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.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/nhvMp_oiWAo/
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