Research in Motion (NSDQ: RIMM) will buy mobile software firm Chalk Media for $23.1 million Candian dollars ($17.2 million) in cash, the companies announced today. RIM has also agreed to lend the Vancouver-based company $2.2 million Canadian dollars ($1.8 million) to provide the 10 year old tech firm with working capital until the acquisition goes through. Chalk
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_82cf24aee94175fa31f37c57fefc04cc","wijax_aed455dfc0acafa9c1a5f2123a95579f"]
{"source":"https:\/\/gigaom.com\/2008\/12\/11\/419-rim-to-buy-mobile-software-firm-chalk-media-for-172-million\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_5096d9e415e0a2919923b3893b462a88","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2008\/12\/11\/419-rim-to-buy-mobile-software-firm-chalk-media-for-172-million\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_5096d9e415e0a2919923b3893b462a88","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post