Mobile phones

About two weeks ago, the news came that a consortium led by the Canadian financial company Fairfax Financial had offered $4.7 billion to buy BlackBerry Limited. The smartphone maker only signed a letter of intent that allows the company to deal with other possible buyers and there are rumors of other potential offers. However, the news came of a lawsuit filed by a shareholder that could further complicate the situation.

A consortium led by the Canadian financial holding company Fairfax Financial has offered $4.7 billion to buy BlackBerry Limited, the producer of the famous mobile phones. The company has signed a letter of intent with this consortium, so the contract is not yet closed but it’s its intention to proceed with the sale.

Nokia CEO Stephen Elop

A few hours ago it was announced that Microsoft will acquire the Nokia Devices & Services division, which is the one that manages the mobile business, for 3.79 billion Euros. The Redmond company will also pay 1.65 billion Euros for the license to use a number of Nokia patents for a total of 5.44 billion Euros (about $7.2 billion or £4.6 billion) which will be paid in cash.