SAP, the German business software giant, had said it is not interested in making an offer for beleaguered smart phone manufacturer BlackBerry. This was confirmed by its Chief Financial Officer through an interview with a German magazine.
According to CFO Werner Brandt, "BlackBerry doesn't fit with our strategy." He made the remarks during an interview wth Euro am Sonntag. He added SAP already offers mobile solutions and it does not need to fill any more gaps in its portfolio.
The Canada based Blackberry had once dominated the smartphone market but now has been up for sale after their market share was eaten away by the combined might of the Apple iPhone and those devices which utilize Google's Android operating system.
According to sources with knowledge of the transactions with BlackBerry, there has been a number of reportedly interested parties in the company, such as Cisco Systems Inc and Google. Google was said to be in talks of either a partial or full acquisition. Other bidders include its co-founders, former Apple boss John Sculley, Lenovo and a Fairfax Financial led consortium, who had made a firm bid of USD9.00 per share.
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