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In this Wednesday, May 30, 2012, file photo, three people on the floor of the New York Stock Exchange display their Blackberry smartphones. Struggling BlackBerry maker Research In Motion says Wednesday, June 20, 2012, it has started laying off employees as part of a restructuring plan aimed at saving about $1 billion this year. (Richard Drew/AP)
In this Wednesday, May 30, 2012, file photo, three people on the floor of the New York Stock Exchange display their Blackberry smartphones. Struggling BlackBerry maker Research In Motion says Wednesday, June 20, 2012, it has started laying off employees as part of a restructuring plan aimed at saving about $1 billion this year. (Richard Drew/AP)

RIM considering splitting business in two: report Add to ...

BlackBerry maker Research In Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.

RIM, which last month said it had hired JPMorgan and RBC Capital to look at its strategic options, could break off its handset division into a separate listed company or sell it, the British newspaper reported without citing sources.

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Potential buyers would include Amazon and Facebook, it reported, adding that RIM’s messaging network could also be sold, or opened up to rivals such as Apple and Google to generate income.

An alternative option would be to keep the company together but sell a stake to a larger technology firm such as Microsoft, the newspaper said.

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