WASHINGTON — Canada’s technological pride and joy, BlackBerry (formerly known as Research in Motion or RIM), is thinking of putting itself on the open market.
Reuters reports that BlackBerry could do this sooner rather than later, considering how much trouble the company is facing.
The smartphone market is now flooded and inundated with multiple devices by a variety of companies, headlined by Samsung and their Galaxy series and Apple’s iPhone. BlackBerry had originally pioneered smartphones and e-mail pagers, and now it is in shambles.
BlackBerry even took its vaunted smartphone line off the market for at least a year to reboot it as BlackBerry 10. It also renamed itself after the device and ditched its name RIM for BlackBerry. But, that was not enough to save the struggling company.
Their CEO even mentioned how he is open to new changes in order to help BlackBerry regain its once-dominant position in the smartphone market.
Now it might be sold for parts or sold as an entire package, but that remains to be seen.