Blackberry stock is up over 29% after Reuters reported Samsung was talking about buying the company for $US7.5 billion.
Samsung is reportedly interested in Blackberry’s patent portfolio.
According to Reuters, Samsung proposed paying $US13.35-$US15.19 per share. Blackberry was at $US9.66 before the news hit.
Executives from Samsung and Blackberry met last week to discuss a deal, says Reuters.
It’s unclear how serious, if at all, the talks are.