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

FRANKFURT Sat Oct 26, 2013 6:58am EDT

Werner Brandt attends the company's balance sheet news conference in Frankfurt January 25, 2012. REUTERS/Lmar Niazman

Werner Brandt attends the company's balance sheet news conference in Frankfurt January 25, 2012.

Credit: Reuters/Lmar Niazman

Related Topics

FRANKFURT (Reuters) - German business software group SAP is not interested in bidding for troubled smart phone maker Blackberry, 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 iPhone and devices using Google Inc's Android operating system.

There seems to be no shortage of interest in Blackberry. SAP, along with Cisco Systems Inc 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 last month unveiled a tentative offer of $9 a share.

Former Apple Inc boss John Sculley and Chinese computer maker Lenovo have also been reported as interested in a deal for Blackberry.

(Reporting by Victoria Bryan; Editing by Catherine Evans)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see
Comments (1)
German Chancellor Angela Merkel trusts her BlackBerry security for serious electronic conversations that cannot be intercepted by the NSA and uses another cell brand for casual calls. That says a lot about the Canada’s BB which should never be sold foreign interests like SAP or even an American.

Oct 27, 2013 2:01pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.