Samsung says they're not interested in buying RIM, nor has RIM approached Samsung to discuss the matter

By Michelle Haag on 17 Jan 2012 06:38 pm

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.

Source: Reuters

Topics: Research In Motion Samsung News & Rumors

Michelle Haag 1142 (articles) 1620 (forum posts)

87 comments

TLS2000 Jan 17, 2012 at 7:06 pm

What? BGR made up a story? You're kidding me?!? /sarcasm

JasunX Jan 17, 2012 at 7:13 pm

And in other news...CNN is considering buying TMZ who is considering buying BGR, who is considering buying...uhm...a rumor about a rumor about a dog.

BBPandy Jan 17, 2012 at 7:40 pm

I know, can you believe it? Another BGR RIM story from a trusted "inside source" turns out to be a complete lie. I’m SHOCKED!

What I find funny is that the idiots on Wall Street actually believe BGR when he claims that:
RIM is dropping the playbook,
RIM can't get email to work,
ect.
ect.
ect.

I guess right now this rumour is good for RIM as it has increased RIM’s stock, but BGR BS reports were a big part last year in tearing down RIM’s shares (granted there were many other aspects as well)

CDM76 Jan 18, 2012 at 12:16 am

I'm still trying to figure out why BGR has ANY credibility left ? I mean enough already .....

sk8er_tor Jan 18, 2012 at 9:42 am

Exactly. BGR is a joke. Most of their RIM news is complete fiction.

crwblyth Jan 17, 2012 at 7:06 pm

BGR bullshit again. Glad it's not happening, anyway.

luqman24 Jan 17, 2012 at 7:09 pm

Why does anyone take BGR seriously anyways?? Wouldn't be surprised if it was a kid running that site who has nothing better to do than make up bs. Seriously CB I'd say drop them from your source list...asap.

CDM76 Jan 18, 2012 at 12:18 am

Agreed ! Stop reporting (or visiting the site) anything from BGR ! PLEASE !!!

ignites Jan 17, 2012 at 7:11 pm

another BGR exclusive LIE : ) . . . .

I think BGR is playing with RIM stock for their own arbitrage advantage.....

BBPandy Jan 17, 2012 at 7:41 pm

hehe that's what I think too. The FCC should investigate

Witmen Jan 17, 2012 at 8:53 pm

I think you mean the SEC. Security and exchange commission.

At www.sec.gov they have a tip line for situations like this. Only takes a couple of minutes and you can do it anonymously.

def1014 Jan 17, 2012 at 8:48 pm

No doubt. Boy genius is getting a kickback for posting the story for sure. They are not smart enough to make up the story and timing of the release alone. They are also not dumb enough to trade RIMM on an account directly linked to them.

NickA Jan 17, 2012 at 7:09 pm

Shocker, BGR had incorrect facts. Slow news day CrackBerry? I don't know when other blog sites are going to learn to not report rumors from BGR.

gyubok Jan 17, 2012 at 7:10 pm

I swear... BGR is going to bring down RIM...

gbsn Jan 17, 2012 at 7:10 pm

lol at RIM's crappy stock value, the only times it rises is when there are rumors about a takeover or change of CEOs hahahaha, sadness, sadness everywhere...

RetroAndreas Jan 17, 2012 at 7:19 pm

lol at you trolling here. Come out from the basement. Grandma needs dinner.

Pdinos3 Jan 17, 2012 at 7:30 pm

LOL MOOOOOOOOOMMMMMMMMMMMMM!!!!!!!!!!!! where's my meatloaf!?!?! trolls

HabsSuck Jan 17, 2012 at 7:20 pm

the market is stupid

stackberry369 Jan 17, 2012 at 7:59 pm

Dingling your berry.

zkyevolved Jan 18, 2012 at 2:54 am

LOL! Agreed xD

BitPusher2600 Jan 17, 2012 at 7:13 pm

What'd be the point? Samsung would likely be content to increase the size of their patent portfolios, and at best might exploit QNX for non smartphone or tablet things. I don't believe for one second that they, Amazon, or any other company rumored to be acquiring RIM are going to gamble on fighting Google. If RIM is sold, BlackBerry as we know it will become nonexistent.

I hope they'd sooner accept corporate death than throw everything right off the cliff.

HabsSuck Jan 17, 2012 at 7:24 pm

don't kid yourself, Amazon did approach RIM in the summer, Jim and Mike are not interested in selling.

Kiddo2050 Jan 17, 2012 at 8:11 pm

Why in hell do you come here???? what a sad life you lead.

As for google phuft!! facebook owns google ass. Once facebook puts search on their site google stock will drop so fast it'll make their stockholders vomit. Seriously does google sell (not give away) any product that is "sticky" like facebook? NO!

BitPusher2600 Jan 17, 2012 at 9:09 pm

Your arrogance is unnecessary, act like an adult. Secondly, perhaps you missed my point entirely, I don't know how you arrived at what you did. All I was suggesting is that if any of the companies rumored (here or elsewhere) were to take over RIM, it is my opinion that they won't be trying to rebuild and restore the smartphone platform as we know it, but will simply exploit the patent portfolios. Sammy is behind Google, Facebook as well. What does Facebook have to do with taking over RIM? In any event, I feel any company that would take over RIM would ruin 'OUR' RIM, which by the way is exactly what I don't want. I love my Berry just fine thanx.

