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RIM CEO 'Pushing' for Samsung to Purchase the Company

- By - Source : Boy Genius Report

Is RIM set to become property of Samsung?

It's no secret that Research In Motion is in trouble. The company has been floundering for quite sometime and there has been speculation that the company could end up being sold to the highest bidder. The latest rumors say that while RIM is considering a number of options (including licensing its software to third parties or selling off certain divisions of the company), the front runner of solutions to get the company back on its feet is to sell to Samsung.

Boy Genius Report is citing anonymous sources that it claims while Jim Balsillie, one of RIM's two CEOs, is actively meeting with almost every company that might be interested in either a part or all of RIM, he's "going hard after Samsung." The logic is that Samsung could really use BBM and RIM's other enterprise features as a way to differentiate itself from the competition.

However, it sounds as though RIM might need to temper its expectations if it really wants to sell. BGR's sources say that one of the reasons the Canadian company hasn't yet struck a deal struck is because co-CEO's Balsillie and Lazaridis are asking for between $10- and $15 billion, or as much as $28.60 per share. At time of writing, shares were sitting at $17.70 per share. However, this is after a notable increase thanks to the rumors of the Samsung rumors. RIM shares were at $16.35 per share first thing this morning, prior to the publication of the report from BGR.

Previously, Vodafone, Amazon, Microsoft, and Nokia have been rumored to have been interested in purchasing RIM. However, while there are apparently plenty of interested parties looking to take RIM to the dance, there's more behind this decision than just Lazaridis and Balsillie saying yes to the most attractive suitor. This time last month, sources speaking to Reuters said RIM's management had told interested parties they don't want to sell or break up the company and instructed the two CEOs to set aside any options for a sale.

Who would you like to see purchase RIM? Let us know in the comments below!

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rrrhaire 01/18/2012 2:27 AM
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I would like to see Microsoft purchase RIM and integrate the staple RIM operating system features into the windows platform. RIM dominates the mobile business market and Microsoft dominates the productivity software market. Put them together and you have a great platform.

Anonymous 01/18/2012 2:40 AM
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Aragorn 01/18/2012 2:47 AM
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I would love to see RIM pull their head out of their backside and get back to creating products people really want. The playbook could have been great if it had all of the traditional black berry features on its own - built in email, messaging, bbm, etc. They could make phones that people want too, perhaps they could look into licensing Android with BB services (BBM, secure email, etc) as an additional layer that no one else has. It is extreamly hard for me to think of any company large enough to buy RIM that I would want to trust to run the kind of secure system that has made BBs so popular.

Aragorn 01/18/2012 2:48 AM
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Why did I have to use FireFox to post?!? Are the people running this site not able to make it work in Internet Explorer?

stardude82 01/18/2012 2:54 AM
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Honestly, RIM is on it's last legs and so it is shark food. If you look at Symbian and webOS, I don't see much value in Blackberry OS, but since Samsung has little IP and/or experience in OS development it's probably better than nothing. BBM is nice, but it isn't what it used to be.

stardude82 01/18/2012 2:57 AM
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Aragorn :
Why did I have to use FireFox to post?!? Are the people running this site not able to make it work in Internet Explorer?


Maybe the people running IE should be the ones making their browser worth with this site?

livebriand 01/18/2012 3:09 AM
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Aragorn :
Why did I have to use FireFox to post?!? Are the people running this site not able to make it work in Internet Explorer?


Why are you using IE anyway?

southernshark 01/18/2012 3:15 AM
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southernshark 01/18/2012 3:16 AM
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dalethepcman 01/18/2012 3:27 AM
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I could see oracle, microsoft and apple getting together again to purchase rim, just so google can't have their ip portfolio.

darkavenger123 01/18/2012 3:37 AM
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I don't think Samsung will pay 15billion for a failed business....Samsung is doing very well in consumer market and one of the leaders in manufacring mobile CPUs and RAMs. They already have their own BADA OS, what can RIM offer?? Crap phone designs nobody cares, and a dying corporate market.....

Nope, Samsung is not going to pay 15b for this.

Anonymous 01/18/2012 3:47 AM
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Were you dropped on your head as a child? Microsoft buys-out RIM and all BBM lovers will be dealing with more black-outs than we have seen since the creation of Blackberry!! Look at Skype, EPIC FAILURE of grand proportions!! Microsoft is always trying to "improve" and end up fudging it up worse!! Leave RIM to the Canadians!!! Heck Sign it over to the Waterloo Region, the municipal gov't here will straighten it out and turn it into a well oiled machine like it was in it's prime!!

interestingisit 01/18/2012 4:59 AM
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Samsung would actually benefit. General public only buy BBs for BBM... unless yur a business man.. then it's for its security. So if people were to find out they can now get BBM on a Samsung.. people will flock to Samsung! BBM + HOT SAMSUNG = pure LOVE. Plus BB has a huge business oriented market which Samsung doesn't really have. SO this could be awesome for Samsung. DO IT!!!! (I just want a BBM and a Samsung phone... apple must die)

invlem 01/18/2012 5:04 AM
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I still don't know what people's issues are with BB phones, they're great smart phones designed for business oriented customers.

The phone does everything it needs to for that environment, and the battery life is 4x what the consumer (ie app & gaming) phones are, my BB lasts a good week on a charge, my Galaxy S (personal phone) lasts 2-3 days if i don't use it, if i use it for an hour I'm lucky with 48 hours.

Yes the BB app store is small, yes there aren't many games, but BB was never marketed as a mobile gaming platform...

Good battery life, email, browser, BBM, security... security... security... MS Exchange integration with BIS & BES, they are leagues more advanced for the business consumer than any other smart phone manufacturer when it comes to things like this.

