RIM To Buyout Security Firm

RIM’s BlackBerry devices are obviously geared towards corporate customers, so it’s understandable that they take security very seriously. In light of that, RIM has decided to initiate a takeover bid for Certicom, a security firm that has worked with RIM in the past which also happens to hold more than 350 security patents, some of which are even used by the American NSA. RIM is planning to pay $1.50 per share, which would amount to a $66 million buyout, which isn’t that bad, considering the current economic climate.