News Byte

Dell to Acquire SonicWall for $1.2 Billion

Hardware giant Dell said it will acquire SonicWall, a privately held maker of network security gear, for a reported $1.2 billion. SonicWall had been publicly held from 1999 through 2010, when it was taken private in a $717 million buyout led by the private equity firm Thoma Bravo and the Ontario Teachers Pension Plan. SonicWall had projected annual sales of about $220 million that year.

Apple Rubs RIM’s Nose in It With Waterloo Store

The inhumanity. The unmitigated gall. Just minutes away from RIM headquarters. Doesn’t Apple know that RIM is the biggest technology company in Canada!?!
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Vidyo Lands a Telemedicine Deal That Everyone Wanted

One of the biggest telemedicine networks in the world is about to get a lot bigger, and that’s a big win for the video conferencing start-up Vidyo.
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RIM Sends Message to Kik by Filing Lawsuit

Two weeks ago, the BlackBerry Messenger lookalike was banned by Research In Motion from its app store, and now the company is sending a more serious message by filing a lawsuit against Waterloo, Ontario-based Kik, claiming patent infringement.

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RIM Call Volume Rising; Falling Knife?

When last we left the Waterloo, Ontario-based maker of BlackBerries, Research in Motion’s shares were falling like a rock. Or, perhaps, like a kitchen knife.