Purchase strengthens actions BlackBerry WhatsApp - The Universal

Reuters

| The Universal

10:45 Thursday February 20, 2014

shares rose as much as 9% in after-hours trading on the market, since the agreement increases the valuation metrics around service BlackBerry Messaging Messaging

Dining Facebook 19 billion dollars WhatsApp strengthened actions BlackBerry on Thursday because investors bet platform messaging smartphone maker has been undervalued.

shares rose as much as 9 percent in after-hours trading Wednesday as the agreement increases the valuation metrics around the BlackBerry Messaging courier company.

BlackBerry Messaging, or BBM, was a message service for mobile pioneer, but its user base has failed to keep pace with WhatsApp or other new entrants, partly because long BlackBerry refused to open the service to users on other platforms.

WhatsApp, with a user base of about 450 million, has grown rapidly. His service operates on Apple Inc iOS platform, operating system leader Google Inc’s Android and powered by Windows operating systems and BlackBerry devices.

BBM remains popular, though BlackBerry devices have lost fame. Late last year Canadian based company Waterloo Ontario finally opened messaging platform mobile users iPhone Android devices and quantity asset service users has grown 80M.

However, investors have little value attributed to the asset within the company. In a note on Tuesday clients, Steven Li an analyst at Raymond James detailed a valuation part by BlackBerry and valued BBM in only $ 240 million, or $ 3 per user, far from the nearly $ 42 that WhatsApp was valued in offering Facebook.

After climbing up to 9. $ 82 in after-hours operations on Wednesday, shares of BlackBerry completed at about $ 9.54, up from $ 9.01 the end of the session. Shares gained 5.6 percent to $ 9.52, at 1638 GMT.

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