Rumor: RIM considering splitting business into two divisions
Update: RIM has issued this statement regarding the situation:
"RIM has hired advisers to help the Company examine ways to leverage the BlackBerry platform through partnerships, licensing opportunities and strategic business model alternatives. As Thorsten said on the Company's fourth-quarter earnings call, ‘We believe the best way to drive value for our stakeholders is to execute on our plan to turn the company around.' This remains true."
According to The Sunday Times, Research in Motion may now be considering a split into two separate divisions. The split would break off their handset manufacturing division and message network into two separate entities. RIM may then look to sell the handset division with potential buyers like Facebook or Amazon, or even sell or open up their messaging network to generate additional income. Another option would be to keep the business as one and possibly sell to a larger company like Microsoft. No sources were cited for the information but this could be a viable option for RIM in their current state.
What do you think - would splitting things into two be a good move at this point? Sound off in the comments!