Rumor: RIM may consider selling to Samsung
Research In Motion (NASDAQ: RIMM) is said to be looking at a variety of options to improve its prospects this year, including licensing its software to other companies and selling off a division, writes Jonathan S. Geller at BGR. Samsung is emerging as a possible contender, Geller writes, citing an anonymous source.
"One of the biggest assets RIM has is BlackBerry Messenger, and it would be a smart way for Samsung to differentiate itself inside the Android ecosystem," Geller writes. "HTC has its Sense suite and it recently bought into Beats by Dr. Dre. Samsung could buy RIM, or a part of the company, and integrate not only BBM but also several other enterprise features into Android to make its devices an even bigger threat to competitors."
According to BGR, RIM co-CEO Jim Balsillie is in talks with "almost every company that might be interested in either a part or all of RIM," as well as those interested in licensing arrangements. The asking price for an outright sale tops $10 billion, according to what BGR has heard.
- see Jonathan S. Geller's post at BGR