Wednesday, December 21, 2011

I KNOW WHAT YOU DID LAST SUMMER....AMAZON TRIED TO BUY RIM


Based on a new Reuters report, Amazon was hot-to-trot on the idea of buying RIM, but those desires seemingly cooled after the BlackBerry maker decided that it'd rather "fix its problems on its own." Wildly enough, the report states that an investment bank was hired earlier this summer "to review a potential merger with RIM," but no formal offer was ever extended.

Of course, it's not atypical to hear of Amazon buying unusual assets -- it's snapped up everything from a touchscreen startup to a UK-based movie streaming and rental service -- and sources have affirmed that "other kinds of commercial partnerships" could still be in the cards. In fact, the two are rumored to be actively discussing ways to "expand their commercial ties, which currently include a service launched last year to make Amazon's music catalog available to some BlackBerry users."

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