Home > Uncategorized > Samsung rules out licensing BB 10 OS

Samsung rules out licensing BB 10 OS

Samsung puts an end to all rumors and speculations on licensing the forthcoming BlackBerry 10 operating system in the future. It has announced that it had “not considered” either acquiring RIM in whole, or licensing the new software to install it in its upcoming smartphones.

Less than a day after a Jefferies analyst said RIM was looking to “revive discussions with Samsung” over a licensing pact, Samsung has poured cold water on the suggestions. The chief executive Thorsten Heins of BlackBerry has not ruled out licensing the forthcoming BlackBerry 10 operating system in the future.

RIM’s shares jumped by more than 5 percent on Wednesday on talk of the rumors.

“RIM is attempting to revive discussions with Samsung regarding a BB10 licensing deal,” said Jefferies analyst Peter Misek in a note seen by AllThingsD. But earlier this year, Samsung said it flat-out denied it was considering buying the Canada-based smartphone maker.

Also in the note, Misek said: “We believe Samsung is considering ramping up its internal [operating system] development efforts, licensing BB10, or buying RIM” but believed an acquisition would be unlikely until after BlackBerry 10 launches in the stores next year. BlackBerry 10 was also pushed back from a pre-Christmas release to the first-quarter of 2013, which will likely dent sales following the popular holiday season where electronics makers battle for the store shelves.

Source: zdnet.com

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