Toronto Life - The Informer

Insider intel on the politics and personalities shaping the city. Sign up for Preview newsletter for weekly updates



Rumours circulate (yet again) that Samsung could buy RIM

A rumour runs through the tech world every few months that handset maker Samsung is thinking of licensing Research in Motion software or even buying the company outright. And every few months, that rumour is quickly quashed. Kicking off the latest round was Jefferies and Company analyst Peter Misek; he said that RIM is trying to revive discussions with Samsung about a licensing deal for the upcoming BlackBerry 10 operating system, and that Samsung may even buy RIM after BB10 launches. RIM shares rose more than five per cent early yesterday on the news, but—in keeping with the usual pattern—Samsung quickly announced it has not considered a partnership with RIM. (Someone send those excitable investors a memo.) [Globe and Mail]