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Veritas Capital bids for BlackBerry takeover; deal under strategic review

Shortpedia

Content Team
Image Credit: reuters

Private equity company Veritas Capital has submitted a takeover bid for Canadian technology company BlackBerryy Ltd, which is currently undergoing a strategic review. BlackBerry is also in discussions with other potential buyers, though details of the offers have not been disclosed. The company, once known for its popular smartphones, now focuses on software for cybersecurity and cars, operating two main businesses in these sectors.