This is great, especially with the recent rumor that RIM will add support for Flash and Silverlight in the upcoming BlackBerry Browser.
Here is Torch Mobile’s announcement from their blog:
Torch Mobile is excited to announce that our company has been acquired by Research In Motion (RIM), one of the most renowned mobile technology companies in the world. Our team of developers will join RIM’s global organization and will now be focused on utilizing our WebKit-based mobile browser expertise to contribute to the ongoing enhancement of the BlackBerry® platform.
Torch Mobile’s team of highly skilled developers has been actively involved in Open Source development and includes contributors, Commiters and Reviewers of the WebKit project. As part of RIM, these developers will continue to be active participants in the WebKit development community.