Research In Motion, the maker of BlackBerry mobile devices, has confirmed reports of the company having purchased Dash Navigation for an undisclosed price. The acquired company has mostly been involved with GPS, producing a connected navigation unit in November of last year. Since then, Dash decided to shift its focus from delivering hardware solutions to licensing its application and service to run on other platforms.
Among those platforms include conventional navigation systems, PDAs, mobile Internet devices and smartphones and other consumer electronics. RIM's interest is quite obvious, having a healthy market share in mobile electronics - especially smartphones. Given Dash's lack of success and downsizing, I imagine it is safe to assume that the BlackBerry maker snatched it up at a good price. There is currently no official word on Research In Motion's plans for the acquisition, though, nor many details regarding the transaction.