RIM considers splitting business in two - reports

Advertisement
By Reuters | Updated: 25 June 2012 09:27 IST
BlackBerry maker Research in Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.

RIM, which last month said it had hired JP Morgan and RBC Capital to look at its strategic options, could break off its handset division into a separate listed company or sell it, the British newspaper reported without citing sources.

Potential buyers would include Amazon and Facebook, it reported, adding that RIM's messaging network could also be sold, or opened up to rivals such as Apple and Google to generate income.

An alternative option would be to keep the company together but sell a stake to a larger technology firm such as Microsoft, the newspaper said.

Advertisement

Copyright Thomson Reuters 2012

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Flipkart Buy Buy 2025 Sale With Discounts on iPhone 16 Begins on This Date
  2. Realme P4x 5G Launched in India With 7,000mAh Battery: See Price, Features
  3. Apple Watch's Hypertension Notifications Feature Comes to India
  4. Realme Watch 5 Launched in India With Up to 16-Day Battery Life: See Price
  5. Flipkart Buy Buy 2025 Sale: Nothing Phone 3, Phone 3a Deals Revealed
  6. Xiaomi 17 Ultra Could Launch With This Notable Design Change
  7. Pranav Mohanlal's Horror Thriller 'Dies Irae' Streams on OTT Soon
  8. Redmi 15C 5G First Impressions
  9. Google Brings In-Call Scam Protection to Banking Apps: Here's How It Works
  1. Supermoon and Geminid Meteor Shower 2025 Set to Peak Soon: How to See It
  2. Flipkart Buy Buy 2025 Sale: Nothing Phone 3, Phone 3a, CMF Phone 2 Pro, More to Get Discounts
  3. Poco C85 5G Colourways, Design Revealed Ahead of India Launch: Expected Specifications, Features
  4. Flipkart Buy Buy 2025 Sale Date Announced; Discounts on iPhone 16, Samsung Galaxy S24, and More Expected
  5. Apple’s Design Chief Responsible for Liquid Glass UI Reportedly Departs to Join Meta
  6. Realme Watch 5 Launched in India With 1.97-Inch AMOLED Display, Up to 16-Day Battery Life: Price, Features
  7. Oppo Pad 5 Receives BIS Certification, Suggesting Imminent Launch in India
  8. Global Foldable Shipments Increase in Q3 2025 as Samsung Retains Market Lead: Counterpoint
  9. Xiaomi 17 Ultra Design Spotted in Leaked Image That Hints at Redesigned Rear Camera Module
  10. Netflix Reportedly Sells Spry Fox Back to Founders as Company Shifts Gaming Strategy
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.