RIM buys video editing firm JayCut

Research In MotionResearch In Motion today that it has acquired Swedish video editing firm JayCut. According to David Yach, Chief Technology Officer at RIM:

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. By working with JayCut to add video editing capabilities to the BlackBerry platform we can further enrich our customers’ multimedia experience with BlackBerry.

Financial terms of the transaction were not disclosed.

RIM has been been on a bit of a buying spree recently, having already bought Tungle.me and ScoreLoop this year.

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