VR-Zone

 

The online bookstore turned tablet computer maker hired an investment bank during the Summer to review a potential merger with RIM, according to Reuters, but it ultimately failed to make a formal offer.

 

RIM's co-CEOs, Mike Lazaridis and Jim Balsillie, do not want the company to be bought, however, despite facing plummeting market share as Apple and Android devices continue to grow. They want to sort out RIM's problems internally, including focusing on BlackBerry Messaging and restructuring the company, rather than relying on a more successful company like Amazon to do the job for them.

 

 

RIM did not rule out licensing deals or commercial partnerships, however, and this could be an area where RIM benefits from the growth of other companies. Apparently Amazon is still in talks with RIM over this. If Amazon was able to push a BlackBerry Kindle for businesses, or some other combination of their assets, both firms could reap significant rewards.

 

Samsung and Microsoft have also considered bids for RIM at some point, but interest is likely waning as the company struggles to stay relevant, particularly with the lengthy delay of its BlackBerry 10 platform.

 

Source: Reuters