Research In Motion Limited (RIM) (TSX: RIM, NASDAQ: RIMM) is a Canadian wireless device company best known as the developer of the BlackBerry smartphone.
RIM is headquartered in Waterloo, Ontario, Canada, and is a sponsor of RIM Park in the northeast of the city. It was founded by Mike Lazaridis, who currently serves as its co-CEO along with Jim Balsillie.
Prior to the manufacture of the BlackBerry, RIM worked with RAM Mobile Data and Ericsson to...
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Research In Motion Limited (RIM) (TSX: RIM, NASDAQ: RIMM) is a Canadian wireless device company best known as the developer of the BlackBerry smartphone.
RIM is headquartered in Waterloo, Ontario, Canada, and is a sponsor of RIM Park in the northeast of the city. It was founded by Mike Lazaridis, who currently serves as its co-CEO along with Jim Balsillie.
Prior to the manufacture of the BlackBerry, RIM worked with RAM Mobile Data and Ericsson to turn the Ericsson-developed Mobitex wireless data network into a two-way paging and wireless e-mail network. Pivotal in this development was the release of the Inter@ctive pager 950, which started shipping in August 2000. About the size of a bar of soap, this device competed against the SkyTel two-way paging network developed by Motorola.
RIM's early development was financed by Canadian institutional and venture capital investors in 1995 through a private placement in the privately-held company. Working Ventures Canadian Fund Inc. led the...
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