UPDATE: BlackBerry later on Wednesday issued a somewhat confusing statement, commenting but saying it doesn't comment on rumors. “BlackBerry Limited is aware of certain press reports published today with respect to a possible offer by Samsung to purchase BlackBerry. BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry. BlackBerry’s policy is not to comment on rumors or speculation, and accordingly it does not intend to comment further.”
Reuters reported on Wednesday afternoon that Samsung has reached out to BlackBerry about buying the smartphone maker for as much as $7.5 billion, mainly looking to get its hands on a trove of patents for security, conference calling and other advances. The report is based on an unnamed source as well as Reuters seeing actual documents.
The news sent BlackBerry's weak stock soaring about 30% during heavy trading to close at $12.60.
IN-DEPTH: BlackBerry Classic Smartphone
As part of its renewed enterprise push this past fall, BlackBerry partnered with Samsung to bring BlackBerry security technology to the South Korean company's
BlackBerry announced a high-profile security partnership with Samsung in November. The partnership will wed BlackBerry's security platform with the South Korean company's Android phones and tablets.
BlackBerry would not comment to Reuters and Samsung could not immediately be reached.
BlackBerry's board starting looking for a buyer or strategic partner back in the summer of 2013, but abandoned that effort and took an infusion of cash it hoped would spur a turnaround under new leader John Chen.
Word of a possible Samsung-BlackBerry deal comes on the heels of reports that Sony might be open to dealing its mobile business.