RIM acquires mobile software developer Chalk Media for $18.8 million | Startup Meme - Technology Startup and Latest Tech News

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Dec 11 2008

RIM acquires mobile software developer Chalk Media for $18.8 million

Bilal Hameed 

image thumb231 RIM acquires mobile software developer Chalk Media for $18.8 million

Research in Motion has agreed to acquire Chalk Media, a Vancouver, British Columbia based mobile media software developer for $18.8 million in cash. In addition this RIM would also be injecting further $1.8 million into Chalk Media as working capital.

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