BlackBerry Admits It Could Use Help, Looks for a Buyer or Partner

Tech

After years of going it alone, BlackBerry is conceding that it might need a hand to have any chance at a comeback.

The company announced that it’s looking at “strategic alternatives” to get BlackBerry’s phones and services in the hands of more users. BlackBerry says it’s considering joint ventures or partnerships with other companies, or a sale of the company altogether. There have also been reports that BlackBerry could try to go private, but the company’s press release doesn’t specifically mention it.

Here’s Thorsten Heins, BlackBerry’s CEO, in a prepared statement:

As the Special Committee focuses on exploring alternatives, we will be continuing with our strategy of reducing cost, driving efficiency and accelerating the deployment of BES 10, as well as driving adoption of BlackBerry 10 smartphones, launching the multi-platform BBM social messaging service, and pursuing mobile computing opportunities by leveraging the secure and reliable BlackBerry Global Data Network.

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