
Research in Motion put out a press release last night that announces plans for it to acquire Vancouver, CA based Chalk Media Corp. (Chalk) at a price per share of CDN $0.142, or CDN $23,125,000.
Chalk is a member of the BlackBerry ISV Alliance Program and is the developer of Mobile chalkboard which allows organizations to deoploy media rich “PushCasts” which can include audio and video to BlackBerry users.
We should also note that RIM is lending Chalk CDN $2.2 million to keep them up and running while the transaction takes
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Chalk up another one to RIM.