12-28-12 12:25 AM
29 12
tools
  1. DocDRM's Avatar
    I'm not a big stock market/details guy, but why would something like this NOT be part of the RIM financials last week?

    EDIT: or maybe it was and i didn't pay attention?
    12-27-12 06:06 PM
  2. walt63's Avatar
    Do you think RIM acquired Newbay to obtain the patents and licenses? If so, very smart move...correct me if I'm wrong but when you sale a company, you can still have ownership over patents and licenses. From what I've read, Newbay has some pretty awesome technology.
    12-27-12 06:43 PM
  3. travaz's Avatar
    Do you think RIM acquired Newbay to obtain the patents and licenses? If so, very smart move...correct me if I'm wrong but when you sale a company, you can still have ownership over patents and licenses. From what I've read, Newbay has some pretty awesome technology.
    I am no M&A expert but when you sell a company you can strip what you want and fly the flag and see what you get. I hope Chris Umi weighs in on this but my guess is that they got something of potentially great value and sold off the rest with a nice tax write off as a loss. The other scenario is that the new leadership didnt see it as a gain and sold it as a loss for the tax write off. Also the other company that bought it was looking to increase subscribers. It might have worked out well for both .
    walt63 likes this.
    12-27-12 09:06 PM
  4. Dapper37's Avatar
    You got your rumors mixed with what you think they said!! RIM never said they were selling newbay.
    Edit; But they did sell them
    randall2580 likes this.
    12-28-12 12:25 AM
29 12

Similar Threads

  1. NewBay video
    By dentynefire in forum General BlackBerry Discussion
    Replies: 6
    Last Post: 12-11-12, 11:50 PM
  2. NewBay for sale ?
    By CDM76 in forum News & Rumors
    Replies: 32
    Last Post: 08-15-12, 06:06 AM
  3. Anyone have any insight into NewBay integration?
    By robtanz in forum General BlackBerry Discussion
    Replies: 3
    Last Post: 06-30-12, 09:28 AM
  4. Newbay VP or Marketing talking at MWC2012
    By hurds in forum General BlackBerry Discussion
    Replies: 2
    Last Post: 03-02-12, 08:25 PM
LINK TO POST COPIED TO CLIPBOARD