http://tech.fortune.cnn.com/2012/05/30/rim-2/

RIM's decision to enlist two major banks in evaluating its options means
the company is highly likely to put itself -- or at least major parts of
its business -- on the auction block. The company could ditch the hardware
business and spin itself into a software and services company, licensing
its still-valuable email service and infrastructure to other phone
manufacturers. (That is a solution one of its former co-CEOs is said to
have proposed.) Or it could throw its weight behind a strategic partnership
like Microsoft (MSFT <http://money.cnn.com/quote/quote.html?symb=MSFT>) and
Nokia (NOK <http://money.cnn.com/quote/quote.html?symb=NOK>), or just sell
off the entire business. None of the options are good.

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