BlackBerry might eventually consider either to spin off its BlackBerry Messenger or sell it, John Chen CEO of Blackberry told Bloomberg TV at the MWC (Mobile World Congress) at Barcelona. However, he also added that this will only be considered when it is a formidable competitor that can fetch $19 billion. He told Bloomberg TV:
“Running a public company, anything to help our shareholders I need to take a very serious look at. Today I think we need to build up that base and build up the innovation model. The potential is going to be huge. Until we get to the point that we can showcase that potential it is a bit too early to think about getting our $19 billion.”
These comments from Chen in BlackBerry’s popular BBM instant messaging service and the recent deal of Facebook for buying WhatsApp messaging service for $19 billion has resulted in increase in stock price of BlackBerry.
BlackBerry also announced a new version of BBM Messenger with focus on security conscious customers.
With the price Facebook paid for WhatsApp acquisition, BBM Messenger has been valued at $3.6 billion. The WhatsApp deal might have come as revelation to BlackBerry itself which has struggled and seen its marginalized in the smartphone era.