DroidDoesWhatBBCant Jan 17, 2012 at 11:18 pm

BlackBerry is on its way to becoming nonexistent. Where have you been?

greatwiseone Jan 17, 2012 at 7:13 pm

I find it hilarious that analysts and the like actually listens to BGR.

Kingkracker Jan 17, 2012 at 11:00 pm

It is hilarious and also scary at the same time. Shame on Wall Street for continuing reacting to lies.

BB_Bmore Jan 17, 2012 at 7:14 pm

Ok glad this is over with and i hope there is actually something exciting to read about tomorrow http://t.co/YeofONgm

AcADIeN Jan 17, 2012 at 7:15 pm

I've heard that Apple want to buy RIM and create the BlackI ("I" like insane)

1lomeri Jan 17, 2012 at 7:19 pm

It was obvious a sale would not happen. They said previously that they were interested in seeing the success of BB10 before anything was considered.

However, That doesn't negate the chance at a partnership, similar to that of Nokia and Microsoft. Both could definitely benefit from working together, especially RIM

E.L.

cjterminator Jan 17, 2012 at 7:20 pm

I think it is high time that BGR is criminally prosecuted, who knows who benefited from this rumour.

HabsSuck Jan 17, 2012 at 7:28 pm

i wonder who made a boat load of money on the market today?

wcanm Jan 17, 2012 at 7:32 pm

It really does look like a pump-and-dump scam.

jamesbyjr Jan 17, 2012 at 7:25 pm

SEOUL (Reuters) - Samsung Electronics Co said on Wednesday it was not interested in taking over Research In Motion after shares of the BlackBerry smartphone maker jumped more than 10 percent following a tech blog report that it was seeking to sell itself to the South Korean firm.

ekafara Jan 17, 2012 at 7:26 pm

Mobile Nations buy out BGR and shut it down?

Pdinos3 Jan 17, 2012 at 7:35 pm

No. BGR's "inside source" from RIM should by BGR with the money he made by making up the story. That way every stupid article will be from the horse's mouth. lol

Adhamalghamdi Jan 17, 2012 at 7:40 pm

good idea

HUNTZODIAC Jan 17, 2012 at 7:29 pm

I knew it...once again BGR reports are bull...now come RIM and shock the world with BB10 and Playbook OS 2.0 then later Playbook 2

Zodiac BBX (BB10)

Adhamalghamdi Jan 17, 2012 at 7:38 pm

I hope that the company can wait untile the end of 2012

Frank2029 Jan 17, 2012 at 7:30 pm

"Not interested in RIM"

OUCH!... kinda makes it sound like they want nothing to do with us

Adhamalghamdi Jan 17, 2012 at 7:36 pm

this is not the first time for BGR, they always like having some personal problems with RIM ? I don't know but I dont trust their sources anymore and I think CrackBerry should seriously to not report rumors from BGR

The Me Jan 17, 2012 at 7:38 pm

I saw one/two typo(s).

[...] be nothing more THAN a rumoUr.

I'm Canadian, so I spell rumor with a U, and than, not then.

adamschuetze Jan 17, 2012 at 7:45 pm

Who owns BGR? Apple?

The Me Jan 17, 2012 at 7:58 pm

Yes.

xtremez Jan 17, 2012 at 9:58 pm

BGR are so bias and so bias-against RIM.

The Me Jan 17, 2012 at 10:34 pm

Their news is essentially LIES on RIM, which isn't news, since it's LIES!

BGR: The three biggest letters in T̶e̶c̶h̶ LIES!

johnmarki Jan 17, 2012 at 7:49 pm

Kevin, I love CrackBerry, but today was a little ridiculous.

The Me Jan 17, 2012 at 8:01 pm

Hey, johnmarki,

http://www.youtube.com/watch?v=-35JUeDQBh8&t=45

http://www.youtube.com/watch?v=ucihhWjcNqk

Kiddo2050 Jan 17, 2012 at 8:17 pm

LOL!!!! Love that guy :)

im_piejot Jan 17, 2012 at 7:54 pm

i'm using 9900 & S2..

felt a little bit excited about this actually.. :-)
could've been benefits to both Sammy & RIM

Jeovex Jan 17, 2012 at 8:00 pm

Thank God! Glad were keeping RIM Canadian.

Sirhill Jan 17, 2012 at 8:11 pm

Ok so let's look at something here. BGR says BB10 is an complete failure and that RIM can't get email to work on the new software, all from a "trusted source", and after CES they were impressed with OS 2(which is BB10, technically)how well the email and other new features are. Now this same "trusted source" said that RIM was doing the shopping for a new buyer and that gets sacked. I'm sure if we look back over the last year we would see more of this same thing from this site (BGR that is). So if this keeps happening why does everyone continue to listen or even go to BGR.

