BlackBerry acquires mobile security company Good Technology for $425M, despite their thorny past
- 9 years ago
BlackBerry has acquired mobile security company Good Technology in a $425 million cash transaction.
However, the deal may surprise some, given that the two companies have often come to blows in the past.
BlackBerry has been struggling in the consumer realm for a while, and has recently begun to focus more on enterprise mobile security , an area that Good Technology also operates in.
However, the gloves have often come off between these two in very public ways, with Good Technology publishing white papers comparing the companies' offerings - it goes without saying which company was presented in the more favorable light.
To see BlackBerry gobble Good Technology up may raise a few eyebrows, but given that they do operate in the same space, it actually makes sense.
However, the deal may surprise some, given that the two companies have often come to blows in the past.
BlackBerry has been struggling in the consumer realm for a while, and has recently begun to focus more on enterprise mobile security , an area that Good Technology also operates in.
However, the gloves have often come off between these two in very public ways, with Good Technology publishing white papers comparing the companies' offerings - it goes without saying which company was presented in the more favorable light.
To see BlackBerry gobble Good Technology up may raise a few eyebrows, but given that they do operate in the same space, it actually makes sense.