RIM aims to buy Certicom for USD52.5m

Tags: Research In Motion Ltd., Certicom Corp., Financial Accounting, Finance, Research In Motion, George Mitton

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2008-12-04 13:13:32.0

BlackBerry manufacturer Research In Motion (RIM) plans to offer USD52.5m to the shareholders of encryption software firm Certicom in a hostile takeover bid. RIM says it is going straight to shareholders because it is ?unable to engage Certicom management in a meaningful dialogue to advance the terms of a potential transaction?.

StrategyEye's related companies: Research In Motion

 

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