Samsung Shoots Down Rumors of a RIM Takeover
Samsung Shoots Down Rumors of a RIM Takeover
Posted 01/18/2012 at 8:29am
| by Paul Lilly
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With the way things have been going lately, it wouldn't be the worst thing in the world for Research In Motion if a company swooped in and scooped up the BlackBerry handset maker, especially if said company was Samsung. There's only one problem with that specific scenario: Samsung isn't interested. Never has been and probably never will be.
"We haven't considered acquiring the firm and are not interested in (buying RIM)," Samsung spokesman James Chung told Reuters.
RIM's stock price climbed more than 10 percent after Boy Genius Report claimed to have learned from "a trusted source with knowledge of the situation" that Samsung was the front runner to purchase the company as it increasingly leans towards shopping itself. BGR also said RIM is looking for more than $10 billion for a full sale, and perhaps as much as $15 billion.
Even though Samsung shot down the rumor, BGR holds firm that it might still be interested in licensing RIM's software or purchasing part of the company's assets.
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ScytheNoire
January 22, 2012 at 1:37am
You guys might want to do your research. RIM is Canadian and there is Canadian Law that would prevent RIM from being sold to an outside country. It's not a law I like, but it's out there and has prevented these types of sales before. It also stops outside companies from investing in Canada, which is just as bad. So no RIM sale to any one.
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