RIM May Sell Its Handset Business, May Be To Facebook Or Amazon

Posted on Jun 25 2012 - 4:25am by Editorial Staff

The troubled Blackberry maker Research In Motion is considering a plan to divide its handset business and messaging network into two separate companies, and over the top will sell off its struggling BlackBerry business, The Sunday Times reports. The publication without citing any sources, says that Facebook and Amazon are both “potential buyers” if this happens in real.

The company even recently hired RBC and JP Morgan to help it to conduct a strategic review. Further, one more chance is probably coming out is that the company would sell a largest piece of stake to a corporation like Microsoft. Well, that’s the option, although the company already geared up to start firing up its 6,000 employees so as save $1 billion by the end of fiscal year.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.