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Tag: NewBay

  • NewBay Officially Acquired by RIM

    NewBay Officially Acquired by RIM

    Earlier this month, there were reports that Research in Motion, makers of BlackBerry smartphones and tablets, had acquired Irish Software firm NewBay for $100 million.

    RIM finally confirmed the acquisition (though terms weren’t officially disclosed) in a blog post this morning. A message from Alan Brenner, SVP, BlackBerry Platform says:

    Today we are pleased to announce that NewBay has joined Research In Motion (RIM). We’re excited that the NewBay team will be bringing their expertise in cloud-based digital content services to the BlackBerry platform.

    NewBay’s LifeCache platform helps enable operators and device makers to deliver content across multiple, connected devices such as mobile phones, PCs and tablets.

    A message on the NewBay site says:

    Today we are delighted to share that NewBay has now become part of Research In Motion (RIM). This is a great opportunity to further expand our digital content cloud services offering. We will continue to enable operators and device makers worldwide to deliver a lifetime of content experiences across all connected devices such as mobiles, PCs, tablets and TVs.

    Here’s what NewBay offers (via the company’s site):

    NewBay Products

    The Irish Times, which broke the news earlier this month, reported that RIM would keep NewBay’s software development center in Dublin. The center, the report said, employs about 200 people, and marks RIM’s first presence in Ireland.

  • NewBay, a Cloud Software Provider, Reportedly Acquired by RIM

    According to reports, Research in Motion, which makes BlackBerry smartphones and tablets, has acquired Irish software firm NewBay for $100 million.

    The Irish Times reports that NewBay staff were informed about the deal yesterday, and that “It is understood that RIM intends to keep NewBay’s software development centre in Dublin, which employs about 200 staff. It will be the first facility for the Canadian firm in Ireland.”

    Here’s a quick look at some of the products NewBay offers (via the company site):

    NewBay Products

    NewBay calls itself a “leader in digital content services, enabling operators and device makers to deliver a lifetime of content experiences across connected devices such as mobile, PCs, tablets and TVs.”

    In other words, it sounds like a sensible acquisition for RIM as it struggles to compete with Apple and Google.