RIM draws interest from IBM

13/08/2012

RIM Draws Interest From IBM

Research In Motion's (RIM) enterprise-services unit, seen as the company's most prized asset, has reportedly been the subject of interest from International Business Machines (IBM).

IBM made an informal approach about the possibility of acquiring the division, which operates a network of secure servers that are used to support BlackBerry devices, Bloomberg reports.

The new provider claimed that sources close to the situation said no interested party had shown any inclination to purchase the whole of RIM and so the firm may wait until the rollout of BlackBerry 10 mobile phones.

The Sunday Times reported in June that RIM is looking to sell its handset business in order to ease the strain on the company, which has suffered from a falling market share in recent months.

Analyst at Berenberg with a sell rating on RIM's shares Adnaan Ahmad commented on the situation: "If they were to offload this, they are offloading their jewel. They want to give BlackBerry 10 a go, so I don't think this would happen until next year."

Posted by Peter Robinson

Mobile phone recycling