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BlackBerry to buy Good Technology for USD 425 mln

2015-09-07 07:58:00| Telecompaper Headlines

(Telecompaper) BlackBerry has entered into a definitive agreement to acquire Good Technology for USD 425 million in cash. Good will bring complementary capabilities and technologies to BlackBerry, including secure applications and containerisation to protect end user privacy. Good has expertise in multi-OS management with 64 percent of activations from iOS devices, followed by a broad Android and Windows customer base. The Good Dynamics platform provides app-level encryption, advanced data loss prevention and secure communication between applications. With Good, BlackBerry will expand its presence with global enterprise and government customers. BlackBerry expects the transaction to be completed toward the end of the company's 2016 fiscal third quarter and is subject to customary closing conditions. 

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Category:Telecommunications

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