4/15/2010

Terms of QNX acquisition disclosed in regulatory filing

This just in: The Ottawa Citizen reported this morning that Research in Motion (RIM) has agreed to pay $200 million U.S. to acquire QNX Software Systems from Harman International.

According to the press release that Harman and RIM issued last Friday, the deal is anticipated to close within 35-45 days.

My regular readers may be wondering why I haven't commented on the acquisition thus far. Rest assured that my silence is only a reflection of how busy I've been in the past week. I hope to post some reflections in the coming days.

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