WASHINGTON — BlackBerry, once a smartphones giant, is now accelerating their plans to sell the company later this year.
Reuters reported that BlackBerry, which has been struggling for months, is expediting their sale to take advantage of competitor’s desire to obtain as much cell phone production as possible.
The board of the Canadian company is hoping to have a fast auction that means the company could have a new owner by this November. It put itself up for sale this past August and is pressing for a quick sale process.
Nokia’s cell phone division was recently bought out by Microsoft, and Sony has launched its own smartphone line to compete with the likes of Apple and Samsung.