Tag: phillip huang

More Takeover Rumors: Cisco Could Buy Research in Motion?

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cisco blackberry takeover

Analysts are all over the place with takeover rumors and the most recent is from a UBS analyst who says RIM could be the target of a takeover by Cisco. According to analyst Phillip Huang, Cisco and RIM have more synergies than with Microsoft, and a takeover could happen if RIM’s stock gets low enough.

“Though we see RIM facing many challenges, we see timing of (the) impact of some as overstated and believe material share devaluation from current levels make RIM a potential M & A (merger and acquisition) target,” Huang wrote in a research note.
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