BBRY) Concludes Acquisition Of Good Technology Corp (GDTC)

Things appear to be seeking up for BlackBerry Ltd (NASDAQ:BBRY) judging by the company’s current cluster of activities. Blackberry also expects collaboration applications and safe mobile communications from its application and also from Good Technology computer software offerings. Blackberry seems to be ending the year on a high note getting garnered the acquisition as nicely as the launch of the Blackberry PRIV. In the announcement about the acquisition, BlackBerry said that it expects the acquisition to give it a enhance in each earnings per share and money flow inside the very first year of the acquisition.

Good Technology will aid BlackBerry in the BYOD era by supplying secure apps and containers for any mobile OS, utilizing technologies that has been authorized by governments around the globe. Good Technology is employed by 6200 organizations, including half of the Fortune 100 and all of the industrial banks, aerospace and defense firms in that group. BlackBerry buying Great not only ties into their technique, it also shows that Good just wasn’t Excellent adequate. Firms also purchase other organizations to incorporate their technologies / patents / IP into their own. Filed in May 2014, Excellent noted swiftly expanding income, stapled to staggering losses.

Good Technology was a competitor of BlackBerry in the EMM/MDM space that some truly believed was far better than BlackBerry. They got the final laugh simply because Great was often spreading misinformation about BlackBerry. Good Technology is far from a household name, but it is a popular vendor of safe cross-platform mobile management options. Christy Wyatt, Great Chairman and CEO, also welcomed the deal with BlackBerry and explained it would assist both firms going forward.

Additionally, Good Technology has been undertaking pretty nicely on the market with far more than six,200 organizations in over 190 countries using their solutions of which a lot more than 50 are on the FORTUNE 100 list. BlackBerry’s acquisition of Excellent – which lately won a Computing Vendor Excellence Award – also supplies it with the Good Dynamics platform, which provides app-level encryption, information loss prevention and safe communication in between applications.

The move will see Great integrate with BlackBerry’s enterprise portfolio and BlackBerry will acquire over six,200 buyers including government organisations, healthcare providers, defence firms and a number of Fortune one hundred firms. The acquisition will permit BlackBerry to expand its mobile security platform with applications that are supported on any operating technique. Excellent Technologies offers its solutions to more than six,200 organizations, such as industrial banks, aerospace and defense firms, and retail firms. Sans that, Excellent could have felt a growing pinch relating to its operational funding.