RIM acquires Swedish online video editing company JayCut

Research In Motion (RIM), the maker of BlackBerry smartphone, said over the weekend that it has acquired JayCut, a Swedish online video editing company, for a undisclosed sum.

In the company's blog, RIM said that the BlackBerry PlayBook offers premium multimedia features including dual HD video cameras for video capture and video conferencing.

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

The Stockholm-based company licenses its technology- online video editor to a host of companies and websites.

The acquisition of JayCut is intended to improve the user's video editing experience on the BlackBerry PlayBook.

The BlackBerry PlayBook offers users premium multimedia features, including dual HD cameras for video capture and video conferencing, HDMI output and high resolution video playback.

The latest acquisition comes after the Ontario-based company had in January this year bought The Astonishing Tribe, a user interface expert, whose embedded technology are used in more than 15 per cent of all mobile phones and more than 20 per cent of all touchscreen phones.