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Blackberry CEO values BBM at $19 billion

Wednesday February 26, 2014, 2:54 PM

blackberry-ceo-john-chenIt’s been barely a month since Facebook acquired WhatsApp for a jaw-dropping $19 billion, but would Blackberry’s Messenger be as high-valued? Well, Blackberry’s CEO John Chen certainly thinks so.

In an interview with CNBC, Chen said that were he to be offered a sum $19 billion for BBM; he would ask the company’s shareholders to accept the offer. But he maintains that there are currently different plans in place for the messaging app.

Blackberry has taken a few steps in this said direction by announcing BBM eSuite, and BBM for Windows and Nokia X platforms. In reality, the messaging app has a lot of ground to cover, considering it only has 85 million active users, while WhatsApp has a little over 450 million.

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About Ganesh Srinivasan Consulting

Management Consultant from India with International Solutions Selling, Projects Implementation, Joint Venture, Collaboration and Procurement experience Building a Global Team of Consultants and Niche Products and Services

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