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Samsung: We are Not Interested in Buying RIM

Following this morning’s wild rumor that RIM was hoping for a takeover by Samsung, the Canadian-based company’s stock jumped more than 10 percent. We just have one thing to say following a new report out of Reuters – if you bought stock pre-rumor, you may want to sell immediately as Samsung came out this afternoon to shoot down the story.

“We haven’t considered acquiring the firm and are not interested in (buying RIM),” Samsung spokesman James Chung said.

One thing they did not mention is whether or not they have been in talks to license any of RIM’s products, but we’ll take their spokesman’s word on this one. For now, that is.

Via:  Reuters

  • http://www.facebook.com/profile.php?id=100001874922537 Will Frame

    So Samsung is wise. Goodnight, RIM.

  • Anonymous

    Samsung: “These aren’t the Droids we’re looking for. You can go about your business. Move along.”

  • Anonymous

    ouch.

  • GCurry

    Having run M&A for a computer company for a few years, I’ll just say that announcing to the world you want target X to buy you is NOT the way to do it.   Unless you want a 1 day spike in stock price, in which case watch for insider sales at RIM.

    My sense is, unless there is something in their patent portfolio, they are now damaged goods.   No installed base that isn’t going away anyhow, no technology to integrate, absorbing a different dev culture (headache), and the good individual developers can be picked off anyhow.

  • http://www.facebook.com/profile.php?id=10602828 Mike Hilal

    Google should buy rim…then incorporate BB style email/the best parts of BBM into android and scrap the rest. 

    • http://www.facebook.com/profile.php?id=100001874922537 Will Frame

      That’s a pretty expensive purchase for something Google could design themselves. And BB Mail isn’t all that. Activesync is just as good if not better and doesn’t require ridiculous licensing fees and extra servers.

  • Anonymous

    that’s like getting kicked in the corporate balls by another company. *applause*

  • reyalP

    Let it be said, Apple killed the music industry, and Apple killed RIM!  RIM didn’t help their own situation either. Must have hired Apple employees.

    • Philip A. Kaiser

      I thought Apple did more good for the music industry than bad. I know people harp that the artists only recieve a small portion of the 99 cents from each song. Well, sorry, but a portion of 99 cents is more than nothing, which is what musicians are making off of CDs these days. At 99 cents, at least some people try to stay honest and pay for their music.  If the industry is dead, I say good riddance. Beethoven, Motzart, and many of the other most famous composers/artists of all time, died poor. Like them or not, you know their names and we are hundreds of years past their deaths.  Our musicians these days are millionaires and they are lucky if their music is even remembered from one year to the next, let alone decades and centuries.  I emphasize the word “most.”

      • Anonymous

        “Akon” says “I just had sex” with a heavy auto tuned voice and dude has his own helicopter….the “artists” get WAY MORE money than they deserve. 

  • Philip A. Kaiser

    RIM has some things that could be of use to Samsung. I would be interested based off of their properties, manufactoring capabilities, and facilities. (which are all undervalued right now) Like buying an old chicken, cut the head off, gut it, and make your favorite recipe with it. No one will know where it came from, nor do they care.  

  • ad78

    RIM engineers has “stagnant” brains good for you Samsung.

  • ad78

    RIM engineers has “stagnant” brains good for you Samsung.

  • Anonymous

    If Samsung announced they were intrested other companies would get involved, some for the sake of simply driving up the buying price.

    This announcement means nothing, they could very well be very interested in buying RIM.

  • Anonymous

    If Samsung announced they were intrested other companies would get involved, some for the sake of simply driving up the buying price.

    This announcement means nothing, they could very well be very interested in buying RIM.

  • Anonymous

    If Samsung announced they were intrested other companies would get involved, some for the sake of simply driving up the buying price.

    This announcement means nothing, they could very well be very interested in buying RIM.

  • Tim

    MOTO should consider buying RIM(But highly doubt they have the Chance/money) This would really help out Google since it’s acquiring Motorola anyways. (Think it be suspicious looking to Sammy & HTC )

  • Anonymous

    Add me to the list of people not interested in RIM…

    • FortitudineVincimus

      Does anyone like RIM? Hell, do they even still make anything of value? Oh wait, 1 thing.. BB Messenger :rolleyes:

    • angermeans

      Lol your comments always amuse me my friend.

  • shdowman

    Ahhhh….

    BGR strikes again. Such a reliable source of news they are… /s

    • John

      Already a comment of the year. I can’t stand BGR. I remember when they weren’t bias (LONG time ago)

    • John

      Already a comment of the year. I can’t stand BGR. I remember when they weren’t bias (LONG time ago)

    • John

      del this. stupid disqus messed up

    • http://www.droid-life.com Tim-o-tato

      They have one writer I love very much :)

    • Anonymous

      No joke…I could care less if they’re all Apple fanboys, but they constantly make things up just to get hits on their webpage. SMH

  • http://www.twitter.com/nblufire12 Nathan Patel

    Good don’t waste your money Samsung!