RIM quietly acquires Dash Navigation?

RIM quietly acquires Dash Navigation?

According to an article published yesterday by GPS Business News, RIM may have quietly acquired struggling nav/LBS firm Dash Navigation. The site’s co-founder and Editor allegedly spoke to a trusted source who claims that the acquisition is a done deal. Dash, as we’re sure you’ll remember, was the maker of an awesome little connected nav unit that, well, no one bought. In November of last year, Dash laid off several staffers and announced it would cease production of its hardware solution, the Dash Express. While Dash has long since stopped making hardware navigation units like the one we had a little fun with above, the company would continue to license its software to hardware and mobile handset manufacturers moving forward. Despite its lack of user adoption, Dash indeed built a solid platform that is literally world’s beyond RIM’s current mapping/LBS solutions on BlackBerry devices. If RIM is looking to improve its offerings, snatching up Dash would definitely be a very inexpensive way to go. Neither RIM nor Dash have commented on acquisition rumors.

UPDATE: RIM confirmed that it has acquired Dash.

(Via The Boy Genius Report.)