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RIM, RBC and Thomson Reuters Joining Forces - BlackBerry Partners Fund
RIM, RBC and Thomson Reuters Joining Forces
RIM, RBC and Thomson Reuters Joining Forces to Create a Leading Fund for Investment in Mobile Applications and Services.
to Unite through the BlackBerry Partners Fund
to Advance the International Mobile Industry
Toronto, ON (May 12, 2008) - BlackBerry® Partners Fund LP today announced that Research In Motion (RIM) (TSX: RIM; NASDAQ: RIMM), RBC (RY: TSX; RY: NYSE) and Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN), along with several private Canadian investors, are joining together through the BlackBerry Partners Fund LP to form a $150 million venture capital fund that will invest in the best emerging mobile applications and services.
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