As if RIM’s BlackBerrys weren’t secure enough, they’re initiating a takeover bid for Certicom, a security firm based out of Mississauga, Ontario. Certicom has worked with RIM in the past to provide public-key and elliptic curve cryptography technology to BlackBerrys, but they’re holding onto upwards of 350 juicy security patents, ones used by even the American NSA. RIM plans to be paying out $1.50 per share, amounting to a $66 million buyout, which is a fairly generous offer considering their current stock price. If you’re looking to get rid of some Certicom stock at a good price, the take-over starts on December 12th.
[via RIM]
Thanks, dad.
About The Author
Simon Sage
Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement.
With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.