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RIM may sell handset business to Facebook or Amazon

Zach Epstein
June 25th, 2012 at 8:00 AM

Struggling smartphone maker Research In Motion is reportedly considering a sale of its hardware business as the company continues to explore options that might help it recover. Following news that another round of layoffs has already begun at the Waterloo, Ontario-based company, Reuters cites The Sunday Times in reporting that RIM is now considering an outright sale of its BlackBerry hardware business. Among the companies identified as potential buyers are Facebook and Amazon, though it is unclear if RIM is actively negotiating with either of the companies. The Sunday Times, which did not cite any sources in its report, also claims that RIM is considering selling a stake to a larger company such as Microsoft, thus allowing it to keep its hardware and software businesses together.


Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.

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