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RIM thinking of splitting into two firms

Posted: , by Alan F.

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RIM thinking of splitting into two firms
According to Reuters and The Sunday Times, RIM is considering a major restructuring that would split the company into two parts. One part would feature the long-suffering handset manufacturing business while the other would contain RIM's popular messaging service. Once the split is accomplished, RIM would then consider selling the manufacturing half, according to The Sunday Times. Last month, RIM hired investment banking firms JP Morgan and RBC Capital to go over strategic options. Names mentioned as potential buyers include Microsoft and Facebook.

Current RIM flagship BlackBerry Bold 9930

Current RIM flagship BlackBerry Bold 9930

There is speculation that RIM might want to also part ways with its messaging business, or open it up to rivals like Apple and Google as a way to generate income. Another option being kicked around would be to keep the entire company together, but to sell a stake in the whole company to a bigger tech firm like Microsoft. RIM has seen its once huge global smartphone market share decline into single digits, dropping from the 13.6% of the market it commanded in the first quarter of 2011 to the 6.7% slice of the global smartphone that the Canadian based manufacturer owned in this year's Q1.

At the end of last year, word had leaked out that Amazon,Microsoft and Nokia had considered buying RIM with Amazon the most serious of the trio. RIM is expected to launch its new BlackBerry 10 OS later this year in an attempt to catch up to iOS and Android. Even RIM's one time domination of the enterprise has vanished leaving the company hopeful that its new OS will turn things around. But with the stock at an 8 year low recently, rumors of a takeover are going to continue until the stock is finally bought out, turns the corner, or files Chapter 11.

source: Reuters

RIM's low stock price could lead to a takeover

RIM's low stock price could lead to a takeover


17 Comments
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posted on 24 Jun 2012, 14:50 11

1. jove39 (Posts: 1247; Member since: 18 Oct 2011)


May be BB should opensource their OS and let dev community enhance it.

Amazon...hmmm...controlling entire digital distribution chain through kindle line of products...that'll be nice!

posted on 24 Jun 2012, 15:01 5

2. plgladio (Posts: 311; Member since: 05 Dec 2011)


Every OS once slip from top, its all about how smart they pick-up. BlackBerry still hoping a gain..

posted on 24 Jun 2012, 15:18 12

3. Synack (Posts: 659; Member since: 05 Jul 2011)


RIM sucks

posted on 24 Jun 2012, 19:10 7

8. Synack (Posts: 659; Member since: 05 Jul 2011)


lol for the 2 thumbs downs from Blackberry owners who think their phone is God, when it is crap. Join the rest of us in Android/iOS/Windows Phone.

posted on 24 Jun 2012, 21:16 6

10. a_tumiwa (Posts: 216; Member since: 16 Mar 2012)


hey! u didnt mention my Symbian!

posted on 24 Jun 2012, 21:33 4

11. Wiki_jaan (Posts: 701; Member since: 24 Jun 2012)


symbian already dead :p

posted on 24 Jun 2012, 22:39 3

13. Vaidya (Posts: 11; Member since: 20 Jun 2012)


I wasn't dead but nokia killed it .
Just a ui and store upgrade would have gone a long way.
Same thing for meego.

posted on 24 Jun 2012, 23:07

16. digicon (Posts: 114; Member since: 11 Aug 2011)


Naw , it just shows all the people who have jumped on the Baa-aa-ndwagon . . .

posted on 24 Jun 2012, 15:49 2

4. parkwaydr (Posts: 572; Member since: 07 Sep 2011)


What they need to do is start marketing bb 10, get people excited, the sooner they start the hype the better. No one is going to buy it if they don't know about it.

posted on 24 Jun 2012, 16:12 2

5. fanboy1974 (Posts: 1107; Member since: 12 Nov 2011)


I see it happening.

Dumb & Dumber

posted on 24 Jun 2012, 17:13 1

6. GuiltyBystander (Posts: 199; Member since: 05 Mar 2012)


Without Jim Carrey :(

posted on 24 Jun 2012, 18:42 4

7. residualhatred (Posts: 25; Member since: 28 May 2012)


All they need in their hand is a white flag to wave. RIM has not put up much of a fight. They got punk'd by Apple and Google. My wife still loves her blackberry. But she even knows eventually she will have to jump ship and get either an iphone or android phone or even a windows phone.

posted on 24 Jun 2012, 19:32 4

9. MISTER-H (banned) (Posts: 87; Member since: 28 May 2012)


Good bye RIM...... Ur phones are crap and low specs....

posted on 24 Jun 2012, 22:07 6

12. OptimusOne (Posts: 694; Member since: 22 May 2012)


better than iphone...

posted on 24 Jun 2012, 22:41 1

14. Vaidya (Posts: 11; Member since: 20 Jun 2012)


Copying moto's strategy
except apple and google it has potential buyers

posted on 24 Jun 2012, 22:57 2

15. snowgator (Posts: 3187; Member since: 19 Jan 2011)


Geez, another set of BB rumors.

There is no way RIM splits in two.

And no way they lose their corporate business.

And no way they need to change from their Bold-style keyboard.

And no way BB07 won't keep them afloat until their BB10 launches.

And no way the Playbook won't find an audience.

Ya know, that split in two idea ain't bad...

posted on 25 Jun 2012, 08:19

17. mercorp (Posts: 967; Member since: 28 Jan 2012)


Spilt into two....
BANANA.

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