcement, trading of BlackBerry stock was stopped on the Nasdaq.

[Via Ars Technica]

 

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