Logic Board is a recurring column that examines the biggest news stories and controversies in the technology industry with a rational, logical eye.
Earlier this week, BlackBerry announced that it had accepted a conditional buyout offer from Toronto-based Fairfax Financial, valuing the company at $4.7 billion and effectively putting an end to one of the longest and hardest falls any tech company has ever taken.
I’ve seen a number of different sentiments expressed over this news. Those in the tech industry are none too surprised that BlackBerry as we once knew it is going away. Some users are disappointed at the news that BlackBerry will retreat from the consumer market, instead choosing to focus on the only markets it has left: enterprise and government. Others are curious what value Fairfax Chief Executive Prem Watsa sees in BlackBerry, which reported an operating loss of nearly $1 billion in the last quarter Continue reading