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Certicom Approves RIM Bid, Awaits VeriSign’s Counteroffer

February 5, 2009 by Simon Sage - Leave a Comment

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RIM’s $3.00/share bid for encryption company Certicom was allowed last week despite injunctions made on their earlier $1.50/share proposal. Now VeriSign, who had squeaked in a $2.60 bid between RIM’s two, has five days to beat the offer. Security remains a big priority for BlackBerry-maker Research in Motion, who’s primary customer remains enterprise, despite a growing consumer segment. The division between the two is blurring, however, and strides in security will have plenty of benefits for us consumer-folk as well.

[via Certicom]

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