Thursday, May 05, 2011

Will Microsoft buy BlackBerry-maker RIM?

“‘Will Microsoft buy RIM? That is a possibility and a fast track for Microsoft to gain a foothold in the mobile hardware business,’ says Harry Wang, director of mobile research at Parks Associates,” Pachal reports. “‘RIM’s market capitalization is only $25 billion and Microsoft has $48 billion in cash. If RIM’s value drops to $15 billion, it will become an attractive target for Microsoft. Maybe Steve Ballmer was planting that seed during his keynote appearance at Blackberry World,’ [Wang added.]“

From the article, "Will Microsoft buy BlackBerry-maker RIM?" by Peter Pachal

Next: Interest in Microsoft’s Surface tablet plummeted 53% after product details, price revealed

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