Blackberry phone maker Research In Motion has acquired Ireland-based digital content provider NewBay, for a reported about $100m.
Venture capital firm Balderton and mutual fund manager Fidelity’s corporate venturing unit Fidelity Growth Partners had backed NewBay, including in a €6.5m ($10m) series B round in March 2008. Balderton, then known as Benchmark Capital Europe, had been the sole institutional investor in NewBay’s €3.2m A round in January 2004.
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