BlackBerry founder mulls a second run

by Sal McCloskey October 10, 2013, 3:10 PM 1.7k Views

Mike Lazaridis built BlackBerry when it was RIM. He co-helmed it for a while. Now, he’s considering starting over by buying much of it back and trying to save it.

BlackBerry founder and former co-CEO Mike Lazaridis is considering another run with his old company.

Lazaridis increased his stake in BlackBerry to 8 percent and has engaged Goldman Sachs and Centerview Partners to review a possible acquisition, according to a Thursday filing with the Securities and Exchange Commission.

Lazaridis is considering a bid as concerns mount over FairFax Financial’s ability to line up backers for its proposed deal to take the company private. BlackBerry, meanwhile, is weighing a breakup as its smartphone business continues to deteriorate.

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Written by Sal McCloskey

Sal McCloskey is a tech blogger in Los Angeles who (sadly) falls into the stereotype associated with nerds. Yes, he's a Star Trek fan and writes about it on Uberly. His glasses are thick and his allergies are thicker. Despite all that, he's (somehow) married to a beautiful woman and has 4 kids. Find him on Twitter or Facebook,