Tuesday, January 17, 2012

Samsung Is Not Interested In Buying RIM, Nor Has RIM Approached Samsung To Discuss The Matter

Directly following up on the rumors of a Samsung acquisition of Research In Motion, Samsung has now come forward to lay down some official word on the matter. In speaking to Reuters, Samsung spokesman James Chung noted:
"We haven't considered acquiring the firm and are not interested in (buying RIM)," 
To address the news further, James Chung also noted that Research In Motion had not approached Samsung on the matter. Research In Motion stock saw a rise of over 10% with the news but with Samsung now confirming it to be nothing more than a rumor -- we'll see where the stock ends up.

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