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Analyst: Fairfax 'not interested' in Blackberry breakup

24 September 2013 Last updated at 13:51 BST

Blackberry has agreed to a $4.7bn takeover deal led by the private equity group Fairfax Financial, which already owns 10% of the company.

The announcement comes days after the Canadian smartphone company said it was cutting 4,500 jobs worldwide. So what might the future hold for the company?

Carmi Levy, a technology analyst from Ontario told BBC Radio 5 live's Wake Up to Money: "They weren't interested in touchscreens... and before they realised the error of their ways it was too late."

However there may be some hope for the company, as Levy added: "Fairfax Financial... is one private investment company that is not interested in breaking the company up for parts."