I do not want Blackberry to be bought out ..
I think that if Blackberry gets bought out by a chinese company, the DNA that makes the Blackberry unique will be lost.
I always thought that Apple should have purchased Blackberry as a hedge and for diversity. The only advantage I can see would be an infusion of cash and the knowledge that Blackberry will be around for the term of your contract. I still have a IBM thinkpad ( use once a year for my windows tax program) and my thoughts are that the thinkpad brand and device did not prosper under Lenovo.
If RIM gets bought out ( with some exceptions ) I would feel no brand loyalty at all.
- 01-24-13, 11:03 AM #2
Why do you think a Chinese company will buy RIM? Have lots of companies looked at RIM? Yes they have. Has Lenovo looked at them? Yes they have and it was confirmed today by the Lenovo CFO. Is RIM for sale? Yes it is. My guess is that the current owners would want a super ridiculous premium to sell now and I do not blame them. In reality a strategic alliance or licensing of the OS is a much more believable outcome.
- 01-24-13, 11:08 AM #3
Let's just take a seat and relax. News like this pops up all the time, and there's nothing we can do about it. This doesn't mean it will happen, it also doesn't mean that it won't. There's a huge process involved with buying a company, it could takes years, and that's assuming it actually goes somewhere.
For now, just relax, and look forward to January 30th.
- 01-24-13, 11:11 AM #5
Agreed and any buying price only goes up now that RIM's valuation starts to climb again. Optimal buying time for a takeover was when RIMM was ~$6 (and secretly I believe there are financial backers that would have made this very difficult still), now the stock is looking to triple and won't go back to single digits again unless BlackBerry 10 flops or confidence shatters from the inside.
- CrackBerry Genius
01-24-13, 11:19 AM #7
- 1,810 Posts
All publicly quoted companies are for sale. Every single one of them - that's why you can buy shares on the open market. Which means that all publicly quoted companies have speculation about people buying them. It's the way it is. If you don't want a company to be bought, take it private. A big enough offer to anyone and they'd say yes. That's how it works.
- 01-24-13, 11:57 AM #11
That said AT&T tried to buy Tmob here in the States last year and that didn't go well - much to AT&T's chagrin, so I guess it could happen, but I think they (AT&T) were really shocked when they were told no. I surely cost them a whole lotta money
- CrackBerry Abuser
01-24-13, 05:11 PM #13
- 160 Posts
Likely the scenario is Lenovo partnering RIM or in licensing BB to sell in China. If that is the case ,then good for RIM if they can swing this ..opening up the huge Chinese market.
However just wondering if the Chinese govt will allow a secure network like RIM to operate freely there given their history of containing "free" speech
- 01-24-13, 05:36 PM #15
I want whats best for RIM and us as there true clients. I have been thru many a bank merger and key people get lost in the transition. I feel that RIM has a solid group of head managers and I hope they stick around to see what they have started with BB10.
- 01-24-13, 07:22 PM #16
- CrackBerry Addict
01-24-13, 11:08 PM #17
- 508 Posts
I think we can safely assume the Canadian government would never allow the sale of RIM to a Chinese company. RIM's phones are in the hands of millions of government workers in Canada and the US, and their QNX OS runs nuclear reactors and critical defense systems all across North America and the World. Considering trust between the two nations is about 0%, the chance of that deal going through is 0% as well.
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