SLIDESHOW: Five Companies That Could Buy BlackBerry (BBRY)
The company is reportedly looking for a large, Google (NASDAQ: GOOG)-type company to take the helm through a massive buyout. If all goes as planned, the deal would be similar to the one Motorola scored when Google acquired its electronics business.
The company, which is now under the control of former Google employee Marissa Mayer, also spent $1.1 billion to acquire Tumblr.
Yahoo wants to be a leader in mobile, so it is not a stretch to think that it may get there by acquiring the former leader of the smartphone industry. Who better than two underdogs to take on the likes of Apple (NASDAQ: AAPL) and Samsung (OTC: SSNLF)?
Right now, this would be counterproductive to Yahoo's overall strategy. The company may be interested in acquiring talent to further its business plan, but it is also interested in using Android and iOS to bolster its own success.
That's not the only thing that could keep Yahoo from buying BlackBerry. Cash is another issue.
With only $2.6 billion on hand, Yahoo might have to borrow a few billion to pay for BlackBerry, which (as of this writing) has a market cap of around $6 billion.
If not Yahoo, who might be interested in acquiring BlackBerry? Click through the slideshow to find out.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at 248-636-1322 or louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Market Cap: $134.2 billion
Total Cash: $7.4 billion
Amazon (NASDAQ: AMZN) is unlikely to spend most of its cash in one place.
Even so, BlackBerry (NASDAQ: BBRY) could provide the firm with something it needs: smartphone development talent.
It's no secret that Amazon wants to build its own smartphone. But can it do it alone?
BlackBerry could help Amazon turn the tide and build a superior device.
There is one thing holding the company back though. Aside from the purchase of Liquavista (a company that develops display tech for e-readers), Amazon has not spent much money on acquisitions this year.
Market Cap: $52.9 billion
Total Cash: $13.2 billion
In addition to getting back into the tablet biz, Hewlett-Packard is expected to launch an iPhone competitor later this year.
The company has not made a major acquisition in nearly two years. But when it buys a firm, it usually spends a ton of money.
Autonomy cost $11 billion. Vertica Systems went for $350 million. ArcSight sold for $1.5 billion.
Hewlett-Packard also paid $1.2 billion for Palm and $25 billion for Compaq.
These are just a few of the expensive acquisitions that HP has made over the last 12 years.
If the company is serious about the smartphone industry, BlackBerry (NASDAQ: BBRY) could be the next.
Market Cap: $24.1 billion
Total Cash: $10.9 billion
Over the past few years, Dell has spent $2.4 billion on Quest, $3.9 billion for Perot Systems and $700 million for Force10.
BlackBerry (NASDAQ: BBRY) would be a bit more expensive than all of those firms, but with $10 billion on hand, that shouldn't stop Dell from making a move.
If anything, Dell's corporate problems could prevent the company from making any more acquisitions this year.
Market Cap: $10.2 billion
Total Cash: $3.5 billion
With only $3.5 billion in cash, Lenovo might have to borrow some money to buy BlackBerry at its current value. The long-term benefits could persuade Lenovo to buy it anyway.
After all, it only took eight years for the company to become HP's biggest threat. Just imagine what it could do after fighting Apple (NASDAQ: AAPL) for eight years.
Market Cap: $269.4 billion
Total Cash: $76.2 billion
Microsoft has been known to spend billions of dollars acquiring firms that could help its bottom line.
The Windows maker has also shown an interest in manufacturing, as evidenced by the release of Surface RT last fall.
Thus, Nokia may serve Microsoft better as a partner. BlackBerry, on the other hand, could give Microsoft a powerful brand to enhance future Windows Phone iterations.
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