You are here

BlackBerry to acquire Good Technology for US$425m

Friday, September 4, 2015 - 20:23
nabmBBMR4915.jpg
Canadian smartphone maker BlackBerry Ltd said it would acquire software security provider Good Technology for US$425 million in cash.

[TORONTO] Canadian smartphone maker BlackBerry Ltd said it would acquire software security provider Good Technology for US$425 million in cash.

BlackBerry said it expects to realize about US$160 million in revenue from the acquisition in the first year once the deal closes.

REUTERS