If BGR was a person we would all call this person a pathalogically liar and doubt everything they say. But for some reason when BGR throws up the word "exclusive" every one and there moms starts to think its true. I'm not saying they have not been right a few time but the sun does shine on a dogs ass every once and a while.

pmich Jan 17, 2012 at 8:13 pm

Folks this has NOTHING to do with BGR. It was all over Toronto news. Every elevator screen in downtown Toronto office building even had a posting about Samsung and RIM. Don't give BGR that much credit folks. Geez....

XPEH Jan 17, 2012 at 8:55 pm

Those stories appeared "after" BGR broke the news. Globe and Mail references BGR blogpost, for example. So it does have to do with them as they are the source of the rumor.

Peritaxis Jan 17, 2012 at 11:18 pm

Agreed. Toronto Star referenced BGR and CP24 referenced 'a tech blog'. BGR is not journalism and I'm actually embarrassed for the big newspapers because they didn't check their sources or asked RIM directly for a comment.

InfinitiGuy Jan 17, 2012 at 8:16 pm

BGR should be investigated for possible stock manipulation. They have a repeated track record for making up stories about RIM.

pourtoibb Jan 18, 2012 at 12:12 am

ditto

WillieLee Jan 17, 2012 at 8:17 pm

Someone has made a lot of money feeding stories to bloggers.

bounce007 Jan 17, 2012 at 8:40 pm

Well, there goes RIM stock prices again

tumer Jan 17, 2012 at 8:41 pm

not interested in buying but they didnt say not interested in licensing bb10

anthogag Jan 17, 2012 at 8:42 pm

Great news.

XPEH Jan 17, 2012 at 8:54 pm

This can be construed as market manipulation. Somebody (e.g., SEC) should look into it - hopefully that'll teach BGR to publish bs news.

miktro Jan 17, 2012 at 8:56 pm

lol more bs from BGR. Its no wonder rim has such a bad rep everyone believes what BGR has to say. The media are all idiots even chch news reported this story on there 6oclock news.

Mr.Conviviality Jan 17, 2012 at 9:20 pm

BGR? What a joke. Written off long ago...Bu11sh1t Goes Rampant!

rexrim Jan 17, 2012 at 9:28 pm

RBgr story maker?

jelp2 Jan 17, 2012 at 9:33 pm

1. Way to go BGR, not that anyone other than some investors believed it.
2. Who said rumors don't move the market...in either direction.

Liquid_Revolver Jan 17, 2012 at 9:53 pm

No one wants it...reminds me of the playbook

skxj Jan 18, 2012 at 11:24 am

Still being an Idiot I see. Go clean your room.

Yamcha Jan 17, 2012 at 10:03 pm

I'm happy that Samsung is not buying out RIM.. I think I might just stick with the Playbook until the release of OS 2.0 and then if I'm not happy with the device I'll sell it..

JimelJ Jan 17, 2012 at 10:25 pm

BGR is getting annoying

CDM76 Jan 18, 2012 at 12:26 am

getting ?

DroidDoesWhatBBCant Jan 17, 2012 at 11:16 pm

Who in their right mind would pay that much for RIM? More importantly, WHY? Just let RIM continue to make promises about how they are going to deliver new handsets and then delay them some more.

pourtoibb Jan 18, 2012 at 12:13 am

BGR, aka TMZ of tech, is worse than TMZ:
-it is the first to cover financial news even though it is a tech blog
-it reports motivated rumors
-blog owner drives a Jag/Aston-Martin

If posting a fabricated rumor leads to 10% ROI on stock, hell yeah, that's genius way to pay for that Jag/Aston-Martin. Just don’t shit your pants when SEC pays you a visit.

jchavealot Jan 18, 2012 at 12:23 am

Thank god! I love BB, i would have had to go to the dark side Apple :)

jchavealot Jan 18, 2012 at 12:27 am

yes glad RIM is still Canadian! would have had gone to apple if this happened! LOVE BB!

youknwwho Jan 18, 2012 at 1:17 am

Glad this is not true. I know it's not true comming from BGR but there's still a chance it was true. Thank god for that, dunno what to bo if Blackberry goes Android

thymaster Jan 18, 2012 at 1:50 am

I never believe a single bit of the news this morning of Samsung buying out RIM as soon as I saw the source was by BGR insider source. I had a strong feeling this was all a hoax.

Now BGR should accept two consequences:

Either get sued by the traders for mislead rumours and speculation and fauxifying information.

Or there should be a federal investigation on BGR to the source of the information that BGR claim to be.

Someone should be jailed for this.

BBNation Jan 18, 2012 at 2:11 am

I can not belive we all belive it when it clearly said Jim is pushing for samsung..which Jim ? Jim is the one reported by all media and blogs that he is the obstacle for any sort of merger/sellout so that statement shold have raised flag immediatly. Jim is labelled as current Yahoo CEO for RIM. But we all like some excitements, rumors and fall for this kind of stuff..I am sure friend of BGR made some cash here..The BGR should be reported..