Report: Microsoft And Nokia Were In Talks To Buy RIM
Wall Street Journal today reported that Microsoft and Nokia were in talks to acquire Blackberry maker RIM. RIM’s stock is diving down everyday and its currently worth $7 billion which is less than their net assets worth $15 billion. RIM recently announced that their new QNX basedÂ BlackberryÂ models won’t ship until late 2012. This led to lots of rumors and speculations on RIM’s future.
According to WSJ,
People familiar with the matter said senior executives from all three companies frequently meet to discuss ways to enhance their partnerships and talk about their industry.
It is unclear how extensively RIM has been involved in any takeover discussions with Microsoft and Nokia.
WSJ also added that RIM also had discussions with Samsung, HTC, etc, to license BB 10 operating system and services. Interesting times ahead !
Read more at WSJ.