RIM (RIMM) Acquires Tunable RF Developer Paratek Microwave, Inc.

March 8, 2012 3:49 PM EST
Research In Motion (Nasdaq: RIMM) reported in an official blog post that it acquired tunable radio frequency (RF) technology development company, Paratek Microwave, Inc.

According to the post: "Paratek is a recognized leader in developing adaptive tuning technologies for multi-band handsets. The Paratek team will continue to focus on developing RF tuning technologies with support from RIM."

RIM shares are up 2.3 percent late Thursday.


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