Better RIM Than Yahoo …
Just because Microsoft acquired Danger doesn’t mean the company has its eye on Research in Motion (RIMM), though some observers apparently feel otherwise. Noting the ugly decline in RIM’s share price in recent months and a financial crisis that’s already slowing the corporate IT spending that is its lifeblood, Canaccord Adams analyst Peter Misek speculates that the Blackberry peddler is a good takeover target for Microsoft (MSFT). “RIM is a massive strategic fit [for Microsoft],” Misek told Reuters. “I’m fairly certain they have a standing offer to buy them at $50 (a share).”
Really? Leaving aside for a moment the fact that Microsoft already has a mobile OS in Windows Mobile and the fact that RIM’s client architecture is, you know, based on Linux, wouldn’t a merger between two of the largest players in the smartphone market invite antitrust scrutiny?