RIM to split its business in two?

RIM to split its business in two?
According to the UK's Sunday Times, RIM may be looking to split its business to stay alive.

RIM could separate its handset manufacturing division from its popular messaging network, and has hired JP Morgan and RBC Capital to look into "its strategic options."



Most likely, the report reads, RIM will sell its handset division rather than just split it into its own listed company.

Potential buyers are Facebook and Amazon, notes the paper, without citing sources.

RIM's messaging network will also likely be opened to Apple and Google as a way to generate income through licensing.

Written by: Andre Yoskowitz @ 24 Jun 2012 15:43
Tags
Blackberry RIM Smartphones split
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  • 2 comments
  • LordRuss

    Remember, when in the bowels of the ship & disoriented: follow the rats or go against the flow of water...

    http://onlyinrussellsworld.blogspot.com

    25.6.2012 11:35 #1

  • xtago

    Don't know if that will happen.

    I can how ever say RIM have been doing a huge AD push in Australia in shopping centers etc.

    So that might help them out some what with lagging phone sales.

    27.6.2012 05:52 #2

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