Tech Giants Microsoft, Lenovo, Xiaomi Looking Out To Buy Blackberry: Report

BlackBerry is once again being pinpointed as a target for acquisition after it managed to swing back to profitability in the fourth quarter of fiscal 2014 (December 2014-February 2015) following its recent corporate restructure, according to industry sources.

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According to Digitimes, the names that are being speculated as probable investors include Microsoft, Xiaomi, Lenovo, Huawei and other Chinese handset vendors.

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Microsoft reportedly has commissioned investment companies to evaluate the possibility of taking over BlackBerry, aiming to enhance its competitiveness in the business mobile solution segment as well as its patent portfolio in the Internet of Vehicles (IoV), mobile platform and communications sectors, the sources indicated.

Another reason why Microsoft is keen on purchasing BlackBerry is that the business focus of the former Canadian giant has shifted to software from hardware. BlackBerry's software products complement Microsoft's according to sources.

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Chinese handset vendors are interested in BlackBerry to get a hold on US and European business markets at the same time building up on BlackBerry's patent portfolios. But sources say that for Chinese vendors it will be an uphill task to pass the scrutiny of regulatory agencies in the US and Europe.