RIM has 2 major problems:
1. RIM sucks at marketing, they can't market their products, they fail to build the hype for a product launch, the products just appear on the shelf. Marketing is the biggest tool in the consumer sector, apple has people sleeping outside for 2 weeks before a product launch, because they know how to market to the consumer, they know how to build hype.
2. RIM sucks at release dates, if you say you're doing to do something by a certain date, make sure you actually get the product out in time (android integration for Playbook still hasn't happened). The next set of phones won't be out until the end of this year, etc, etc.

Basically thats it, market your product right, release it on time, people will buy it!

pedro_mann 01/18/2012 5:48 AM
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Pretty expensive deal for basically a patent portfolio. I could see Google or Samsung trying to snap it up at the right price, but that would definitely put Google under more scrutiny if they made a move.

sixdegree 01/18/2012 6:31 AM
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Google should purchase RIM like they did with Motorola. Android platform could use some security and manageability found in RIM's phone. Or Apple could purchase them and infuse their dull lineup mobile devices with magic, and everyone just go crazy about them again.

shqtth 01/18/2012 6:44 AM
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Why cant RIM just create a product and fight back? Android was nothing and now its kicking apples ass. So anything is possible. We can't just rely on iOS and Android. What happens if Andoid/Google become as bad as Apple, and there is no mobile OS out there to compete? We will be all screwed. Android is full of security holes and spyware. iOS get hacked every time a new version comes out. Open source is great, but then again hackers learn a lot about hacking a phone that hasn't been updated yet. SO having more options for an OS is a good thing.

darkavenger123 01/18/2012 7:14 AM
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interestingisit :
Samsung would actually benefit. General public only buy BBs for BBM... unless yur a business man.. then it's for its security. So if people were to find out they can now get BBM on a Samsung.. people will flock to Samsung! BBM + HOT SAMSUNG = pure LOVE. Plus BB has a huge business oriented market which Samsung doesn't really have. SO this could be awesome for Samsung. DO IT!!!! (I just want a BBM and a Samsung phone... apple must die)


BB doesn't have a "huge business oriented" market anymore. That was maybe 7 years ago. Corporates is now on iPhones and iPads. All the Directors in my company use these. And the vendors i met will be carrying an Ipad around. BB?? Extinct like dinosaurs.

darkavenger123 01/18/2012 7:17 AM
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shqtth :
Why cant RIM just create a product and fight back? Android was nothing and now its kicking apples ass. So anything is possible. We can't just rely on iOS and Android. What happens if Andoid/Google become as bad as Apple, and there is no mobile OS out there to compete? We will be all screwed. Android is full of security holes and spyware. iOS get hacked every time a new version comes out. Open source is great, but then again hackers learn a lot about hacking a phone that hasn't been updated yet. SO having more options for an OS is a good thing.



Actually, there are more than that. There's still MS with Windows Phone, Samsung has BADA, and Nokia could resurrect MeeGo if things goes as bad as you predict.

bin1127 01/18/2012 1:29 PM
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I'm worried about email security if RIM decides to sell. RIM is the only company that is clear in it's intentions to preserve the privacy of all traffic passing through it's servers. I do not believe any other company will do the same.

but why do they have to sell? just because the company got pared down doesn't mean they have to sell. stupid shareholders always trying to hard to ruin good companies by selling out at the first sign of trouble.

Anonymous 01/18/2012 2:41 PM
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The Government of Canada... protecting a Canadian asset until they can get things on track...

... but seriously. I'd prefer they simply pull themselves out of this quagmire, and show us all how to have a little faith. What people say is right, they're not great at marketing, they left the transition to a new platform (QNX) too long, they really needed to pay attention to the GUI revolution, they STAGNATED. This is disappointing and frankly irks me more than just a little, but I persist. I'm a fan, I'm hopeful, and I really believe they have the talent to build something GREAT! I just wish they'd prove it.

Anonymous 01/18/2012 4:28 PM
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BB + Android = Pure Awesome

Google should buy it. They have the money and it would make an aweseome collaboration.
If not Samsung sounds pretty darn awesome too.

rallende 01/18/2012 4:32 PM
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Remember, RIM's strength is in it's service, (the NOC that encrypts the data), not the hardware it sells. For it to be truly a force to be reckoned with, they need better phone designers as the rest of the world wants a phone that is not only useful but that isn't a eyesore as well.

freggo 01/18/2012 4:51 PM
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stardude82 :
Maybe the people running IE should be the ones making their browser worth with this site?



Usually a website and a business caters to the customer !
Requiring a specific browser, if not technically necessary, is a perfect way to turn away clients and rather arrogant.

mstrbass2000 01/18/2012 6:47 PM
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nokia+ rim+wp8 microsoft will comeout with a similar deal they gave to nokia and rim will go wp exclusive ...book it

rpgplayer 01/18/2012 7:16 PM
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southernshark :
or better yet, RIM/KODAK/Yahoo.

Then Google could buy all the IP from that combined company in 2 years when the combined merger drops to $15 a share.

Anonymous 01/18/2012 8:08 PM
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Just let it go bankrupt. When there is just no need for old technology, it dies (think about wooden wheels being replaced by rubber as just one example).

Halcyon 05/02/2012 4:10 AM
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I think RIM has done well with its Bold 9900/9930. To me, they're the best blackberries to date. BBs are good devices for Enterprise email and easier to type on than a touchscreen. They should correct their price to $5-7 billion and maybe Samsung would pick them up. Microsoft would ruin RIM trying to innovate that which doesn't need innovating.