In the fast paced world of tech things change rapidly and there is no better proof of that than the buyouts of once tech giants. First it was the buyout of Nokia handset division by Microsoft and now it seems the other mobile giant from days of yore BlackBerry has just gone the same route. According to reports BlackBerry has just signed a letter of intent with Fairfax Financial to sell for $4.7 Billion USD.
According to a tweet by Bloomberg TV:
BREAKING: BlackBerry in letter of intent with group led by Fairfax Financial$BBRY
While sad news we all saw this coming from a mile away... I will report more details as they emerge.
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