Tag archive: Certicom

Research in Motion's bid to take over encryption technology developer Certicom now appears to be a done deal, with competing bidder VeriSign notifying Certicom that it would not top RIM's latest offer of $3 CDN per share, or about $106 million USD. RIM has been moving to acquire Certicom for some time to augment its mobile products with enhanced security, including elliptical curve cryptography (ECC) technologies, which, on a… Read More

In late 2008, BlackBerry maker RIM was all set to take over Canadian security software firm Certicom…but right at the end of the year things suddenly got strange with Certicom claiming RIM's bid to take over the company was too low. Now, VeriSign has swooped in and inked its own takeover deal for Certicom, in a transaction valued at about $73 million…or, really, about $40 million once Certicom's cash-on-hand and… Read More

Earlier this month, BlackBerry maker Research In Motion announced it had finally reached a deal to take over Ontario security firm Certicom in a transaction valued at about $52 million. The two companies have been talking about the acquisition for nearly two years…but now it appears Certicom isn't too happy with the deal. Certicom's board has recommended its shareholders reject RIM's bid for the company as… Read More