Research In Motion (NASDAQ:RIMM; TSX:RIM), a global player in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry® solution in 1999. The BlackBerry product line includes the BlackBerry® PlayBook™ tablet, the BlackBerry smartphone, and software for businesses and accessories. RIM was founded in 1984, and is headquartered in Waterloo, Canada.
Recently, the company has encountered significant business challenges including declining sales, competition from Android, iPhone and other smartphones and apps, disappointing product introductions, shareholder dissatisfaction, executive departures, and patent lawsuits (Source: Various)