Home » Deal Flow

RIM Acquires Ireland-based NewBay

Submitted by on October 11, 2011 – 9:47 am

Looks like Blackberry and Playbook maker Research In Motion made another acquisition last week as the purchased Ireland-based NewBay for a reported $100 million.  NewBay develops software used by carriers such as AT&T, T-Mobile, and Verizon to provide their customers with solutions such as online photo albums, automatic updating of social network status, and online address books.  With most carriers already having a solution that provides these features for their customer based this does not seem like a strategic acquisitions for RIM, but maybe there is a base of carriers that haven’t been locked in yet, Bell, Rogers and TELUS already provide these type of services for Canadian customers.

The following two tabs change content below.

Dave Forde

Dave “The Connector” Forde has been involved in the technology industry across Canada for over 10 years in sales and marketing roles, he launched PR In Canada, and on Profectio.

Tags: ,

Leave a comment!

Add your comment below, or trackback from your own site. You can also Comments Feed via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> 

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.