2011 was a turbulent year for Research in Motion as the maker of the BlackBerry watched its market cap rapidly diminish, thanks to poor PlayBook sells and overall lack of innovation. This year started off just as bad with the loss of its two top executives, and the hiring of a new leader chosen from within the company, which many seen as a feeble attempt at resurrecting the company.
Well, in an effort to help curb recent disappointments, RIM announced on its blog the acquisition of a company called Paratek Adaptive RF. The company designs and manufactures adaptive radio frequency front-end components for cell phones. This purchase suggests that the master of the mobile QWERTY keypad has its eyes set on making its phones of the future more efficient. In a statement yesterday, Alan Spoon, which is a lead investor in Paratek, claimed that integrating the company’s technology would be a “game changer.”
The investor mentioned how Paratek would help the Canadian-based company when it comes to uploading and downloading large amounts of data faster, longer battery life, and a new antennae design that could make BlackBerries smaller and thinner. This all sounds great, but it’s yet to be seen if RIM actually incorporates all of these assets. RIM is sure to bring along the company’s team of engineers and executives.