Partners in Good Technology ‘s channel system could be affected by BlackBerry’s plans to purchase the mobile-device management (MDM) provider. Plus there is also the revenues Visto had ahead of it bought Excellent – consumer push e-mail (probably negligible) and patent royalties (likely much more sigificant, and extremely higher margin). Its just a matter of whether this happens prior to or soon after the IPO (my bet is ahead of – in this quick moving industry no-one particular can afford to wait). What you basically have is the exact same old enterprise spaghetti-ware back at base, except this time you have layered a few hundred far more not-really-thin client apps on the smartphone side to crunch the data Excellent has fetched for them.
He has over ten years expertise as a specialist technology analyst in bulge bracket investment banks, most recently top coverage of the European Computer software sector at BofA Merrill Lynch. The ones who’ve constructed a much better mousetrap, beaten the opposition to the punch, moved through the IPO and are now set fair on the public markets. Great had some quite good technology that allowed customers to securely access firm sources whilst mobile for iOS and Android.
Integrated in Good’s portfolio of items is the Excellent Collaboration Suite for iOS and Android which contains enterprise-focused calendar, e mail, messaging, and document sharing apps for enterprise buyers. BlackBerry has also had its hand in much more customer-focused apps with BlackBerry Messenger for iOS plus a number of organization-centric apps for the platform. BBRY announces intent to acquire Good Technology for $425M in cash and is expected to close by November end.
Closely held Good Technology was a BlackBerry rival in this location, as its computer software permits for the management of mobile devices on corporate networks. Analysts had been largely approving of the acquisition, even if they are nonetheless on the sidelines in terms of BlackBerry’s stock. Good Technology must also help BlackBerry construct on its two new technologies licensing deals announced last quarter.
With the majority of Good’s buyers making use of iOS or Apple ( AAPL ) devices, we view this acquisition as constructive for BlackBerry’s ability to broaden its buyer attain, specifically with our survey perform indicating ongoing share gains for Apple in the enterprise market. The acquisition of Good Technology was announced in a blog post on BlackBerry’s on-line portal.