Reuters: Technology News: BlackBerry considering spinoff of messaging service: WSJ

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BlackBerry considering spinoff of messaging service: WSJ Aug 27th 2013, 15:55 Tweet Share this Email Print Related News BATS in merger talks with Direct Edge: WSJ Fri, Aug 23 2013 UPDATE 1-BATS in merger talks with Direct Edge - WSJ Fri, Aug 23 2013 Ottawa watching BlackBerry carefully, wishes firm well Wed, Aug 21 2013 Analysis & Opinion BlackBerry’s Blues BlackBerry Chief Executive Thorsten Heins speaks at the company's annual meeting in Waterloo, Ontario July 9, 2013. Credit: Reuters/Jon Blacker Tue Aug 27, 2013 11:55am EDT (Reuters) - BlackBerry Ltd is considering spinning off its messaging service into a separate unit, the Wall Street Journal said, quoting people familiar with the matter. The subsidiary would be called BBM Inc, the newspaper said. BlackBerry has been shifting executives to the BBM team and working on other offerings beyond messaging, including some tools already available to BlackBerry users, like video chatting, the newspaper said. The company is also considering making BBM available for desktop computers, the daily said, quoting a person familiar with the matter. A BlackBerry spokeswoman said the company cannot comment on rumor and speculation. The company said earlier this month it was weighing options that could include an outright sale. BlackBerry's shares fell about 2 percent to C$10.72 on the Toronto Stock Exchange. (Reporting by Sruthi Ramakrishnan in Bangalore) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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