Cellmania
Cellmania, based in Mountain View, Calif., makes software that allows content owners to track their use, the bill for subscriptions and integrate billing accounts. This can be useful in constructing software stores that sell downloadable content and helped to push the adoption of smartphones.
"Our team has joined RIM's global organization and we continue to provide our expertise in creating a store under the BlackBerry platform," Cellmania said in a statement on its website.
No financial details were released. RIM declined to comment, while Cellmania has not responded to a request for further comment.
The agreement comes as RIM struggles to regain its footing in the smartphone market increasingly competitive and, despite recent difficulties. new company product, the BlackBerry torch, began with tepid sales. In addition, several countries have asked RIM to enable them to monitor emails on the BlackBerry network, a development that has turned privacy.
The disturbing news has weighed on the share price of RIM, which has dropped 26% since the beginning of the year. Last Friday, the investment bank Morgan Stanley has recommended that investors sell their shares in RIM.
On Tuesday, RIM shares were down 0.04% to $ 47.04 in after-hours trading.
Cellmania CEO Ronjon Nag was previously vice president of Motorola Inc. (MOT) and has a long history in mobile technology. Before joining Motorola, he was CEO of Lexicus, which developed the technology of speech recognition and writing.
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