The Samsung-BlackBerry deal proves to be a myth

Jan 20, 2015 09:51 GMT  ·  By

Last week a report came in saying that Korean tech giant, Samsung had plans to acquire failing Canadian company, BlackBerry.

We were told that the officials had already met in secret to discuss the acquisition. The news wasn’t such a huge shock especially since we had seen two similar takeovers a while back. We’re talking about the Microsoft-Nokia deal and the Lenovo-Motorola one, of course.

Anyway, a few hours after the initial report, BlackBerry came out and denied the rumors, but not all of us believed their statement. After all, the Canadian business handset maker could have been looking to keep things a secret until they had something solid.

Well this week, while talking to the Wall Street Journal, Samsung’s Co-Chief Executive explained that they have no plans of purchasing the Canadian handset maker. What they really want to do is further expand their partnership with BlackBerry.

Samsung still loves BlackBerry

According to J.K Shin, the two companies are indeed talking, but the scope is a different one than the media’s suppositions. For starters, Samsung is looking into the possibility of using BlackBerry technology on their devices.

Given the fact that Samsung has spent years developing its own security platform for the enterprise market called Knox, it makes no sense for the Koreans to go after BlackBerry.

The tech giant has heavily invested in Knox, but the problem is the service has yet to attract any prominent clients to the rooster. That’s where Samsung hopes BlackBerry’s touch will be of use.

Back in November, the two companies signed an agreement which allows each company to sell the other’s mobile-security technology.

Sammy has also been rumored to be craving BlackBerry’s chunky patent portfolio, which is said to be one of the biggest you can find out there with more than 44,000 entries.