With a market cap that has fallen from $83 billion in 2008 to $13 billion currently — an 82 percent decline — rumors are popping up that RIM is ripe for takeover, possibly by Microsoft or Dell. A potential buyer would get a smartphone maker that is still dominant among corporate clients at a bargain basement price. The BlackBerry maker has lost so much value that an acquirer could pay a 50 percent premium and still buy it for a lower multiple than any other company in the cellphone industry.
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RIM Buyer Would Need to Have the Right Stuff
Posted by: Rob Spiegel June 22, 2011 01:54 PMWith a market cap that has fallen from $83 billion in 2008 to $13 billion currently — an 82 percent decline — rumors are popping up that RIM is ripe for takeover, possibly by Microsoft or Dell. A potential buyer would get a smartphone maker that is still dominant among corporate clients at a bargain basement price. The BlackBerry maker has lost so much value that an acquirer could pay a 50 percent premium and still buy it for a lower multiple than any other company in the cellphone industry.