Report: RIM looks to sell NewBay, other assets

Rumours about Research in Motion Ltd. are once again flying around. Reuters has cited an unnamed source “familiar with the matter” who claims RIM is about to sell off NewBay, a  company it acquired last October that provides cloud-based content delivery services (including, especially significantly for RIM, messaging).

Rumours aren’t always bad for business, though. When the prospect of IBM Corp. buying out the Waterloo, Ont.-based company was raised, RIM’s stock prices jumped a bit.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now