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RIM announces $150 Million BlackBerry Partners Fund
RIM has teamed up with RBC and Thomson Reuters to start a $150 Million fund called "BlackBerry Partners Fund". This fund will be focusing on investing into new mobile applications and services.
“The mobile world has evolved well beyond phone calls and simple messaging to require more empowering and liberating solutions that connect people to everything that matters most to them, wherever and whenever they want,” said Jim Balsillie, Co-CEO, Research In Motion. “RIM, RBC and Thomson Reuters share the common belief that mobile applications and services will propel the industry forward and the BlackBerry Partners Fund is being formed to help fuel innovation and activity in the mobile ecosystem.”
