Research In Motion Ltd (NASDAQ:BBRY) is Surging High


Dallas, Texas 07/02/2013 (Financialstrend) – Research In Motion Ltd (NASDAQ:BBRY) is a reputed designer, manufacturer and marketer of wireless solutions. The company has earned its reputation in the mobile communications market across the globe in offering effective solutions.  The company extends a strong platform and tailor-made solutions towards a seamless access to information by developing integrated hardware, software, along with the services related to the above. The services include voice, instant messaging, short messaging, e-mail and browsing and application through intranet and internet. The contemporary technology developed by the company has enabled manufacturers and third party developers to add enhancement to the range of products and services with the use of wireless connectivity, software development kits and the third party support system available. Millions of consumers and thousands of companies use the range of products and embedded technology developed by Research In Motion Ltd (NASDAQ:BBRY). The BlackBerry wireless solution, RIM Wireless Handheld product line, BlackBerry Playbook tablets are popular choices among the range of efficacious development tools.

Research In Motion Ltd (NASDAQ:BBRY) purchased certain assets of a company on April 26, 2011 and implemented the acquired technologies in developing a newer range of product. It has also purchased 100% share of a company on March 25, 2011 and incorporated the technology in the creation of various development tools. On March 3, 2011 it again acquired 100% shares of a company with the objective of incorporating the technology in its own technology. The technology offers cloud-based services for storing, sharing, accessing and organizing digital content on mobile devices and it is been implemented to create applications for the  BlackBerry PlayBook tablet. The acquired technology also provides personalized, cross-platform social mobile gaming developer toolkit. The technology is also meant to offer a multi-platform BlackBerry Enterprise Solution, which in turn will manage and secure securing mobile devices for enterprises and government organizations.

Research In Motion Ltd (NASDAQ:BBRY) opened at $14.15. The volume stands at 308,873.00. The companyhas a market cap of $ 6.26 billion.

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