I’m been bouncing this idea off people at both companies for the past week, with mixed feedback. I think the idea could work though. I’m interested in hearing feedback.
The two companies are roughly the same size, so this would be a merger of equals.
It provides some temporary bandaid solutions for both companies executive teams and boards (I think there’s enough talent at the top between the two companies to address some of the gaps).
Yahoo! (correct me if I’m wrong) was part of the team that bought Nortel’s patents, so there’s already some kind of mobile intent. And RIM looks like it could use some bolstering.
The real rationale is fairly simple though – the combined company would have a number of options for strategic direction, and would be large enough to stand on its own if it so chose.
If it decided to sell out (hint: Microsoft), the combined patent portfolio (in addition to Y!’s advertising business) would ensure a far more equitable price.