BlackBerry Forums Support Community               

Closed Thread
LinkBack Thread Tools
Old 04-16-2012, 09:10 PM   #1 (permalink)
Dubdub's Avatar
Join Date: Nov 2005
Location: New Hampshire
Model: App6+
PIN: Ask
Carrier: ATT & Verizon
Posts: 20,038
Post Thanks: 54
Thanked 783 Times in 743 Posts
Default RIM is reportedly seeking to hire a bank. Possible takeover?

Please Login to Remove!

RIM Reportedly Seeking a Bank, Suggesting a Possible Takeover is in the Works | TechnoBuffalo

RIM is reportedly seeking to hire a bank to help the company with strategic options, which suggests a takeover could be in the cards. The BlackBerry maker is said to be in talks with a global bank and a Canadian bank, Bloomberg said on Monday without naming either firm. RIM has failed to effectively compete with Apple’s iPhone and Google’s Android-powered smartphones during the past five quarters and, as a result, both its stock price and market share have tanked. It’s unclear if RIM is looking to sell several of its assets, such as its patent portfolio, or if its leadership is considering an outright sale.

Newly appointed CEO Thorsten Heins openly stated that the company would refocus its efforts on attracting enterprise customers and that his firm would review the options of joint ventures and possibly licensing its intellectual properties. RIM needs something to help it turn the business around however. The stock price declined about 75% during the last year. So who might be interested?

Several pundits have suggested that Samsung, Nokia and Amazon would be interested in parts of the Canada-based smartphone maker. Rumors also surfaced recently that suggested Microsoft may be interested in a $3.5 billion investment in RIM. However, it’s possible the Canadian government will stand in the way of a purchase, so it remains unclear what path the company will ultimately choose.
-->>BB FAQ

-->>Stinsonddog's Tip Site!


If someone helps, tell them by clicking the Thanks button.!!
Old 04-17-2012, 09:29 AM   #2 (permalink)
Spam Reporter
dc/dc's Avatar
Join Date: Oct 2005
Location: IAD
Model: 6230
Carrier: Voicestream
Posts: 14,530
Post Thanks: 220
Thanked 345 Times in 311 Posts
Default Re: RIM is reportedly seeking to hire a bank. Possible takeover?

I'm beginning to think that RIM needs to do what Nortel did and split their businesses for sale. Nortel had the same issue of Canadian regulatory difficulties, and had to enter bankruptcy in addition to splitting itself.

Logically, I could see RIM selling their software business to someone like Microsoft, and their hardware business to someone like Samsung or Nokia.
I h8 txtspk.
Old 04-17-2012, 09:51 AM   #3 (permalink)
Grumpy Moderator
NJBlackBerry's Avatar
Join Date: Aug 2004
Location: Somewhere in the swamps of Jersey
Model: iPh6
Carrier: AT&T
Posts: 27,870
Post Thanks: 34
Thanked 455 Times in 391 Posts
Default Re: RIM is reportedly seeking to hire a bank. Possible takeover?

I think their most valuable piece is their network infrastructure.
And yes, a breakup will maximize shareholder value, and the most painful.
Old 04-17-2012, 03:55 PM   #4 (permalink)
Thumbs Must Hurt
Join Date: Aug 2004
Model: 9700
Carrier: T-Mobile
Posts: 50
Post Thanks: 0
Thanked 2 Times in 2 Posts
Default Re: RIM is reportedly seeking to hire a bank. Possible takeover?

Sadly, RIM's most valuable asset (much like AOL's) is the number of patents they own

The Prophet
Closed Thread

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads for: RIM is reportedly seeking to hire a bank. Possible takeover?
Thread Thread Starter Forum Replies Last Post
Research in Motion: Vulnerable to a Takeover Bid? serrano_yejo RIM Stock/Legal Discussion 11 10-11-2008 10:39 PM
[2005-08-02] Research In Motion Provides Update on NTP Litigation T-Roy BlackBerry In the News 0 08-07-2005 01:33 PM
[2005-03-16] RIM settles NTP lawsuit for $450m ScOObydoo BlackBerry In the News 9 03-23-2005 07:52 PM

Copyright © 2004-2014
The names RIM © and BlackBerry © are registered Trademarks of BlackBerry Inc.