sak karep

In this Jan 30 file photo, Thorsten Heins, CEO of Research in Motion, which changed its name to BlackBerry, is seen in Toronto on a video link from New York as he introduces the BlackBerry Z10. Fairfax Financial Holdings has offered to buy BlackBerry in a deal that values the Canadian smartphone company at about US$4.7 billion.

Embattled smartphone company BlackBerry Ltd plans to go private in a $4.7 billion deal being orchestrated by its largest shareholder.

Toronto BlackBerry has agreed to a $4.7 billion sale to a group led by its largest shareholder, Fairfax Financial Holdings Ltd., after new smartphones failed to turn the company around. BlackBerry Ltd. said Monday that a letter of intent has been signed and that its shareholders will receive $9 in cash for each share. The deal comes just days after the Canadian company announced plans to lay off ...

Washington: After signing a pact to sell its handset business to Microsoft, Finnish phone giant Nokia can neither license the 'Nokia' brand for neither use in connection with mobile device sales nor use the brand on its own mobile devices for a specific period.

FRISCO, Texas--(BUSINESS WIRE)--fring, whose mobile IP communications service was recently acquired by GENBAND, announced that French operator Bouygues Telecom has selected the GENBAND fring Over the Top service.

By ROB GILLIES

Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the on-the-go email pioneer to regroup away from public scrutiny after years of falling fortunes and slumping market share.