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Microsoft to Buy Research in Motion?


Posted: 04 Sep 2007
TAGS: microsoft, rim

RIM's shares rose more than 3% to close at $85.41 on the NASDAQ Friday due to rumors about Microsoft's intentions on buying the smartphone manufacturer.

However, the whole idea doesn't make much sense as RIM's current market value is about $47bn, and Microsoft would rather grow its own technologies instead of purchasing such a major company for them.

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