Reuters: Technology News: RIM considers splitting business in two: paper

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RIM considers splitting business in two: paper Jun 24th 2012, 14:27 Tweet Share this Email Print Related News Celestica to stop making products for RIM Mon, Jun 18 2012 RIM shares drop after minor board shuffle Thu, Jun 14 2012 RIM shares drop again; technicals weak Mon, Jun 4 2012 Analysis: Even after hiring bankers, RIM running out of options Wed, May 30 2012 Analysts skeptical as RIM reviews strategy Wed, May 30 2012 Analysis & Opinion What happens to Tribune after bankruptcy? The great newspaper liquidation A sign of Research in Motion (RIM) is seen at its headquarters in Waterloo, Ontario, January 22, 2012. Credit: Reuters/Geoff Robins LONDON | Sun Jun 24, 2012 10:27am EDT LONDON (Reuters) - BlackBerry maker Research in Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported. RIM, which last month said it had hired JP Morgan and RBC Capital to look at its strategic options, could break off its handset division into a separate listed company or sell it, the British newspaper reported without citing sources. Potential buyers would include Amazon and Facebook, it reported, adding that RIM's messaging network could also be sold, or opened up to rivals such as Apple and Google to generate income. An alternative option would be to keep the company together but sell a stake to a larger technology firm such as Microsoft, the newspaper said. (Reporting by Kylie MacLellan; Editing by Catherine Evans) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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