Thursday, June 28, 2012

RIM Will Split Its Business Into Two; Facebook Likely To Be A Buyer


Manufacturing handsets in Canada would have been considered an unwise move, and RIM could not change that fact. Fresh reports suggest that the BlackBerry-maker is planning to divide its current set up of the handset division and messaging network into two different entities, and sell away its ailing BlackBerry hardware unit. Although reports don't specify sources, but the Sunday Times goes on to speculate that Facebook and Amazon have been pitched as "potential buyers". If this plan is enforced, RIM might hold on to its messaging and data network, which includes BBM, BIS, and BESand licence them out instead.
Over the last few months, RIM CEO Thorsten Heins had speculated that the company doesn't want to be sold, and that they are looking at "opportunities to leverage the BlackBerry platform through partnerships, licencing opportunities and strategic business model alternative". Reports further suggest that the news may be made public well before the BlackBerry 10 OS launch. How this will help the company and its new OS, which could have helped it turn tides, only time will tell.

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