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Blackberry just announced on Friday that it will cut 4,500 jobs following a gruesome loss. And today news comes that Blackberry is getting a $4.7 billion buyout offer. Well, we saw this coming. It’s like its been the Blackberry suicide watch for the last year and a half. Although at this point, is there anything left worth buying ? I think not.
This sounds like deja-vu all over again. Like the sad saga of Palm and webOS. Acquired by HP for about $1.2 billion in 2010. HP then managed Palm straight into the ground and finally killed it off after the riotous failure of the HP TouchPad tablet that they firesaled at $99 a piece. Then, to add insult to… well their own insult and injury… threw webOS into open source, then finally sold webOS to LG.
HP might as well have just piled up a billion bucks on the front lawn and lit it on fire. Sounds like they are about to have company.
…Aaaaand, another one bites the dust-taaa…
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Blackberry finally craters
Blackberry just announced on Friday that it will cut 4,500 jobs following a gruesome loss. And today news comes that Blackberry is getting a $4.7 billion buyout offer. Well, we saw this coming. It’s like its been the Blackberry suicide watch for the last year and a half. Although at this point, is there anything left worth buying ? I think not.
This sounds like deja-vu all over again. Like the sad saga of Palm and webOS. Acquired by HP for about $1.2 billion in 2010. HP then managed Palm straight into the ground and finally killed it off after the riotous failure of the HP TouchPad tablet that they firesaled at $99 a piece. Then, to add insult to… well their own insult and injury… threw webOS into open source, then finally sold webOS to LG.
HP might as well have just piled up a billion bucks on the front lawn and lit it on fire. Sounds like they are about to have company.
…Aaaaand, another one bites the dust-taaa…
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Looking for an expert in Agile Coaching, developing & leading Agile transformations, Agile tools, DevOps strategy and Scrum ?
Send me, Ken Adams, a message on LinkedIn and let’s talk.
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