Samsung once again denies any interest in RIM acquisition

Samsung once again denies any interest in RIM acquisition
Just a quick follow up to yesterday’s rumors that claimed (once again) that Samsung was the leading candidate to either acquire Research in Motion or license BB10 from them. Reuters has relayed a somewhat terse response from Samsung, once again denying any interest in buying out the beleaguered Canadian company.

Samsung spokesperson James Chung told Reuters:

"We haven't considered acquiring the firm and are not interested in (buying RIM).”


Chung also indicated that Samsung had not been approached by RIM for a takeover, so apparently there are no current overtures from either side. Of course this statement wouldn’t rule out licensing BB10, but as we discussed yesterday Samsung has little incentive to license an unproven OS right now, with their rampant success with Android. Their involvement with Windows Phone has also served as something of a lesson in how hard it is to succeed with a new OS even if your product is solid and it’s shipping, let alone with the long-delayed and still unfinished BB10 project.

It’s almost certain that if Samsung were to license BB10 it would happen after BB10 is complete, and probably only after a successful launch that demonstrated consumer interest. Such a thing isn’t impossible either – there are still tens of millions of BlackBerry users, and the brand still engenders a decent amount of brand loyalty – if RIM can knock this release out of the park then in 2013 they may find themselves with several willing hardware partners, and Samsung could well be one of them.

But probably not right now.

source: Reuters via TechCrunch

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12 Comments

1. darktranquillity

Posts: 285; Member since: Feb 28, 2012

Some people are making quick bucks with this acquisition game.

11. MeoCao unregistered

Yes, the matadors from Wall St. who profit from the bulls with such rumors like iPhone 5 "record breaking" sales prediction. Some1 would love to buy RIM but that depends on the price of course. What SS needs is BBM technology and customer base and not BB10.

2. blackc25

Posts: 7; Member since: Apr 23, 2012

Samsung has earned such a position where even rumors of merger with dying company rises those companies shares.

3. blackc25

Posts: 7; Member since: Apr 23, 2012

Personally I feel Samsung should get along with RIM coz RIM still holds good amount of loyal and corporate clients, the same place where apple is trying to get hold of. And this Client pay for their services not waiting to get anything for free. And BBM is still the king when it comes to messaging service, teenage to corporate people's rely on this.

4. gunto13

Posts: 11; Member since: Aug 09, 2012

Samsung sucks. Korean crap.

5. kingstandup

Posts: 30; Member since: Oct 24, 2011

I believe Samsung could breathe life into a once dominate force in RIM.

6. gunto13

Posts: 11; Member since: Aug 09, 2012

Yeah, and they will turn blackberries into appleberries. Copycat korean made crap.

7. kingstandup

Posts: 30; Member since: Oct 24, 2011

Haha. I can't say I didn't see this comment coming. Lol.

8. Santi_Santi unregistered

im not interested too

9. JunkCreek

Posts: 407; Member since: Jul 13, 2012

just do it. samsung won't regret.

10. pikapowerize

Posts: 1869; Member since: May 03, 2012

RIM can stand.. i just know it!! BB10 has the looks that is really promising!! wish BB10 the best!!

12. pikapowerize

Posts: 1869; Member since: May 03, 2012

i hope samsung will stick to tha decision... please sammy dont buy RIM!!! just contribute! :)

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