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Thorsten Heins, CEO of BlackBerry, in New York in January. (Photo: Mark Lennihan, AP)
Thorsten Heins, CEO of BlackBerry, in New York in January. (Photo: Mark Lennihan, AP)

Tech stocks: BlackBerry jumps on new buyout talk

October 08, 2013

Shares of smartphone maker BlackBerry have surged 4.5% in early morning trading off a report of new suitors exploring a bid for the struggling company.

According to Reuters, BlackBerry is in talks with Cisco, Google and SAP on a potential deal to either sell the company or parts of its business. The report does not confirm which of the three companies will make a bid for BlackBerry.

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Tags: smartphone, blackberry, reuters, Google
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