Monday, 23 September 2013

Blackberry agrees to $4.7 billion buyout with Fairfax consortium, BBM global roll ... - Daily News & Analysis

Instant messaging service, BBM will finally be up for download on the Android and iPhone markets. It will be available for free on Google Play Store and Apple Store.

BBM will be available for Android smart phones running Ice Cream Sandwich and Jelly Bean beginning at 4.30pm on September 21. BBM for iPhones running iOS 6 and iOS 7 will become available for each market on the App Store schedule of 12:01am local time on September 22. 

A lot of fake apps are currently on Google Play Store fooling thousands of consumers. One such app was called 'Blackberry Messenger BBM" and was downloaded by over 100,000 users until it was removed from the store. However, the official BBM app is only available in New Zealand for iPhone customers. Global roll out is underway. The official Android version will show up here when it is released.

Initially, when Blackberry made the announcement of making BBM available to all, a lot of users and non-users reacted to the big move with mixed opinions.

BBM has more than 60 million monthly active customers on BlackBerry alone and this figure is expected to multiply with the popular messaging app becoming available on the two most popular mobile platforms. 

Sunil Lalvani, the company's India managing director, spoke on how BBM will be more secure than any other instant messenger tools and how this will help the company on its way forward.

Another way to keep yourself updated and get the official link is here.

Latest:

* The company said in a statement that it has "signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence."

* In another big development, It has just been announced that Toronto-based Fairfax Financial Holdings has agreed to acquire BlackBerry in a deal worth $4.7 billion. The deal is not a cemented one and Fairfax can walk away from it any time they want. Fairfax currently owns approximately 10% of Blackberry common shares. A firm deal is expected to be announced on November 4. This news raises a lot of questions to the stagnated BBM roll out. Looks like BBM will take the back seat for a while now.

* The weekend has been very long for Blackberry. With delays and an eventual stall in the roll out of the much awaited BBM on Android and Apple, Blackberry is facing the heat. Lately, nothing seems to be going their way. Last week they made an announcement about laying off 40% of their employees globally. They also reported losses of nearly $1 billion in the three months to August. The weekend didn't seem to do any favours either. With no announcement of when and if the roll out will commence and the official finance reports due to be released this Friday, Blackberry sure has rough days ahead.

* Blackberry made another announcement moments ago stating that the team is working non-stop. No updates on the commencement of roll out was mentioned. All one can do is wait.

* According to the latest reports, BBM has discontinued all roll out operations even for iPhone users. Unexpected issues with respect to the unreleased BBM for Android was stated as the reason to stall the roll out. Blackberry's official blog confirms that an unreleased version of the app for BBM was posted online. The app caused issues due to which the roll out had to be abandoned to address the issue. Blackberry asserts that their team is working round the clock to fix it. They also confirmed that the roll out will be staggered.

* BBM for iPhone is now available on the App Store for UAE.

* Indian iPhone users get BBM at the stipulated time. Android users still stay disappointed. 

* Quitely slamming the fake apps and confirming that the wait is not over yet.

* Australia gets BBM on their iPhones. Android roll out hasn't even started yet.

* Could be a while before BBM is rolled out for Android and Apple users in India. Looks like we have some waiting to do.

* It's already been an hour and a half, and there is no information on the possible reason for delay of the release of BBM for Android. The official twitter account tweeted the following.

* BBM just announced its release for iPhone users in New Zealand. Download here.



via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEVrlb_0WVx2ci3oXW7uhm3Bd3s-w&url=http://www.dnaindia.com/scitech/1892011/report-blackberry-agrees-to-be-acquired-for-4-7-billion-by-fairfax-bbm-global-roll-out-still-suspended

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