Blackberry 2012 Annual Report Download - page 145

Research In Motion Limited
Notes to the Consolidated Financial Statements
In millions of United States dollars, except share and per share data, and except as otherwise indicated
During fiscal 2010, the Company purchased for cash consideration 100% of the common shares of Torch Mobile Inc. (“Torch”).
The transaction closed on August 21, 2009. Torch provides the Company with web browser based technology.
During fiscal 2010, the Company purchased for cash consideration 100% of the common shares of a company whose proprietary
software will be incorporated into the Company’s software. The transaction closed on May 22, 2009.
During fiscal 2010, the Company purchased 100% of the common shares of Certicom Corp. (“Certicom”) at a price of CAD
$3.00 for each common share of Certicom or approximately CAD $131 million. The transaction closed on March 23, 2009.
Certicom is a leading provider of cryptography required by software vendors and device manufacturers looking to protect the
value of content, applications and devices with government approved security using Elliptic Curve Cryptography.
The acquisitions were accounted for using the acquisition method whereby identifiable assets acquired and liabilities assumed
were measured at their fair values as of the date of acquisition. The excess of the acquisition price over such fair value, if any, is
recorded as goodwill, which is not expected to be deductible for tax purposes. In-process research and development is charged to
amortization expense immediately after acquisition. The Company includes the operating results of each acquired business in the
consolidated financial statements from the date of acquisition.
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