Samsung

Research in Motion never released a long-rumored Android client for its BBM service. Samsung never got around to purchasing HP's webOS. So it only makes sense that the latest and greatest anonymously sourced rumor puts RIM as "going hard after Samsung," hoping to be whisked away from the Island of Misfit Toys. That's according to BGR, which "heard" that RIM's looking to get between $10 billion and $15 billion for the company.

The question for us then becomes what the hell Samsung would do with RIM, given that (lawsuits notwithstanding) Samsung's pretty much leading the way in the Android space. First and foremost, RIM's sitting on a pretty pile of patents. Secondly -- but perhaps no less important -- is the whole enterprise field. It's between RIM and Microsoft on that front, and having BIS/BES under your belt is a pretty mean weapon to wave. And then there's BlackBerry Messenger, which provides slick device-to-device messaging that's long been one of the crowning features of BB. Of course, Samsung just released its own ChatON cross-platform messenger.

We're a long, long way from this happening. And we're likely a long, long way from seeing the likes of BIS/BES integrated into Samsung Android phones if it should happen. (And there's no promising that Android-BB children would be born out of it anyway.) And it doesn't surprise us in the least to hear that RIM's shopping itself around. Or that it's talking to Samsung. Or that it's talking to everybody. Welcome to business, folks.

Source: BGR; via CrackBerry

 

Reader comments

RIM rumored to be eyeing Samsung for buyout, but don't get too excited yet

17 Comments

Why would Samsung buy BlackBerry OS? It's old boring doesn't do much. Android is so much better. BlackBerry OS sucks badly. This would be a bad move. Just let BlackBerry die already. Gosh.

Patents and BIS/BES. This would help propell Sammy from mainstreet to Wallstreet faster than if they tried to do it by themselves.

BIS/BES doesn't have the cache that it had even five years ago. Messaging technology and mobile device management has evolved, but RIM is trailing here now because of the BIS/BES requirement.

The patent package, on the other hand, is very appealing, and could be used to either deflect or counterattack Apple.

There isn't anyone left who cares about BIS, BES, or BBM.

What BlackBerry has that is interesting is patents, lots of early broad patents, not as good as Motorola, but close.

BlackBerry shares sold at $140 in June 2008...just before Android hit. That meant that to buyout all shares (the Market Cap) would have been $77B.

Today the market cap is $9B. Everyone is playing a game of chicken to let BlackBerry bleed as long as they can before they swoop in to take the carcass (patents).

Today a buyer would still have to offer $19B because the investors who remain are clinging to memories of the good old days. RIMM still claims that the value of it's buildings, patents, etc. is $19B.

BlackBerry still has to bleed out down to maybe $10-$15 a share before the vultures will swoop in.

Our best bet would be if Google bought RIMM for the patents. No one sues RIMM and so far RIMM is not really enforcing it's patents either.

Here are the charts on RIMM: http://finance.yahoo.com/q?s=rimm

Oh, you kids these days. So short-sighted and living so blissfully unaware of this thing called "the big picture".

The least you could have done was read the article...

Google buys Motorola. Samsung buys RIM (possibly mitigating or avoiding FTC scrutiny because both are foreign companies). Patents are cross-licensed.

This may have been the plan all along.

Maybe this is the only way RIM can get access to multicore processors? LOL I saw this rumor and I was very confused as to why Samsung would want RIM also.

I've never quite understood these types of rumors. Samsung has a good relationship with Google and it looks like they want to get Windows going as well. Samsung does not need it's own OS. Plus, if you are going to have your own OS, you need to support the "ecosystem" (apps, developer relations, etc) to go with it... why would Samsung, HTC, or any other hardware manufacturer want to take that burden on? Especially when webOS and RIM have shown it's so hard to get traction with developers nowadays.

RIM is a glorified pager company that has neither the talent nor the leadership to reverse their downward negative spiral. they got lucky running the table early bringing push email to mobile devices. but that's not enough anymore. i see no significant value in this dying company.

RIM lacks leadership, yes. RIM lacks talent I don't think so. IMHO I think RIM is capable of coming out with outstanding devices. The quality of RIM products is outstanding when compared to competition. The lack of good software is mainly due to lack of leadership that encourages innovation and pushes for best. Playbook was a promising device and it's probably still is but I think bureaucracy within RIM has been Playbook's demise IMO.