RIM may sell BlackBerry brand. Nokia and Microsoft Interested?

SVK

svknet.wordpress.com
[OP]
Regulars
Jan 19, 2007
9,857
846
svknet.wordpress.com
The Wall Street Journal has in a recent report said that Nokia and Microsoft (who are interestingly, partners) are both eyeing to take over struggling phone maker RIM. In the past months, these two companies had seemingly considered a joint bid to acquire the maker of BlackBerry branded handsets, according to the report.


While there has not been a single statement from any of the concerned parties corroborating this report, we do believe that looking at the current state of RIM’s affairs, Microsoft and Nokia looking to taking over RIM could be a possibility. But then, it was just a few days ago that there were reports of another company, interested in acquiring RIM. Back then it was online retailing giant Amazon which was named as a potential bidder. With Amazon’s recent foray in to the tablets sector, this too was seen as a distinct possibility.


RIM has since then said that it had turned down Amazon’s overtures and added that RIM’s board of directors is interested in pushing the company to make better products and involve in partnerships with content providers like Amazon to reverse its fledgling fortunes. They are also looking to restructure the company.


It has been a very uninspiring 2011 for RIM which apart from losing market share and seeing dismal quarterly figures also went through a disastrous outage that lasted for an entire week. The outage apart from tarnishing the reputation of the famed BlackBerry services also caused a lot of financial implications on the company which was already losing money with each quarter. If that wasn’t all, its maiden tablet venture, the PlayBook failed to make the cash registers ring. Launched in early 2011, the device was RIM’s answer to the Apple iPad. Ironically, Amazon’s similarly sized Kindle Fire is doing much better than the PlayBook.


As for Nokia and Microsoft, it is unclear if both the firms are still interested in acquiring RIM. On second thoughts though, it would seem very unlikely for these two to acquire a company that already is facing issues of its own. Both Nokia and Microsoft are striving hard to push Windows Phone base devices to the mainstream smartphone arena which is now dominated by Android and iOS and acquiring a competing product could mean more trouble for them.

Why Samsung, HTC or Apple not trying as well?
How about BlackBerry handset manufactured by Nokia and running WP7 :D
 

Sushubh

Administrator
Oct 29, 2004
418,543
13,022
Gurugram
seriously. how did you land on that stupid blog?

it does not even link to the news article they are referring to.

from what i read online. Microsoft and Nokia 'considered' for a while about bidding for RIM.

they are not aiming to bid for RIM. there are probably no plans for anyone to bid for RIM. no one wants their devices or platform. RIM is in a shit situation right now.

their encrypted platform is being challenged by governments around the world. they really have nothing to offer.

please. for the love of god. check out the source behind these bullcrap posts before spreading the FUD! :)

----------

here is the WSJ article.


Microsoft, Nokia Flirted With RIM — online.wsj.com — Readability

Microsoft Corp. and Nokia Corp. in recent months flirted with the idea of making a joint bid for Research In Motion Ltd., according to people familiar with the matter.

The status of the talks remains unclear. But the fact that the discussions took place, even informally, underscores the severity of the challenges facing RIM and the opportunity it presents to rivals.
 

SVK

svknet.wordpress.com
[OP]
Regulars
Jan 19, 2007
9,857
846
svknet.wordpress.com
seriously. how did you land on that stupid blog?
Google :)

it does not even link to the news article they are referring to.
Bad habit!

from what i read online. Microsoft and Nokia 'considered' for a while about bidding for RIM.

they are not aiming to bid for RIM.
But such rumors were there...

there are probably no plans for anyone to bid for RIM. no one wants their devices or platform. RIM is in a shit situation right now.

their encrypted platform is being challenged by governments around the world. they really have nothing to offer.
Most analyst saying same.

please. for the love of god. check out the source behind these bullcrap posts before spreading the FUD! :)
Ok. No more threads from my side :sad:

BTW - Exclusive: Amazon weighed buying RIM but interest cooled | Technology | Reuters
Tue Dec 20, 2011 5:39pm EST
By Nadia Damouni


NEW YORK (Reuters) - Research In Motion Ltd has turned down takeover overtures from Amazon.com Inc and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation.
 


Sushubh

Administrator
Oct 29, 2004
418,543
13,022
Gurugram
i am just saying, stick to recognized sources. most third party blogs change the language to make the news more sensationalized. just think of them as the india tv of online news reporting.
 

Sushubh

Administrator
Oct 29, 2004
418,543
13,022
Gurugram
Research in Motion might have hired Goldman Sachs for a possible sale

so the latest rumors are that they might sell their handset unit.

the logical part of the reports is that they might start generating revenues through patent licensing. and more importantly... offering their blackberry branded services as SAAS to multiple platforms.

this means that blackberry mail and blackberry messenger and other services might become available on other platforms. this makes the rumors more logical. RIM can become a profitable entity by focusing on software and services rather than hardware.
 


mhsabir

Xclusive
Regulars
Oct 7, 2006
19,739
2,587
Chennai
Lenovo & RIM Downplay Rumor of Acquisition Talks - BerryReview

You have to love how rumors grow out of control. Bloomberg took a quote form Lenovo’s CFO Wong Waiming to mean that Lenovo was considering acquiring RIM. That spiraled out of control to the point where Lenovo offered the following quote to The Next Web. Essentially they are saying it was taken out of context which is what I expected:

In general, we do not comment on M&A rumors or speculation.

We are aware that Lenovo’s CFO [Wong] Waiming was speaking broadly about M&A strategy in a recent interview. RIM was raised as a potential target by the journalist and Mr. Wong repeatedly answered in a manner consistent with all of our previous statements on M&A strategy: Lenovo is very focused on growing its business, both organically and through M&A. When inorganic ideas arise, we explore them to see if there is a strategic fit.

RIM responded with a similar quote that:

[RIM CEO] Thorsten Heins has made it very clear that we are focused on the delivery of BlackBerry 10, which we will launch with events around the world on January 30th. As he said on our most recent results conference call on December 20th, we continue to examine all available options to “create new opportunities, focusing on areas where we will be more effective partnering rather than going it alone, and ultimately maximizing value for all stakeholders.” We do not have anything new to report on our Strategic Review at this time.’
 

Similar threads