Certicom to be acquired by Research in Motion
Digital encryption technology company Certicom has announced that they have accepted to be acquired by smartphone manufacturer Research in Motion.
The deal is worth around 131 million Canadian dollars at 3 Canadian dollars a share in a cash transaction.
RIM had originally offered CA$1.50 per share for Certicom but VeriSign [...]
VeriSign to acquire Certicom
VeriSign has announced that they are now acquiring Certicom.
This announcement comes just days after Research In Motion took back their bid for the company.
VeriSign would be paying $73 million for this deal.
Certicom is a developer of elliptic curve cryptography technology.
VeriSign said that this acquisition would enable them to expand their [...]
RIM sues Motorola for blocking new hirings
Blackberry maker Research in Motion has filed a lawsuit against the US based mobile phone maker Motorola.
RIM is claiming that Motorola is blocking current and ex-employees from joining them.
The lawsuit further accuses Motorola of unfair competition.
Incidentally, this lawsuit comes just months after Motorola had filed a lawsuit against [...]
Research In Motion wants to acquire Certicom
Makers of Blackberry smartphones, Research In Motion have announced their plans to offer an acquisition deal to encryption software company Certicom.
RIM is planning to offer C$1.50 a share in cash for a total value of about C$66 million for this company.
RIM said that their offer is a 76.5 [...]
Palm latest to cut jobs
Struggling smartphone maker Palm has revealed that they have fired some employees in order to cut costs.
The company did not reveal how many employees were let go.
Palm spokesperson said in a statement: “It’s generally the result of challenges facing the company and the industry, and better positions us to [...]
Mformation Technologies suing Research in Motion for patent infringement
Mformation Technologies has announced that they have now filed a lawsuit against Research in Motion for patent infringement.
Research in Motion is the company behind the hugely popular Blackberry platform and mobile devices.
Mformation is claiming that RIM infringes on two of their owned patents in their products and [...]
Apple iPhone outselling RIM Blackberry in the market
Apple has said in a report that they have managed to sell more iPhones than RIM sold their Blackberry devices in the most recent quarter.
This is a major victory for Apple as they can now claim to be the leader of the smartphone market in USA.
The company added [...]
Nokia posts declining profits as market more competitive
Nokia is facing intense competition from Apple in the US and European markets.
The company has come out with their latest revenue report and they have posted a declining profit scenario.
Their third-quarter profit fell 30 percent as Research in Motion and Samsung are gaining momentum in markets around the [...]
Palm a big loser yet again in the Smartphone market
There is no doubt that the Smartphone market is growing at a rapid pace. But Palm is not benefiting from it as rival companies continue to take away market share.
The company has now posted a fifth straight quarterly loss. The sales of their Treo and Centro [...]
Wi-Lan takes on Motorola, Research in Motion and UTStarcom
Canadian company Wi-Lan has announced that they are now suing Motorola, Research in Motion and UTStarcom.
This lawsuit is related to patent infringement claims made by Wi-Lan.
The company said that they have filed on this lawsuit in the U.S. District Court for the Eastern District of Texas.
They [...]
