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 😀
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 😀
