Friday, 1 June 2012
Research in Motion, Struggling, Ponders a Dim Future
After rejecting the idea of a sale for months, Research in Motion acknowledged on Tuesday that it was considering “strategic business model alternatives” — or in banker’s speak, RIM, which makes the BlackBerry, said it was pondering a potential deal for all or parts of the company.
But did it wait too long?
A year ago, RIM, a Canadian company, became the subject of takeover rumors, after Google’s $12.5 billion deal for Motorola Mobility. Then, analysts believed that RIM would draw interest from Microsoft, Amazon.com or any number of Chinese phone manufacturers who could afford what would have been a pricey deal.
The company’s executives rebuffed the idea, arguing that RIM was on the verge of a turnaround. New phones were coming that combined touch-screens with BlackBerry’s e-mail and security features. And the PlayBook, with an industrial-strength operating system, could stand toe to toe with the iPad.
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