RIM Buys Dash Navigation

imageResearch In Motion has acquired navigation firm Dash Navigation for an undisclosed sum, according to The Boy Genius Report quoting GPS Business News. Dash made a GPS navigation device that failed to sell enough units, and then tried licensing its technology. RIM (NSDQ: RIMM) is likely to use the companies technology to beef up navigation services on its devices. Dash had raised a total of $71 million in funding.

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