The Wall Street Journal reports that according to unnamed sources, Microsoft and Nokia considered making a joint bid for Research In Motion. This revelation comes hot on the heels of the news that Amazon was also interested in acquiring the struggling telecommunications company.
While the status of the talks between RIM, Microsoft and Nokia is unclear, The Wall Street Journal points out that the mere fact that these discussions took place highlights just how dire RIM's situation has become, with its stock hitting a new eight-year low on Tuesday. And of course, the hard place RIM finds itself in now presents itself as potential business opportunity for its rivals and suitors.
According to The Wall Street Journal's sources, no actual bids have materialized as of yet, and RIM Chief Executive Jim Balsillie has indicated that he wants to wait until after RIM's new BlackBerry launches next year before coming to a decision on whether to seriously consider a potential buyout. Whether Microsoft or Nokia would still be willing to come to the table at that time is unknown, especially with the complexities of such a move. Microsoft already has business partnerships with RIM and Nokia separately.
Unsurprisingly, spokespeople from Microsoft, Nokia and RIM all declined to comment on the situation.