February 25, 2014 7:33pm
Minutes after announcing that BBM has over 85 million active users and plans to launch an enterprise version called ‘BBM Protected,” CEO John Chen basically stated he’s willing to depart with a core BlackBerry service for the right price.
“If somebody comes to me and offer me $19 billion I would definitely sell it. I mean I would recommend to the board to take it, but it all depends on what it is.”
The billions are bring brought forward from the recent Facebook acquisition of WhatsApp, but Chen noted that he thinks “the right thing to do is to expand that and make it as big as possible, then worry about the valuation later.” Based on the current market value, analysts peg BBM to be worth about $3.4 billion.