Despite the common consensus about its corporate woes, you have to admit that RIM is happy to splash what cash it has (almost $3 billion) when it comes to acquiring software companies that will improve its devices.

So following on from user interface experts TaT, mobile emulation specialists tinyHippos, and social games network Scoreloop, its latest recruit to the cause is JayCut.

The Swedish company has what RIM refers to 'a premier online video editor' that's been licensed to a variety of companies and websites.

All together now

"By working with JayCut to add video editing capabilities to the BlackBerry platform we can further enrich our customers' multimedia experience with BlackBerry," pointed out RIM CTO David Yach.

On its website, JayCut's statement read:

"The value proposition for JayCut was simply awesome: we can stay creative and we get to focus solely on developing great video editing tools, which has the potential to be used by many millions of users. We have a new ally and hereby challenge the future of video editing to be more awesome."

[source: BlackBerry blog / JayCut]