RIM said to have hired Goldman Sachs to broker RIM buyout
It seems things just keep getting worse for Research In Motion (RIM). According to rumors, the maker of handsets such as the Blackberry 9900 Bold Touch and the Blackberry 9360 Curve has hired Goldman Sachs, an investment bank, to look for potential buyers for the ailing Canadian phone manufacturer.
The news comes to us via Reuters. According to their source, a trader who wishes to remain anonymous, RIM has hired the investment bank. However, the trader added that this is not an indication that RIM will be sold anytime soon. Despite this, this adds more fuel to the flame when it comes to rumors of RIM looking to sell itself to the highest bidder. According to rumors, potential buyers include Microsoft, Nokia, and Amazon. However, the three are said to have changed their minds at the last minute.
RIM has suffered a disastrous 2011 and is said to further roll downhill this year. Furthermore, 75% of Blackberry users are considering switching over to either Android or Apple. Despite this, RIM still holds significant shares in the business enterprise market. Moreover, we’re sure a number of companies in the mobile phone industry would like to get hold of RIM’s vast patent portfolio.
There is no doubt that RIM is in serious trouble. However, is this rumor true? Is RIM on the lookout for potential buyers? Unfortunately, there’s no way to confirm these reports. We’ll just have to wait and see.
