Research In Motion Completes Acquisition of Certicom
Waterloo, ON - Research In Motion Limited (“RIM”) (Nasdaq: RIMM; TSX: RIM) has today completed its acquisition of Certicom Corp. (“Certicom”) (TSX: CIC) at a cash price of Cdn$3.00 per outstanding Certicom common share.
“Certicom’s technology and expertise complement RIM’s business and the industry leading BlackBerry® platform,” said Jim Balsillie, Co-CEO of RIM. “This acquisition further demonstrates our focus on delivering the best solutions for security-conscious businesses and government organizations around the world.”
“We have been working with RIM for many years and we’ve seen the tremendous results that our combined technologies have produced,” said Karna Gupta, CEO of Certicom, now a wholly-owned subsidiary of RIM. “By joining the RIM team, Certicom has an even greater opportunity to build on its strong foundation of delivering world-class security solutions across all our market verticals.”
About Research In Motion (RIM)
Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld™ product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market (Nasdaq: RIMM) and the Toronto Stock Exchange (TSX: RIM). For more information, visit www.rim.com or www.BlackBerry.com.
“Certicom’s technology and expertise complement RIM’s business and the industry leading BlackBerry® platform,” said Jim Balsillie, Co-CEO of RIM. “This acquisition further demonstrates our focus on delivering the best solutions for security-conscious businesses and government organizations around the world.”
“We have been working with RIM for many years and we’ve seen the tremendous results that our combined technologies have produced,” said Karna Gupta, CEO of Certicom, now a wholly-owned subsidiary of RIM. “By joining the RIM team, Certicom has an even greater opportunity to build on its strong foundation of delivering world-class security solutions across all our market verticals.”
About Research In Motion (RIM)
Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld™ product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market (Nasdaq: RIMM) and the Toronto Stock Exchange (TSX: RIM). For more information, visit www.rim.com or www.BlackBerry.com.
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