Beleaguered RIM gains on report Samsung interested in buying struggling BlackBerry maker

“Research In Motion Ltd., maker of the BlackBerry smartphone, advanced as much as 9.8 percent after a report that Samsung Electronics Co. may be interested in buying the company,” Scott Moritz reports for Bloomberg.
“Samsung may be interested in buying RIM, and no deal has been made because Waterloo, Ontario- based RIM is asking too much, the blog BGR reported today, without identifying its sources,” Moritz reports. “An acquisition of RIM, whose stock fell 75 percent last year amid market-share losses, would give Samsung an operating system that would help it differentiate from competition as it seeks to stay ahead of Apple Inc. Samsung now makes phones based on Google Inc.’s Android software and Microsoft Corp.’s Windows Phone, operating systems also used by rivals such as HTC Corp.”

Moritz reports, “Short of an acquisition, RIM could strike a technology- licensing deal with Samsung, said Tavis McCourt, a Morgan Keegan and Co. analyst in Nashville, Tennessee.”


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