Samsung denies it has interest in buying RIM

Samsung denies it has interest in buying RIM
Just hours after multiple sources reported that BlackBerry maker RIM was seeing interest from buyers, one of the alleged companies has denied the rumors.

Samsung, the second largest phone maker in the world (by volume) has said they have no interest in acquiring RIM. RIM's stock had jumped 10 percent during the day on the rumor, but has since faded after the denial.

More specifically, Samsung spokesman James Chung says: "We haven't considered acquiring the firm and are not interested in (buying RIM)."

Chung also noted that RIM had not contacted them looking for a takeover.

The earlier rumors had claimed that RIM co-chief executive Jim Balsillie was negotiating with companies that were looking to license its software or buying part or all of the company.

Written by: Andre Yoskowitz @ 17 Jan 2012 21:33
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  • 1 comment
  • hearme0

    I don't believe it myself and don't blame them for denying. Kinda like coming outta the closet when you're young and just not ready.

    18.1.2012 17:19 #1

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