Saturday, September 5, 2015

BlackBerry To Acquire Good Technology For $425 Million

BlackBerry has agreed to purchase Good Technology for $425 million. Good Technology makes and sells mobile email products as well as mobile device management tools. 

BlackBerry said the acquisition "is aligned with BlackBerry's strategy to offer businesses the most complete, end to end solution that secures the entire mobile enterprise, across all platforms." 

Good Technology was purchased by Visto in 2009. Prior to being owned by Motorola. At one time, Visto successfully sued BlackBerry for patent infringement. BlackBerry said it expects to close the acquisition during its 2016 fiscal their quarter.

Source: Reuters

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