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Friday, 10 August 2012

IBM shows interest in RIM enterprise assets: Bloomberg

RIM’s dwindling fortunes and delayed projects mean we hear regular rumors about someone or the other interested in acquiring a part or whole of the company. It was Samsung earlier this week, which was vehemently denied by the Korean technology giant and today it is IBM. The once PC vendor and now enterprise services solution company is said to be interested in acquiring RIM’s enterprise services business. Bloomberg which reported the story has stated that this IBM however has shown an informal interest and nothing has been put forth formally.
IBM may have to shell up somewhere in between $1.5 to $2.5 billion for RIM’s enterprise assets. This could be a good fit for IBM has it will get its hands on a world class secure email network, which would be a good fit for IBM’s enterprise solutions business. However, both companies have denied to comment on market rumors and speculations.
In all probability, RIM would wait till the launch of its BlackBerry 10 platform before deciding whether selling off parts  or the whole company would be in the interest of its investors and shareholders. All boils down to how BlackBerry 10 performs in the market and whether RIM can sign up some partners to license the platform. Earlier this June RIM hired RBC and JP Morgan as strategic advisors to help the management with options that include partnerships, licensing or even spinning off certain businesses.

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