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This article was published on September 21, 2013

BlackBerry could be saved by co-founder and former co-CEO


BlackBerry could be saved by co-founder and former co-CEO

BlackBerry CEO Addresses Company's DevCon Gathering Here’s a strange one from the alternative reality that struggling phone-maker BlackBerry seems to exist in today. Co-founder Mike Lazaridis, who stepped down from his co-CEO role last year, is said to have approached private equity firms about bidding for the up-for-sale Canadian company.

That’s according to a report from the New York Times, which says the talks were preliminary and therefore there’s no guarantee Lazaridis — who has a 5.7 percent stake — will make an offer.

Huawei, Lenovo and various private equity firms have been linked with bids, but nothing has been confirmed in public.

Related: BlackBerry cutting 4,500 jobs as its Q2 2014 revenues became 50 percent less than analysts expected

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➤ BlackBerry Co-Founder Is Said to Consider Bid for Company [New York Times]

Image via Justin Sullivan/Gett Images

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