Blackberry not a strategic fit for us - SAP CFO in magazine

FRANKFURT Sat Oct 26, 2013 6:24pm IST

Passers-by walk in front of a BlackBerry service centre in Jakarta September 25, 2013. REUTERS/Beawiharta/Files

Passers-by walk in front of a BlackBerry service centre in Jakarta September 25, 2013.

Credit: Reuters/Beawiharta/Files

Related Topics


Rajalakshmi (C), 28, smiles after winning the Miss Wheelchair India beauty pageant in Mumbai November 26, 2014. REUTERS/Danish Siddiqui

Miss Wheelchair India

Seven women from across India participated in the country's second wheelchair beauty pageant, which aims to open doors for the wheelchair-bound in modelling, film and television, according to organisers  Slideshow 

FRANKFURT (Reuters) - German business software group SAP (SAPG.DE) is not interested in bidding for troubled smart phone maker Blackberry (BB.TO), its chief financial officer told a German magazine.

"Blackberry doesn't fit with our strategy," Werner Brandt told Euro am Sonntag in an interview, adding that SAP already offers mobile solutions and did not need to fill any gaps there.

BlackBerry, based in Canada, once dominated the smartphone market but has put itself up for sale after being overtaken by Apple's (AAPL.O) iPhone and devices using Google Inc's (GOOG.O) Android operating system.

There seems to be no shortage of interest in Blackberry. SAP, along with Cisco Systems Inc (CSCO.O) and Google, was in talks about a full or partial acquisition, sources close to the matter had previously told Reuters.

Its co-founders are also considering a bid, and a group led by property and casualty insurer Fairfax (FFH.TO) last month unveiled a tentative offer of $9 a share.

Former Apple Inc boss John Sculley and Chinese computer maker Lenovo (0992.HK) have also been reported as interested in a deal for Blackberry. (Reporting by Victoria Bryan; Editing by Catherine Evans)


Online Grocery Shopping

Tech Showcase

Google in Europe

Google in Europe

Insight - Behind Google's Europe woes, American accents  Full Article 

Uber Lawsuit

Uber Lawsuit

Uber CEO must turn over emails in gratuity lawsuit, U.S. judge rules  Full Article 

Wikileaks Hacker

Wikileaks Hacker

Icelandic hacker says guilty of stealing money from Wikileaks  Full Article 

Motorola Case

Motorola Case

U.S. court rejects Motorola Mobility price-fixing appeal  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage