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 per-bit basis, are currently considered more secure than other forms of cryptography. Certicom says the U.S. National Security Agency uses ECC technology to encrypt government communications.
Tag Archive: Ontario
VeriSign Buys Certicom Out from Under RIM
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 short-term marketable securities transfer over to VeriSign.
RIM’s Takeover of Certicom Gets Awkward
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 undervalued…and now characterizes the takeover attempt as “hostile.” Certicom has also petitioned the Ontario Superior Court to block RIM’s takeover attempt.
Text Message Ruling Upholds Privacy
In a ruling which could have significant implications for workplace privacy policies, a federal circuit court has ruled (PDF) that employees have a reasonable right to privacy for messages they receive that aren’t stored by the employer or someone the employer pays to store messages. To peer into such messages, companies would need a warrant or the employee’s permission—and that may set of a flurry of writing as company seek to update their privacy policies to grant themselves access to text messages and communications outside their physical control.
Facebook vs. Canadian Privacy Laws
Success breeds problems, as Facebook keeps finding out. The latest fire to flare up in its cyber kingdom is in Canada, where a privacy advocacy group, The Canadian Internet Policy and Public Interest Clinic has filed a complaint with the country’s Office of the Privacy Commissioner, alleging 22 breaches of privacy law by the social networking site, the BBC reports.
At its heart, the complaint claims that the company collects data on users without permission, as well as not telling them how the information is used, and not destroying information after an account is closed.
Clinic director Phillipa Lawson told the BBC,
TigerDirect Buying CompUSA Assets
Fans of old-school technology retailing may rejoice: the CompUSA brand may be changing, but it’s not going away. As word broke in late 2007 that the venerable computer retailer CompUSA would be closing its remaining retail stores and, essentially, holding a fire sale on anything left on the shelves, some technology enthusiasts rejoices (whoo hoo! Longer lines at Best Buy, Fry’s, and Circuit City!) but others lamented the loss of a well-known brand, where you could always go for a motherboard at two in the morning. And stop for some fries nearby.
Dragon’s Lair To Be First Blu-ray Game
OK, way back in the day, there were three things that bugged me about the so-called “revolutionary” animated arcade game Dragon’s Lair. First, it was the first video game I’d ever seen that cost $.50 a play, and that pretty much put me off the whole console genre for the remainder of my life. If I can’t get 10 minutes of entertainment for a quarter, I ain’t interested. Second, there were always a bunch of bigger, meaner kids hogging the game so I never got a chance to see if I could slug it and learn the games’s tricks.
Police Nab Murder Suspect via YouTube Video
Police in the Canadian city of Hamilton, in the southern portion of Ontario, did something unique to try to identify a murder suspect: the uploaded a one-minute, 12 second surveillance video clip to the popular video sharing site YouTube and asked the user community for help in identifying the suspect. So far as anyone knows, this is the first time a law enforcement agency has ysed a video sharing Web site as a tool in an active investigation.
MySpace Partners in Darfur Aid Campaign
The words “MySpace” and “genocide” don’t often appear in the same sentence—usually it’s just “stalking” or “school bomb threat”—but today social networking giant MySpace announced a partnership with humanitarian organization Oxfam and nearly two dozen bands to raise awareness of—and funds for—the ongoing humanitarian crisis in Sudan’s Darfur region. The Rock for Darfur campaign will feature more than 20 concerts across North America on October 21, online interactive promotions, and a public service announcement featuring actor Samuel L. Jackson which will appear in theaters in front of selected 20th Century Fox films, as well as on cable and online outlets.
Syntax-Brillian Brings LCoS Assembly Home
In a move that sounds somewhat odd, Syntax-Brillian will be partnering with Solar Link Technologies, a company wholly owned by Taiwan-based Pro Chen Group to have their LCoS and LCD TV lines assembled here in the states – and in California of all places.
Scheduled to begin assembly in August 2006 Olevia 3,5 and 7 series LCD TVs will be the first lines down the belt, followed by the LCoS product lines in September. Syntax-Brillian is expecting the new facility to pump out 100,000 to 200,000 TVs each year.


