BlackBerry® ‘fastest-growing firm’

Canada–based RIM has come top of Fortune magazine’s latest annual guide to the 100 fastest–growing businesses.

In second place was US chipmaker Sigma Designs, with Chinese internet business Sohu.com coming in third. Fortune rates a firm's growth on a combination of its profits, turnover and investment return over three years.

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RIM had not previously featured in the annual growth list, as 2009 is the first year that companies outside of the US have been included.

Thanks to a big rise in the popularity of its BlackBerry handsets, profits at RIM have grown 84% over the past three years, while its revenues have expanded 77%, and it has seen a total return of 45%.

Apple was in 39th place on the list, while Google came 68th.

Steve Whiter of LAN2LAN’s Mobile Data Team commented “The incredible growth of the BlackBerry solution has been reflected in the demand LAN2LAN have seen over the past 9 months to deliver enterprise class mobile applications. The BlackBerry devices have truly come of age, and organisations of all sizes are determined to get the most from their BlackBerry infrastructure –over and above the standard PIM functionality.”

Date: 09/09/2009