(Updated) A Doozy Of A Rumor: RIM Looking At Samsung For Acquisition

Update: In a statement provided by Reuters, a Samsung spokesperson said the company is not purchasing Research In Motion. The spokesperson did not address the reports that Samsung is considering licensing RIM software, or purchasing a portion of RIM’s assets.

Here’s one rumor that’s too hard to pass up posting…

According to the folks at BGR, RIM is actively seeking potential candidates to buy the company, stating that Co-CEO Jim Balsillie has met with “almost every company that might be interested” in all the company or parts of it. With an asking price of $12-$15 billion, RIM’s top choice is Samsung.

Samsung had a fantastic 2011 and they are an obvious choice, especially given that they have fallen behind Motorola in terms of adopting the enterprise market. There is little question that RIM, no matter how much trouble the company finds itself, is the clear leader in the enterprise market, a market they helped shape.

So what would Samsung want out of RIM? Blackberry Messenger is an obvious and major selling point. Adding BBM to Samsung’s portfolio would definitely help distinguish Samsung’s Android offerings from the rest of the pack. Samsung could better differentiate itself on both the software and OS level, moving control away from Google and into their own hands.

A source with knowledge of the negotiations says “Jim is going hard after Samsung.” So why hasn’t a deal been struck? The source says RIM is asking for too much money. The BGR source says RIM is looking for more than $10 billion, likely somewhere in-between $12-$15 billion against a market capitalization of just $8.5 billion at the time of this writing. Most analysts consider RIM’s $8.5 billion market cap generous given the bad news after bad news that seems to befall RIM lately.

Both Samsung and RIM declined for comment on the BGR report.

BGR

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  • Deceptivesmiles

    A doozy of a rumor is right. I could see this working. RIM has been on a decline since Google really established itself in the mobile market, not to mention Apple as well. Its hard for RIM to keep creating BBs w/o upsetting the consumer and keeping with the times. its a catch 22 for them.

  • http://twitter.com/SParKlngCyaNide SparklingCyanide

    what would the point of this be.  Samsung doesn’t need RIM and their product lines are so dissimilar that while I know they could maybe merge them together, it’d be quite the headache…  I don’t see this happening really.  Only good thing is its Enterprise and BBM technology.

  • Galaxynexus

    I would give them maybe on a good day $12 dollars. They are worth nothing in my book.

  • Arturo Atherly

    considering who they are they should call themselves, RISM…..Research In SLOW MOTION!!!!!

  • Let’s __Rock

    Given  the state  of marriages today, I would love to see a  marriage between  RIM and Samsung. I know they would produce some beautiful babies (devices). Right?!

  • Anonymous

    Why buy RIM? Just let them choke themselves out of the market. Their phone designs are tired and old.

  • Havoktek

    Holy digital underground! What a rumor….I can’t see the advantage in Samsung acquiring RIM, I think it would just bring the brand down.

  • http://www.facebook.com/people/Bryan-Sandoval/100000923966773 Bryan Sandoval

    think about the security that android lacks from a business stand point, not to mention those patents related to securing your mobile device.

  • Gsm1900

    Lots of people in the comments keep asking.. Why?

    There are several reasons. First of all.. patents. RIM has a boatload of them, and they are increasingly valuable, especially with Sammy’s fights against Apple. Next up: ENTERPRISE. Very few people get to see Enterprise Business customers, but they are concerned with very different things than consumers. Security, Support, etc. It is very hard for an organization with thousands of end users to support Android, as the Android devices are sooo fragmented with OS and customization. RIM’s products all look the same, and have always looked this way; this is way easier for an organization to support. Finally, for all the things RIM does wrong, it does some things right. It takes very good care of it’s carrier partners (the wireless carriers) and works closely with them to ensure that the sales staffs are trained and knowledgeable about their products. It also still has the best physical keyboard on a smartphone (regardless if you think a physical keyboard is necessary, MANY people still do).

    It Sammy can snap them up at a good price, I think it would be smart.

    • Vim

      I agree with you on patents, but disagree with you on enterprise, or at least with the way you’ve argued it.  Blackberry OS has fallen way behind, is shedding customers left and right, and is in the process of going extinct.  Samsung could try to save Blackberry OS by investing huge resources in it, but it would likely be too late. Furthermore Samsung has Bada, its own home-brew OS which is even easier for it to support since Samsung wrote it.    They don’t need two OS’s of their own to support, squabbling with each other over resources.  

      It would be more cost effective to raid Blackberry for key goodies like Blackberry Messenger and tie them into Samsung’s Android and Bada lines to further distinguish them from the rest of the android pack and/or to give Bada a big push into the enterprise.  It’s also possible that Samsung might give Bada a Blackberry-like interface, put it on devices with Blackberry-like keyboards and call it the new Blackberry.

      What Samsung would get in terms of the enterprise are the following:

      1) Blackberry’s enterprise customer list
      2) Blackberry’s enterprise sales staff
      3) Blackberry Messenger
      4) The Blackberry name
      5) There are probably some crack devs they will try to grab, but those devs will most likely be required to move to a new city if they want to keep their jobs.  The rest will get laid off.

      I could see Samsung buying RIM, or at least select pieces of it, but I highly doubt they’d be willing to pay $12-15 billion for it. Time is working against RIM, their value is only going to drop as they slowly circle the drain, and both companies know it. 

    • Anonymous

      I’m sure they have a great deal of patents, but i’m not sure if those are even that valuable anymore considering how far many of their competitors seem to be progressing without infringing on any of rims.  At most i think it would add weight to sammy’s portfolio  but i still think it’s a stale buy for anyone.  RIM destroyed itself.  It’s hard to want to give a suicidal person an organ transplant.

  • Anonymous

    Samsung has already dispelled this rumor.  Not intrested.  Never was.  Never will be.

  • Home Studio 54

    I see Samsung Messenger, QNX, Touchwiz Interface, and the ability to run android apps.

  • BGRengadget

    Blackberries are a cool devices, but not as cool as android or the ipoop device, their problem is-was that their prices, I woudlnt paymore for a device that does less than android or the ipoop …no way

    • Anonymous

      make fun of the i-devices all you want, but as an Apple share holder… i’m iPooping on you and everyone else right now!!!

      446 a pop BABY!!!!!

      input evil laugh:  MUAHAHAHAHAH!!!!!