RIM shares rise on Microsoft takeover rumour
Shares of Research In Motion Ltd. are climbing on rumours that the BlackBerry maker may be bought by software giant Microsoft Corp. Microsoft may be looking to acquire Waterloo’s finest in response to Google’s meddling in the mobile space. At this point, pundits seem to be merely saying that it “makes sense”.”Microsoft has been mentioned as a possible buyer,” Frederic Ruffy, an analyst at options education firm Optionetics, told Reuters. “According to speculation, the software giant might be interested in RIM in response to Google’s recent announcement that it is interested in making its own mobile phone operating system, which would compete with Windows Mobile.” more
Engadget is calling it “A match made in hell: Microsoft eying RIM?”, more
update [08/31/2007 05:00 PM CST]
Why Microsoft shouldn’t buy the BlackBerry maker, from valleywag.
For Wall Street, it’s a juicy notion: Could Microsoft buy Research In Motion? It’s the kind of high-concept idea that gets traders afroth and keeps analysts busy churning out reports. It’s also — how to put this delicately — completely stupid. Yes, Microsoft could buy RIM — and yes, you could go out and buy a gun and shoot yourself in the face. Both are in the realm of possibility, and both are suicidal ideas. more
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