News
 

Bookmark and Share

(0) 

IBM has informally approached Research in Motion, the company that makes Blackberry smartphones, in a bid to acquire the company's most valuable asset, the enterprise services unit, a news-agency reported on Friday. RIM reportedly decided to wait for Blackberry 10 platform to arrive before making any decisions regarding any transactions.

IBM made an unofficial approach to RIM about possibly of acquiring the division, which operates a network of secure servers used to support RIM’s BlackBerry devices and also owns numerous patents, reports Bloomberg news-agency citing two unidentified sources familiar with the matter. RIM reportedly turned down the offering from IBM, which could bring the firm $1.5 - $2.5 billion, so currently there are no ongoing negotiations.

Since enterprise-class Blackberry services is RIM's unique asset, it is not in the interests of RIM's shareholders to sell it without the smartphone business unit. Meanwhile, nobody wants to takeover unprofitable smartphone division, which is also losing market share to Apple iOS and Google Android. As a result, RIM prefers to wait and see whether smartphones based on BlackBerry 10 platform will be successful when they come out in early 2013.

“If they were to offload this, they are offloading their jewel. They want to give BlackBerry 10 a go, so I do not think this would happen until next year,” said Adnaan Ahmad, an analyst at Berenberg.

By contrast, taking over RIM's BlackBerry email services used by many enterprises, would make IBM's portfolio of business-oriented services not only richer, but unique. In fact, it is somewhat surprising why IBM did not acquire RIM completely only to keep the services and phase-out the hardware.

IBM and RIM did not comment on the news-story.

Tags: IBM, RIM, Blackberry

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month