Nope, Not Interested: Samsung Denies RIM Buyout Report

Looks like Research in Motion will have to keep on moving. Samsung said it isn’t looking to buy out part or all of RIM, refuting a report yesterday that reinvigorated investor interest and heightened speculation over the future of the struggling BlackBerry-maker.

“We haven’t considered acquiring the firm and are not interested in (buying RIM),” said Samsung spokesman James Chung in an article today by Reuters. The story also says that Samsung has not been approached by the Canadian firm for a takeover and is not interested in licensing RIM’s mobile platform, contrary to the original speculation on the web yesterday.

That doesn’t mean that all hope’s lost for RIM. Other Asian companies like LG Electronics Inc, HTC and ZTE may be interested in what RIM’s offering. As such device-makers do not have their own platform, RIM could prove to be a useful prospective purchase, according to an unnamed source in the Reuters article.

RIM’s backpedaling stock direction is occasionally offset by jumps in its share price when rumors of takeovers abound. According to Bloomberg, the stock surged 8 percent after yesterday’s report.

Image provided by Shutterstock and Janina Dierks.

Email* (will not be published)
*Indicates required field
Submit Comments

All Product Types Accessories Cars Digital Camcorders Digital Cameras eReaders GPS Laptops MP3 & Video Players Projectors Smartphones Software Storage Tablets / MIDs VoIP Wi-Fi
All Subcategories
All Subcategories All-Purpose Budget Business Desktop Replacement Gaming Multimedia Netbook Nettop Rugged Student Tablet PCs Ultraportable
Acer Alienware Apple Archos ASUS Averatec BenQ CTL Corp. Dell Digital Storm eMachines Emtec Everex Fujitsu GammaTech Gateway General Dynamics Getac Gigabyte Hercules HP HTC iBuyPower Intel Lenovo MSI Nokia Nvidia OCZ OLPC OQO Origin Panasonic Sager Samsung Sony Sylvania Systemax TabletKiosk Toshiba Verizon Viewsonic Viliv VooDoo Workhorse PC ZT Systems
Minimum Rating
Any Rating 4.5 Stars 4.0 Stars 3.5 Stars 3.0 Stars
Screen Size
10 11 12 13 14 15 16 17 18 20 4 5 6 7 8 9
1024x576 1024x600 1024x768 1200X800 1280 x 720 1280x1024 1280x768 1280x800 1366x678 1366x768 1440x1050 1440x900 1600x768 1600x900 1680x1050 1680x945 1920x1080 1920x1200 800x400 800x480
Weight Range
10.1 - 12.0 pounds 12.1 - 14.0 pounds 14.1 - 16.0 pounds 2 lbs 2 pounds and under 2+ lbs 2.1 - 4.0 pounds 4.1 - 6.0 pounds 6.1 - 8.0 pounds 8.1 - 10.0 pounds Over 16 pounds Under 2 pounds
more options