One Year After Buying NewBay, RIM Sells The Mobile Cloud Software Developer To Synchronoss Technologies For $55.5M In Cash

newbay

RIM could have a little more cash on hand next quarter. The flailing BlackBerry developer has sold its cloud services unit NewBay to Synchronoss Technologies, the provider of automation software, mobility management, and cloud technology solutions. The acquisition price was $55.5 million in cash, and the transaction closed in the fourth quarter of 2012.

It was a short-lived acquisition for RIM, which bought NewBay in October 2011 for $100 million and took a bit of a bath. In August, Reuters rep...

Read the source article

Other articlesgo to homepage

YesVideo’s Legacy Republic Is Building A Freelance Workforce To Digitize Family Photos and VideosComments Off

legacy republic YesVideo announced a new initiative today that aims to recruit an army of “Legacy Makers” to help digitize family photos and videos.
For those of you who aren’t familiar with YesVideo, the company was founded back in 1999 and focuses on converting videos (in formats like VHS and 8 millimeter film) to digital, then making the content available online and on DVD. With Legacy… Read More

Box Said To Further Delay Its IPOComments Off

Box, an enterprise-facing cloud storage and productivity company, is said to be further delaying its initial public offering (IPO). The delay could last until its fiscal fourth quarter, which ends after the first month of the new year. This is visceral…

With A New “Experience Studio”, Echo Aims To Bring Its Social Media Curation To A Broader AudienceComments Off

echo Echo is a startup that’s been helping big companies and their agencies create widgets that highlight social media conversations. Now, with the launch of a new product called the Echo Experience Studio, co-founder and Chief Product Officer Chris Saad said the company has expanded its technology and made it accessible to a much broader group of customers, including small businesses… Read More

Night At The Roculus Makes Bobbing Your Head To “What Is Love” Funny Again For A MinuteComments Off

what is love The 90s may be over… the pogs stuffed in a box in the garage, the bowl cuts shaved, the grungy hemp necklaces thrown away…
But we have virtual reality. We can rebuild it. And, apparently, we’re starting by rebuilding the back seat of the car from Night At The Roxbury. Read More

An Immigrant ExperienceComments Off

shutterstock_163278785 Editor’s note: Gilles Raymond is the Founder and CEO of News Republic, which offers news from 1,000 licensed content partners worldwide. He previously founded, successfully grew and sold two mobile app companies – IN-FUSIO and Mobilescope. Four times in my life I have been an immigrant: in Hong Kong, Los Angeles, Singapore, and currently in San Francisco. Each time I have enjoyed… Read More

read more
Facebook Twitter RSS

855-200-1776

Ext. 1 - Leave a Message Line |Ext. 2 - Join us On-Air |Ext. 3 - Business Office | Ext. 4 - Sales |Ext. 6 - Small Business RX

support@am1100theflag.com

AM1100 The Flag

The 50,000 watt blow torch of the prairie: AM1100 The Flag. Proudly owned and operated by the Bakken Beacon Media network.
Prize Disclaimer