Knox Stories January 14, 2015

Samsung rumored to be making a ~$7.5B offer to buy BlackBerry…for its patents

Update: BlackBerry is denying the story:

BlackBerry Limited (NASDAQ:BBRY)(TSX:BB) (“BlackBerry”) is aware of certain press reports published today with respect to a possible offer by Samsung to purchase BlackBerry. BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry. BlackBerry’s policy is not to comment on rumors or speculation, and accordingly it does not intend to comment further.

Samsung approached BlackBerry regarding a possible takeover of the company for as high as $7.5 billion, according to a report from Reuters (via CNBC)BlackBerry stock has jumped 16% following the report.

Blackberry stock skyrocketed Wednesday afternoon after a report that the device maker had been approached by Samsung about a potential takeover… At its high, Blackberry was up more than 21 percent… South Korea’s Samsung proposed an initial price range of $13.35 to $15.49 per share, which represents a premium of 38 percent to 60 percent over BlackBerry’s current trading price, the source said.

The report says executives from Samsung and BlackBerry met last week regarding the possible takeover, but both companies declined to offer a statement to Reuters for the story. The buy would be mostly for access to the patent treasure trove according to the GlobeandMail. 

Smartphone company Samsung Electronics Co. Ltd. has recently approached BlackBerry Ltd to buy the company for as much as $7.5-billion, looking to gain access to its patent portfolio, according to a person familiar with the matter and documents seen by Reuters. South Korea’s Samsung proposed an initial price range of $13.35 to $15.49 per share, which represents a premium of 38 per-cent to 60 per-cent over BlackBerry’s current trading price, the source said.

Recently Samsung announced a partnership with BlackBerry in an attempt to push its Knox security services and mobile devices to enterprise customers, and it’s likely Samsung would be after BlackBerry’s patents and presence in the enterprise. The companies announced in November that the partnership would include bringing BlackBerry’s BES12 platform to Samsung Galaxy devices equipped with Knox. 

BlackBerry currently develops its enterprise platforms and BBM messaging services for both iOS and Android, but what an acquisition might mean for support on non-Samsung devices remains to be seen.

Knox Stories May 17, 2013

Update: Apple provided the following comment to AllThingsD on the approval:

“With iPhone and iPad being tested or deployed in almost every Fortune 500 company, Apple continues to scale across enterprise with nearly 30,000 companies globally developing and distributing iOS apps for corporate use by their employees,” Apple spokeswoman Trudy Muller told AllThingsD. “The FIPS 140-2 certification and STIG approval demonstrate our ongoing commitment to deliver a secure platform to our enterprise and government customers around the world who deploy iOS devices on their networks.”

Following reports earlier this month that the Defense Department was in the process of approving iOS 6 for nonclassified communications and widespread use by government agencies, Bloomberg reports today that Apple has officially been granted approval for use on U.S. military networks.

The Pentagon already approved Samsung devices powered by the company’s Knox security software and BB10 ahead of today’s approval of iOS 6.

In February the US Defense Department confirmed plans to open its networks to 100,000 new devices from Apple and Google by February of next year. At that time the Pentagon said its networks had about 470,000 BlackBerrys, 41,000 Apple products, and 8,700 Android devices.

A number of U.S. agencies switched from BlackBerry to iPhones over the last year, while earlier reports indicate Samsung is attempting to attract more government and corporate customers with a new team of security experts and former RIM employees as well as a water and dust proof variant of its flagship S4 dubbed the Galaxy S4 Active. Today’s security approval will increase the number of agencies allowed to deploy iPhone and iPads on government networks for nonclassified communications.

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Knox Stories May 3, 2013

Pentagon approves Samsung Knox and BlackBerry 10 for government use ahead of iOS 6

From 9to5Google:

Earlier this week we told you that the Defense Department was nearing a decision on approving the three major mobile platforms through new security approvals that would allow widespread use of devices by government agencies and the DoD networks. While the department is yet to grant approval to Apple’s iOS 6 for for nonclassified communications by military agencies, today the Wall Street Journal provides an update noting that both Samsung’s Knox security software and BlackBerry 10 have now received the approvals ahead of Apple:

RIM announced late Thursday that the Department of Defense approved smartphones and tablets running on BlackBerry 10, the company’s new operating system, for use throughout DOD networks…Samsung devices outfitted with Knox, the company’s new security software offering, also received Pentagon approval Thursday, according to a DOD spokesman. Apple’s approval is still expected in the “next few weeks,” according to the spokesman.

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