Tuesday, August 14, 2012

"IBM Plans to Buy BlackBerry Enterprise If BB10 Flops"

Blackberry

Research In Motion (RIM), the company behind BlackBerry, is banking its hopes and dreams on its upcoming QNX-based BlackBerry 10 mobile OS. RIM is trying to overcome the challenges of a weakening brand image, a very saturated market, and a shrinking engineering department. But in case the public would not embrace new mobile operating system come launch time next year, there is a reported backup plan.

Citing sources close to parties knowledgeable of the situation, Bloomberg reports that IBM is serious in purchasing BlackBerry’s enterprise division. RIM, however, would rather put the potential sale on hold as the company waits to see whether BB10 would become a hit.
Delaying a potential purchase would actually become beneficial to IBM. In case BB10 would fail, RIM may become desperate and sell its prized unit at fire-sale-level price. The BlackBerry Enterprise unit has made US$4.1 billion in service fees charged to mobile carriers last year and is currently valued at $1.5-$2.5 billion.
But a question still lingers: who would purchase the phone unit? No one–according to Bloomberg’s insiders–have expressed interest in buying RIM as a whole unit, as well as interest in buying the struggling phone unit.
Source: Bloomberg, via Daily Tech
Photo credit: Jefri Aries/Zuma Press

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