SAP to pass on BlackBerry acquisition

BlackBerry logo on F1 car

It appears that there is now less less BlackBerry suitor. SAP’s name had first come up in an earlier report but SAP Chief Financial Officer Werner Brandt has now told Euro am Sonntag that his company will not try make a play for BlackBerry.

“Blackberry doesn’t fit with our strategy,” he explained as SAP already offers mobile solutions. The enterprise software maker looked at what gaps BlackBerry software might fill in its own portfolio and apparently found none.

As we near BlackBerry’s self-imposed early November sale deadline, a number of other parties continue to circle the beleaguered company. Among them are reportedly Google and Cisco, Lenovo, RIM co-founders Mike Lazaridis and Doug Fregin, former Apple CEO John Sculley. BlackBerry also has a signed letter of intent with Fairfax Financial Holdings for a potential US$4.7 billion deal to take the company private.

The next few weeks could be very interesting for BlackBerry.

Source : Reuters