Disqus
Last month security firm Certicom manned the legal guns against RIM’s takeover bid valued at $1.50 per share, and has apparently seen some success. Based on a court order, Certicom shareholders will not be able to take up RIM on their offer, and even if another separate bidding process is opened, RIM needs Certicom’s written consent to participate. That sounds like some pretty final closure on this legal spat, but I wonder if it will sour future dealings between the two Ontario-based companies. Certicom has provided some heavy-duty cryptographic technology for BlackBerrys, and if they were to hold out on future products and offer them to another business partner first, like Motorola, then the whole takeover thing would have backfired embarassingly in RIM’s face. Still, RIM remains resolute to find alternative paths including appeals, so the fight may not be quite over yet.
[via MarketWire]
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.
