Report: RIM Looking to Buy Mobile Ad Network

RIM (Research in Motion) is looking to buy Mobile Ad Network to compete with Apple’s Quattro Wireless and Google’s AdMob. RIM (Research in Motion) is talking to Canada based media to buy Mobile AD Network. But the deal has been delayed for some time. Reason of delay is price. Two companies have not reached to some decision for the price of deal.

The Canada base media company is demanding $500 millions but RIM (Research in Motion) is not interested in paying such a huge amount. RIM (Research in Motion) has denied commenting on the rumor. But the news is there is only single reason for the delay of the deal. This reason is price only. Google and Apple are the two popular brands in the technical world. They also have acquired the Mobile Ad Network in the last two years.

Google announced that he is acquiring AdMob. He gave the statement in November 2009 and he acquired the Mobile Ad Network in May 2010. Similarly Apple announced that he is going to acquire Apple’s Quattro Wireless. He gave the statement in January 2010 and he acquired the Mobile Ad Network in June 2010. Apple announced the final news with the launch of iOS 4 in the market. Both events were collectively published on the main web site of Apple. Steve Jobs The CEO of Apple said that famous companies like General Electric, AT & T, Liberty Mutual, Chanel,  Citi, and Nissan had already signed on to iAds.

The purchase of Apple’s Quattro Wireless by Apple was actually helpful for Google case. If Apple would have not acquired Apple’s Quattro Wireless then google may have to face serious issues in the future. But now everything is fine with both famous brands. They really have made a good decision of purchasing Mobile Ad network.

RIM (Research in Motion) also want to buy Mobile Ad network with both famous brands Apple and Google. But RIM (Research in Motion) is facing some issues. It is not able to finalize the deal with Mobile Ad Network Company because of price. It is hoped that issue will get resolved soon. We will soon find the news that RIM (Research in Motion) has also acquired Mobile Ad Network with Google and Apple. RIM (Research in Motion) is also waiting for a fruitful deal but price for the deal is not yet decided. Within few months we will get confirmed about the deal.

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