Poor RIM: Samsung Just Isn't That Into You

Posted by Knowlton Thomas on 2012-01-18 10:30:00 AM

Yesterday we reported that RIM was campaigning for a company to buy it and the Boy Genius Report stated that sources believed Samsung was at the forefront of potential suitors. However, Samsung has now come forth to eradicate these rumours.

RIM's stock skyrocketed 10% on the news yesterday, but dipped back down 3% after a Samsung spokesman told Reuters that "we haven’t considered acquiring [Research In Motion]." The spokesman, James Chung, went on to state that Samsung hasn't even been approached by RIM over the possibility.

Last week, it was reported that RIM commissioned investment bank Goldman Sachs to explore "strategic options." And last month, rumours surfaced that online retail giant Amazon almost bought RIM last summer.

 

Company:
Research In Motion
Website:
http://www.rim.net
Location:
Waterloo, Ontario, Canada

BlackBerry (Research In Motion) is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. RIM's portfolio of award-winning products are used by thousands of organizations around the world and include the BlackBerry® wireless platform, software development tools, and software/hardware licensing agreements. more

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Knowlton Thomas

Knowlton Thomas

Knowlton is the Associate Editor of Techvibes. A Vancouver-based writer and author, Knowlton has been published in national publications and has also appeared on television and radio. He has written two ebooks and more are in the works. Previously, he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing... more

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