http://www.itworldcanada.com/a/Daily-News/d672c0ea-fb0f-412c-8151-2c49a2414ce2.html By Nestor E. Arellano ITWorld Canada 22 Dec 2008 It appears the BlackBerry maker will begin the New Year locked in a court battle to salvage its $66-million hostile takeover bid for encryption technology firm Certicom Corp With barely two weeks to go before the end of the year, Research in Motion Ltd.'s(RIM) $66 million hostile takeover bid for encryption specialist Certicom Corp. has hit a snag. It appears the Waterloo, Ont-based maker of BlackBerry smartphones will begin the New Year locked in a court battle to salvage its attempts to acquire the Mississauga, Ont-headquartered Certicom after learning that Certicom intends to file submissions before the Ontario Supreme Court of Justice and the Ontario Security Commission for and injunction and a cease trade order respectively preventing RIM from acquiring Certicom shares. Certicom is best known for its Elliptic Curve Cryptography (ECC), which is used by Motorola, IBM and other customers including military and government departments to protect information. Certicom says the technology meets U.S. National Security Agency standards. Acquiring Certicom will bolster the BlackBerry's security posture and make the handset more attractive to government buyers. [...] _______________________________________________ Please help InfoSecNews.org with a donation! http://www.infosecnews.org/donate.htmlReceived on Wed Dec 31 2008 - 01:02:02 PST
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