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Amazon considered buying RIM, but talks collapsed

by Dave Neal

21 Dec 2011

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Amazon investigated the possibility of buying RIM earlier this year, according to a report on Reuters claiming that Amazon hired an investment bank to look into making a bid for the troubled BlackBerry maker.

The report said that Amazon came close to buying RIM, but stopped short of actually making an offer. Details are light and the Reuters source is not identified, but it appears that the talks were fairly well advanced.

The source does not say why the negotiations were halted, nor whether any price was discussed.
 
Amazon was not the only firm courting RIM, according to the report, which claimed that there were several potential buyers.

Other sources told Reuters that RIM is most likely to attempt a revival on its own. The company may try to sign further licensing agreements and partnerships, and will make better use of its existing smartphones and messaging services rather than seek a buyer.

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