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RIM Likely to Acquire Certicom Following VeriSign Dropping Out of Bidding

By: , IntoMobile
Tuesday, February 10th, 2009 at 12:32 PM

Web security company VeriSign has dropped out of the bidding for encryption agency Certicom, leaving Research in Motion’s $3.00/share offer to be the only one standing. Certicom is “expected to approve the RIM Offer”, and good for them – they played hardball and got twice as much as the initial bid. What RIM does with Certicom will probably be nothing especially exciting, since RIM already deals with them regularly for BlackBerry jobs, but wholly owning the company ensures that they’ll keep a grip on Certicom’s elliptic curve cryptography techniques.

[via Certicom]

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.