BlackBerry To Purchase Mobile Safety Firm Good Technology For $425 Million

BlackBerry has announced its obtain of Good Technology, a mobile safety business. Now, the business is searching to extend its technology to independent computer software developers, corporate customers and systems integrators, enabling them to build apps that can ride on Good Technology’s secure platform. The new product, known as Very good Dynamics, will allow developers to generate and handle secure mobile apps using Good’s infrastructure, which acts as a container about the application and all of its information. He mentioned with Excellent Dynamics, enterprise consumers can move ahead with those apps while leaving the task of encryption, authentication and connectivity to Great.

Nicko van Someren, CTO of Good Technology, told me in an interview that several enterprise clients have worked up apps in-house but they can’t deploy them due to the fact they haven’t passed the needed security specifications. Developers can plug Excellent Dynamics’ code libraries into their apps to safe their information and get access to it. Good Technology maintains the Network Operating Center infrastructure and, in the event of a security breach, buyers can kill the Excellent Dynamics-enabled app with no affecting any personal data on the device. These attributes can be just great-enough” technologies as an alternative of best technologies.

Good Technology will provide Great Dynamics alongside its Great for Enterprise, Good forGovernment, and Excellent for OEM/Carriers items. I think Peter Thiel’s comments on what makes great technology businesses very insightful to investors and other readers of this weblog. A excellent approach is almost certainly to seek out niche markets that are dominated by a handful of businesses.

This is a really good write-up due to the fact I’ve been waiting to hear about a VC with strong value grounding. This is why Google IPO’ed with a really high historical set of multiples, but soon the earnings grew and the stock value would multiply by 6. I genuinely like Thiel’s investment strategy due to the fact he does not seem to be focusing only on what the market place will accept an IPO for in 3-4 years, but rather on the company value that will outcome when you look out 20 years from now. I really think monopolies are usually negative for societies, but it is good for investors.

Platini stated that when aim line technologies had been accepted, then videos could be utilised to make other tough choices. Second, that the introduction of technology for a single aspect of the game would represent a slippery slope. For soccer, where targets matter immensely, the implementation of goal line technologies is a matter of improving the overall performance of the officials with no arguments that I can see against it that make much sense.… Read the rest

BlackBerry Acquires Good Technology To Boost Enterprise Mobility Offering

Canadian smartphone manufacturer BlackBerry has moved to improve its enterprise mobility portfolio with the acquisition of mobile device management software firm Good Technology. The Renaissance IPO Index® (IPOUSA) is a stock market index based upon a portfolio of U.S.-listed newly public organizations that consists of securities prior to their inclusion in core U.S. equity portfolios. The Renaissance International IPO Index® (IPOXUS) is a stock market index primarily based upon a portfolio of newly public organizations listed on non-U.S. exchanges. The S&P 500® Index (SPX) is a stock industry index based on the market place capitalizations of 500 big companies whose frequent stock is publicly traded on the NYSE.

Definitions: The Renaissance IPO Index® is a stock market place index primarily based upon a portfolio of U.S.-listed newly public firms that involves securities prior to their inclusion in core U.S. equity portfolios. The S&P 500® Index is a stock industry index primarily based on the marketplace capitalizations of 500 massive companies whose widespread stock is publicly traded on the NYSE.

Renaissance Capital, the Renaissance IPO ETF (symbol: IPO), the Renaissance International IPO ETF (symbol: IPOS), or the Global IPO Fund (symbol: IPOSX), may have investments in securities of organizations talked about. In April the firm acquired WatchDox, which Gartner rated as Visionary in in its most current Enterprise File and Synchronization (EFSS) MQ.

The Waterloo, Ontario-primarily based business mentioned in a statement on Friday that it expects to recognize about $160mln in revenue from the acquisition in the initial year after the deal closes late in its fiscal third quarter. Sunnyvale, California-primarily based Good Technology competes with Blackberry in supplying computer software that allows organizations to manage mobile devices utilized by workers on corporate networks. This implies $4m of revenues for Great in Jan-Feb implying a $25m annualised run-rate.

