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Whoa, Amazon considered buying BlackBerry maker RIM

I assume Amazon.com actually is critical about moving into the cell phone enterprise. Reuters today reported that the Seattle on-line retailer considered buying RIM a couple of months in the past, however the BlackBerry maker rebuffed the overtures.

In line with Reuters, Amazon employed an funding banking agency this previous summer time to try RIM, which has been struggling to retain market share towards rivals similar to Apple and Google’s Android. Reuters reported that it was unclear whether or not a worth was ever floated, nevertheless it quoted an unnamed funding banker who stated RIM has had “approaches from people who’ve needed to have discussions.”

RIM has lengthy been the topic of buyout rumors.

Over the previous few years, enterprise capitalists on the Washington Know-how Business Affiliation’s annual predictions dinners have steered that RIM would make a gorgeous buyout candidate. However these predictions normally have centered round Microsoft, not Amazon.com.

The truth is, a separate report out right now by The Wall Road Journal stated that Microsoft and Nokia considered a joint bid for RIM. On the WTIA predictions dinner in November, enterprise capitalist Rob Glaser stated a Microsoft bid for RIM would make numerous sense. “When it comes to single strikes out there, that will be one of the best out there transfer,” Glaser stated on the time.

Reviews have circulated recently that Amazon is aiming at pushing deeper into the cell enterprise.

Might RIM be the reply?

Properly, the corporate is bound a heck of lots cheaper than it was 12 months in the past. The Canadian firm has lost 77 percent of its worth, and now has a market worth of $6.7 billion.

That’s nonetheless numerous coin. If Amazon have been to bid, it could be the most important acquisition within the firm’s historical past.

Reuters notes that talks a few partnership are nonetheless occurring between RIM and Amazon.

What do you concentrate on a RIM-Amazon tie-up? Good concept? Dangerous concept?

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