Samsung says they don’t want to buy RIM

By on January 19, 2012
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World’s largest smartphone maker says they’re not interested in RIM.

A report by BGR that came out on Tuesday fired speculation that RIM has been trying to woo various smartphone makers to take over their company, Samsung in particular.

Jim is going hard after Samsung,” told a source to BGR, with knowledge of the negotiations. As news of these behind the scenes negotiations came to light, RIM’s share prices jumped more than 10%.

However, Samsung came out with a statement yesterday, telling Reuters that they haven’t even been approached by RIM for any takeover talks. ”We haven’t considered acquiring the firm and are not interested in (buying RIM),” Samsung spokesman James Chung said.

While Samsung has claimed that they are not interested in buying RIM as a whole, perhaps at the right price point (as share price of RIM tumbles further after this news of denial by Samsung), it is very much possible that Samsung may buy part of RIM’s patent portfolio.


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From auditing to editing, I now test and analyze the latest gadgets and games instead of the latest financial statements. Both jobs are equally intense and rewarding. When I'm not burning up hardware in the name of science, you'll find me nuking in DOTA 2 or engineering in TF2.

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