12-28-12 09:33 PM
29 12
tools
  1. anon(3896606)'s Avatar
    Let's see,RIM has to pay Nokia for some patients.

    RIM sells Newbay for $55 million.

    Simple.

    Tim

    Sent from my BlackBerry Playbook
    Nope, RIM included the Nokia payment in their earning call...
    12-28-12 10:47 AM
  2. zyben's Avatar
    RIM sells NewBay to Synchronoss Technologies | FP Tech Desk | Financial Post

    --“As we execute our transition and seek to save over $1-billion in operating costs, we have taken the decision to divest NewBay as it was not deemed core for the BlackBerry product roadmap in the future,” RIM said in a statement.--
    partizan666 likes this.
    12-28-12 11:17 AM
  3. njrPTA9273's Avatar
    Im incline to agree with the majority, seems they got what the could from the company and sold the rest. It also didnt hurt that they sold the company damn near the price they used to settle with Nokia so in the end the deal was an even wash.

    Sent from my BlackBerry 9810 using Tapatalk
    SDTRMG likes this.
    12-28-12 12:35 PM
  4. Jtaylor1986's Avatar
    Newbay as a standalone entity was losing money which probably was a factor in getting rid of it especially since an equivalent service can be obtained from a handful of different providers.
    12-28-12 09:33 PM
29 12

Similar Threads

  1. Is RIM selling email IDs to spammers?
    By F0nage in forum General BlackBerry News, Discussion & Rumors
    Replies: 53
    Last Post: 05-16-10, 07:46 AM
  2. Does RIM sell unlocked phone from their factory?
    By nafiz011 in forum BlackBerry Bold Series
    Replies: 1
    Last Post: 07-19-09, 02:25 PM
  3. RIM sells its 50 millionth BlackBerry
    By aadiawan in forum Rehab & Off-Topic Lounge
    Replies: 44
    Last Post: 04-15-09, 07:01 PM
LINK TO POST COPIED TO CLIPBOARD