RIM May Split Into Two, Facebook, Amazon Potential Buyers

Research in Motion held its own for some time against the smartphone biggies, but with the steady rise of Apple and Android, the compnay now appears to have become a mere shadow of its former self and according to a report by CNET, who have gathered information from a British newspaper, The Sunday Times, the brand is doing all that it can to keep itself afloat and in the process may be splitting the company into two.

The report by CNET states, “Research In Motion is considering a plan to split its company in two, separating its handset division from its messaging network and selling off the struggling BlackBerry hardware business, according to The Sunday Times.”

The British newspaper did not cite any sources, but they did mention Facebook and Amazon as two of the potential buyers who are interested in acquiring Research in Motion. Sticking to the topic of potential buyers, the report went on to add that Research in Motion could remain intact, if a large tech company, such as Microsoft acquired “a large stack of the brand”.

Team TechPanda

Recent Posts

Regulators Draw the Line on Crypto: Europe Tightens, US Divides as Stablecoins Surge

A global regulatory reset is underway in crypto and it is unfolding along sharply different…

2 days ago

The Rise of AI Governance Will Create a New Category of Tech Talent

India’s AI journey is entering a new phase of maturity, marked by a shift from…

3 days ago

Game On: India’s New Rules Legitimize Esports, Tighten Grip on Online Gaming

As per a recent development, The Ministry of Electronics and Information Technology (MeitY), as the nodal Ministry,…

3 days ago

New tech on the block: Fintech, Voice Technology, EdTech & Cybersecurity

The Tech Panda takes a look at recent tech launches. Fintech: Solution to Elevate Banking…

4 days ago

The AI Divide Was Predicted in 1909—And We’re Living It Now

What a century of sci-fi reveals about the choices that will determine the AI transition…

5 days ago