Archives for

Buyout

With The Nokia Deal Finalized Does Microsoft Have Their Eyes Set On Rim?

I guess the better question is, with a partnership with Nokia to do Windows Phone 7 devices, and a possibility of acquiring RIM, does Microsoft need to buy everyone but Apple to compete with Android?

Bloomberg is reported Monday that after a dismal quarter and everyone fleeing, the once matriarch of the smartphone, could RIM be poised to attract a takeover?  Are the top candidates for a takeover Dell and Microsoft?

RIM plunged last week after they reported that quarterly sales would drop for the first time in 9 years.¬† Blackberry started losing ground in 2007 with the introduction of Apple’s iPhone and the subsequent 4 years as both Apple and Google’s Android have eaten away at RIM’s core enterprise business.

Although RIM’s Co-CEO’s, Blackberry Creator, Mike Lazaridis and Jim Balsillie told Bloomberg that their commitment to RIM is “Stronger than ever” analysts and bankers who oversee a good portion of RIM stock, think that the Waterloo Canada based company is ripe for a takeover.

More after the break
(more…)