Earlier this year reports surfaced suggesting RIM was in talks to be acquired by Samsung. The news was not out long when Samsung released a statement saying they were in no way interested in RIM. Why would they be anyway? Samsung is doing quite well with Android. At this point, the only reason a company like Samsung would want to acquire RIM is if RIM had a patent portfolio that was attractive.
This week, new rumors were floating around that Samsung was again interested in acquiring RIM. The rumors got so hot that RIM's stock price actually went up. Samsung has again burst the bubble of all those speculating on a possible RIM acquisition. According to Reuters Samsung said, "it has not considered acquiring Research In Motion or licensing the embattled BlackBerry phone maker's new mobile operating system."
This week, new rumors were floating around that Samsung was again interested in acquiring RIM. The rumors got so hot that RIM's stock price actually went up. Samsung has again burst the bubble of all those speculating on a possible RIM acquisition. According to Reuters Samsung said, "it has not considered acquiring Research In Motion or licensing the embattled BlackBerry phone maker's new mobile operating system."
"RIM has already lost its initiative in the smartphone market and what is left doesn't look really attractive to the likes of Samsung," said Lee Sei-cheol, an analyst at Meritz Securities. "Should they have a deep patent pool, that might be the most appealing asset to potential acquirers."
Many have predicted the demise of RIM and those predictions look to be coming true. RIM's CEO Thorsten Heins has already stated that RIM cannot compete with the Apple and Samsungs of the world without help. It doesn't look like anyone is willing to lend them a hand at this point.
Many have predicted the demise of RIM and those predictions look to be coming true. RIM's CEO Thorsten Heins has already stated that RIM cannot compete with the Apple and Samsungs of the world without help. It doesn't look like anyone is willing to lend them a hand at this point.