RIM could double in value, with thanks to Google-Motorola deal
Although the underlying news here is that Google has bought out Motorola Mobility, which Google themselves have quoted as patent led, RIM’s very own valuation may double in size after Bloomberg said that market analysts and researchers Morgan Keegan & Co. said that the value of the popular BlackBerry maker could be easily set at $25 billion, which is currently almost double the size it is currently ($13.5 billion).
Morgan Keegan & Co say that Google’s recent acquisition and new huge portfolio of patent copyrights is going to draw serious attention from competitors, and that “it gives a potential acquirer scale and share in a market that’s rapidly being dominated by Google and Apple”. Hopefully, what this means is that the competition to Apple and Google are going to be able to bring out better levels of products next quarter, offering a higher level of choice for consumers.
Source: IT Pro Portal
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