RIM looking to sell NewBay
08/11, 9:25pm
RIM to shed cloud services provider as restructuring continues
Research in Motion is looking to divest itself of the cloud service provider NewBay, which it acquired only last year. Sources familiar with the BlackBerry maker's plans tell Reuters that the NewBay sale would be yet another step in the company's continuing effort to retool and address its steadily worsening market woes.