It is a intelligent acquire offered Excellent Technology’s track record in offering BlackBerry-like solutions across mobile platforms such as iOS, Windows and Android. It is also fascinating (and ironic) to note that Good Technology delivers(ed) items to assist enterprises securely transition from BlackBerry to iOS and Android. The combination of Good and BlackBerry will probably put further stress on the rest of the businesses in the EMM space. BlackBerry anticipates the acquisition to be accretive to earnings and money flow inside the 1st year soon after closing.… Read the rest

Good Technology Critiques

BlackBerry Limited (NASDAQ: BBRY TSX: BB), a international leader in safe mobile communications, right now announced that it has entered into a definitive agreement to acquire Good Technology for $425 million in money. Good is component of the mobile device management market place (MDM), which is supposed to help businesses safe mobile phones at a time when workers are bringing their personal devices to work, a trend that has been labeled BYOD. In a lengthy statement emailed to TechCrunch, a Very good spokesperson did not deny the layoff rumors, but neither did she respond directly to the query.

According to a source with a great deal of information of the enterprise mobile industry, Great was strong between 2007 and 2010, particularly in economic markets, and had good results going up against BlackBerry when businesses began moving to iOS, Android or Windows phones. BlackBerry had inked an agreement to acquire California-based Good Technology in a $425 million deal.

BlackBerry’s management expects the Very good acquisition to be accretive to both EPS and FCF inside a year of closing and is targeting $160 million in year-one GAAP income from Excellent. BlackBerry expects it to take a couple of years for the two platforms to be completely converged into one. As it turned out, the bump in shares was temporary, and the stock closed down 20 cents at $9.66 on the TSX.

Smithen expects the Excellent deal to be quite accretive” because BBRY is primarily acquiring a buyer list with minimal opex” following the very first handful of quarters of integration. New product introductions and changes to mobile devices, operating systems, applications, safety threats, sector standards and the general technologies landscape result in evolving customer requirements for mobile options. This acquisition may let VMware or AirWatch to sell its technologies in mixture with other technologies in the type of new offerings to customers, which could drive some enterprises to seek out VMware as a prospective vendor for the merchandise we provide.

Our capability to compete properly could also be adversely affected by consolidation among our consumers, consolidation amongst our competitors, entrance of new competitors, fast change in technology and market demands for new solutions, all of which are elements largely outside of our handle. On its face, Good Technology, a firm previously recognized for sniping at and competing with BlackBerry, seems like a good fit. Technologies could bring us a a lot less difficult communication by the internet or by the cellulars.… Read the rest

The Amazing Story Of How Good Technology Got Itself To A $one hundred Million IPO

Zeus Kerravala is the founder and principal analyst with ZK Research, and supplies a mix of tactical advice to help his clientele in the current enterprise climate. We are searching for visionary leaders to join Benetech in applying technology to advance the rights of disadvantaged men and women about the globe. Technology is playing an ever bigger role in increasing respect for human rights and delivering far better solutions, and we have two uncommon opportunities to lead planet-class tech-for-excellent programs. You are the leader we are hunting for if you see the mixture of social excellent and businesslike management as the answer to pressing problems all through the globe. To be productive, our leaders have to be bilingual in speaking tech and social great.

You are someone who dreams about utilizing your management and leadership abilities and adore of technology for social influence, exceeding the bounds of what a regular for-profit enterprise can do. We use technology nowadays to support hundreds of thousands of students with disabilities succeed in college, as nicely as support human rights activists around the world document abuses and seek justice. We operate at the intersection of technology and social influence, and for that reason our best candidates will demonstrate these dual interests and experiences.

No matter whether you are a nonprofit leader with a track record of using technologies to enhance outcomes, or a for-profit tech leader with a history of commitment to social justice organizations, we want to see a commitment to both sides. The Vice President of Human Rights will lead the operate of the Benetech Human Rights Plan, harnessing the energy of technologies to meet the pressing needs of advocates and human rights defenders to securely collect, shop, and appropriately report sensitive information. The attendees have been largely the regional coordinators of the campaign, and the news was great.

The technologies and training Benetech supplies hold human rights defenders secure and have grow to be critically critical in bigger efforts to pursue reform, seek justice, and begin the procedure of reconciliation. So if you are driven to make a genuine difference from a leadership position, at the special intersection of technology and social change—and you are prepared to perform on delivering maximum social good—then we want to hear from you. Rather I thought that I could, I should, and so I did throw my own collection of conflict and functions and good nature into the mix of the mess outdoors me, represented by this embodiment of trouble my wife.

