RIM buys Swedish video editor for PlayBook

TORONTO Fri Jul 22, 2011 12:07pm EDT

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TORONTO (Reuters) - BlackBerry maker Research In Motion said on Friday it has bought Swedish video editing company JayCut and hinted the operation will work on features for its PlayBook tablet computer.

"By working with JayCut to add video editing capabilities to the BlackBerry platform we can further enrich our customers' multimedia experience with BlackBerry," RIM's chief technology officer, David Yach, wrote on RIM's blog.

Financial terms were not disclosed.

The seven-employee Stockholm-based company licenses its online video editor to customers.

JayCut joins Stockholm-based design company The Astonishing Tribe, which was bought by the Canadian smartphone and tablet maker in December to improve user interface.

In the blog post announcing the purchase, Yach pointed out that the PlayBook, which has struggled to wrest attention from Apple's iPad, has dual high-definition cameras, high-quality playback and can send images to a television screen via a common cable.

RIM has bought a number of companies to fill particular needs in recent years. They include QNX Software, which provides the PlayBook's operating system, and Torch Mobile, which enabled the company to upgrade its Web browser, long criticized as slow in comparison to rivals.

(Reporting by Alastair Sharp; editing by Rob Wilson)

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