RIM has now become the next acquisition target
A wave of acquisitions in the telecommunications industry have continued to rise in a decade. Based on data compiled by Bloomberg, the largest acquisition in the last ten years in the wireless sector and manufacturer of telecommunications equipment is predicted to reach a value of 27 billion U.S. dollars this year.
Stewart Capital judge, after Google took over Motorola, other companies will likely try to increase the power by taking over RIM. Several companies have touted the potential is Samsung Electronics Co. and Microsoft Corp.. With the acquisition of RIM, the buyer can remain dominant in the smartphone business, has its own operating system, and offers a great security in their email servers.
"It gives the scale of potential acquisitions and a larger market share which is currently dominated by Google and Apple. Buying RIM is worthy of consideration by Samsung as Google has become a major competitor," said Malcolm Polley, chief investment officer at Stewart Capital in Pennsylvania .
Samsung spokesman, Kim Titus, declined comment on whether his company was considering buying RIM. Similarly, Peter Wootton, a spokesman for Microsoft, said it would not comment on rumors or speculation. The same thing also expressed by Marisa Conway, a spokesman for RIM.
According to the estimate of Morgan Keegan & Co., after Google agreed to acquire Motorola, RIM's sales value surged nearly doubled to 25 billion U.S. dollars. RIM's own shares rose 8.1 percent last week despite falling after the iPhone of Apple Inc. and Google's Android platform output takes its market share. RIM's own current value of about 13.5 billion U.S. dollars.
