On July 7, 2006, Research In Motion Limited completed the acquisition of SlipStream Data Inc. SlipStream was a privately owned, data acceleration software development company founded in 2000 and based in Waterloo, Ontario. The financial terms of the transaction were not disclosed.
RIM was represented by McCarthy Tétrault LLP in connection with the transaction, under the direction of Karima Bawa, RIM's general counsel. The McCarthy Tétrault team included Cheryl Slusarchuk, Sven Milelli, Cappone D'Angelo, David Ford and Xenia Kritsos.
Goodmans LLP acted for SlipStream and its largest shareholders, with a team that included Tim Heeney, Stephen Halperin, Cristina Alaimo and Peter Jovicic.