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Chalk Media says acquisition by RIM completed

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2 February 2009 One Comment

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Chalk Media said Friday that its acquisition by BlackBerry smartphone maker Research in Motion Ltd. has passed a shareholder vote and has been completed officially.

Everything was approved at a meeting with some investors on Tuesday, and approved the next day by the Supreme Court of British Columbia, Canada-based Chalk Media said in a press release.

RIM announced in December that it intended to acquire Chalk Media, whose technology is used to send data to BlackBerry devices, in an all-cash deal for about $18.4 million.

Research in Motion’s shares gained 63 cents to close at $55.40.

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