blackberry facebook Facebook may acquire Research In Motion to develop smartphone

Before 2006, Facebook was a college dropout’s project, but six years later that same Facebook might take over Research In Motion (RIM)—a multibillion dollar company.  Facebook recently bought out Instagram for about $1 billion, and then rumored to also be in the process of buying out Opera for $1.4 billion.  RIM’s market cap is about $5.2 billion—that’s five times Instagram’s check!

blackberry facebook(1) Facebook may acquire Research In Motion to develop smartphone

Before 2006, Facebook was a college dropout’s project, but six years later that same Facebook might take over Research In Motion (RIM)—a multibillion dollar company.  Facebook recently bought out Instagram for about $1 billion, and then rumored to also be in the process of buying out Opera for $1.4 billion.  RIM’s market cap is about $5.2 billion—that’s five times Instagram’s check!

One of the major factors that may have contributed to Facebook’s IPO disappointment is that Facebook doesn’t have anything tangible.  Eighty-two percent of Facebook’s revenues come from advertising, and that alone may have prevented investors from snatching up Facebook’s stocks. 

“Facebook is under pressure from investors and needs a long term project,” according to Paul Amsellem— Mobile Network Group’s marketing expert.

174588 525 336 Facebook may acquire Research In Motion to develop smartphone

Facebook’s current business structure is not sustainable, and an entry into hardware development will help boost investor’s confidence.  Surely we have seen this scenario before for other companies, and in most instances it seems to work.  Microsoft started out as a software company, and down the road the Xbox was born.  Google was just a search algorithm, but now it’s involved in just about all aspects of hardware development in many sectors.

If the expert’s prediction is true—that, Facebook will acquire RIM—then the world may see another smartphone platform in the making.  The BlackBerry 10 may turn into a “Facebook-enhanced” smartphone.  Facebook can capitalize on its advertising dominance through apps and other features of a smartphone, especially on a phone that they develop themselves. 

So long BlackBerry 10.  Hello FaceBerry Uno.

Source: ibtimes.co.uk