Blackberry RIMM buyout coming ???

From Briefing.com in Feb 05 maybe the settlement is what IBM wanted.


Nokia. Microsoft. Motorola. Hewlett-Packard. IBM... These giants of tech and telecom have all been named over the past two years as possible acquirers of Waterloo-based Research in Motion Ltd., whose immensely popular Blackberry email and mobile phone combo has made it an investment darling and rumour magnet. The Wall Street Journal, citing recent analyst reports and the tremendous growth of Blackberry sales, asked three weeks ago whether RIM, Canada's largest technology company by market valuation, will soon get scooped up by a major handset or software maker looking to tap the growth potential of wireless email, particularly in the corporate world. Co's tantalizing growth may be too difficult for others to resist. Kona Shio, an analyst with Conscius Capital Partners in Montreal, gives a RIM acquisition a 50-50 probability. Jim Balsillie, co-chief executive officer of RIM, won't comment directly on acquisition rumours. But in an interview with the Star he did go into great detail to explain why Blackberry just wouldn't taste the same if tossed in a bigger company's fruit basket. Investment houses, such as Goldman Sachs, have recently suggested that Finland's Nokia and Motorola are circling RIM -- or should be.



Tech