Will Samsung use some of its US$63b cash pile on tech takeovers?
Acquisitions will provide Samsung with software to help its products communicate
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Seoul
WHETHER Samsung Electronics Co has BlackBerry Ltd in its sights, it should spend some of its US$63 billion of cash on takeovers.
Samsung, which has an alliance with BlackBerry, this month denied reports that it had proposed buying the Canadian smartphone maker for as much as US$7.5 billion. Even so, a takeover would give Samsung the software to help its products communicate, according to Current Analysis Inc.
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