A Jean Paul Sartre 1st is an existentialist, a fighter for freedom, then he is a Maoist and Stalinist, a fighter for communism, due to the fact he felt he must act on his ideas, and he took the side, the only side he saw, that promised freedom, and he held to it regardless of proof of the dictators’ murderous careers. The likelihood acquisition of house, restricted by the demands of beauty, and selective stress of the claims of other men and women, … Read the rest

BlackBerry Completes Good Technology Acquisition

Nowadays BlackBerry announced plans to acquire Good Technology For some, this news could be a surprise. But I read somewhere that IMAX is creating several theaters now in China and beginning to sell their technology so it will quickly become a lot more mainstream. Looks like a lot of folks are waiting to see how 3D technology shapes up. I’m in no hurry to switch right now either and am happy with my HD Television. I seldom watch Tv myself, but I do have family members whom I am certain would really like to get a 3D Television after the costs drop and the technology improves! Green technology is a field of new, revolutionary ways to make changes in everyday life.

Currently, this Clean Technology is in the starting stages of its development, so the future will only bring larger and better things for this field. It is primary goal is to discover techniques to make technologies in methods that do not damage or deplete the Earth’s natural resources. In addition to not depleting natural resources, green technology is meant as an alternative source of technology that reduces fossile fuels and demonstrates much less harm to human, animal, and plant overall health, as effectively as harm to the globe, in basic. Energy: The most essential and urgent concern and want for green technologies is for energy purposes.

The use of green technology (clean technologies) is supposed to minimize the quantity of waste and pollution that is created in the course of production and consumption. May possibly the technologies of right now and tomorrow constantly remember we are not alone on this planet and we are responsible for not only saving our plantet, but creating future generations realize just how beautiful our Earth is. New buzz in the sense lately it has got some great hype or maybe I am listening for very first time.

Very good web page but I personaly believe that any factor about the green tech is excellent but if men and women have to lye to make green tech get researched then i never like it they lyed with global warming just to get funding which does not sit correct with me. The only way green technology will thrive is if we can get the economy flowing and people have main surpluses in funds to invest in green technolgy. This selection is very good for those wanting to build a price range AMD Micro ATX or home theater Computer option. Tom’s Hardware, a single of the most trustworthy web sites for benchmarks on the world wide web, shows that at stock speeds you must see about a 3.7% acquire with Ivy Bridge.

For those of you planning on employing Ivy Bridge at stock speeds, you are going to see a quite modest achieve in speed – nonetheless it is the integrated graphics on Ivy bridge that make the massive distinction. Even though Intel was 1st to show a CPU with functioning 32 nm technologies, each AMD … Read the rest

Good Technology Salaries

Glassdoor is a career community that depends on everyone being in a position to share an inside appear at a business they know. BlackBerry Limited (NASDAQ: BBRY TSX: BB) announced this morning that it has entered into a definitive agreement to acquire Good Technology for $425 million in cash. They have been $24 million in debt when their filed their S-1 (16 months ago) and never completed the intended IPO. It really is extremely probably that a combination of slowing revenue development and a non-existent road to profitability led Good’s management and investors to take BlackBerry’s acquisition provide.

BlackBerry’s stock is presently up 1.54% even though the broader NASDAQ is down -1.04%. Achievement will depend on how swiftly BlackBerry can integrate Good’s technologies into its own and how properly they can sell the combined platform. BlackBerry stated it expects to realize about $160 million in income from the acquisition in the first year after the deal closes, expected by late November. Relations in between BlackBerry and Silicon Valley-primarily based Very good had long been tense.

On Friday, he compared the acquisition of Great with previously announced offers for Secusmart, Movirtu and WatchDox. J.P. Morgan Securities LLC and Bank of America Merrill Lynch advised Very good on the deal, BlackBerry said. Glassdoor has salaries, wages, guidelines, bonuses, and hourly spend submitted anonymously by 173 Good Technology personnel. Blackberry plans to incorporate the application solutions supplied by Good Technology into the Blackberry software program suites. The technologies will be extended to a number of applications and platforms although keeping individual privacy.

Blackberry expects the impact of the acquisition to begin reflecting in the company’s income and money flow within the very first year. Good Technology is anticipated to collect revenues worth up to $60 million inside the very first year. Blackberry’s CEO, John Chen stated that his company and Good Technology are complementary. The acquisition will allow the firm to overcome the riddle of how to manage all the deployment models utilised across the different operating systems.

The combined technology will produce much more worth by way of the ability to extend across the enterprise mobility management. IDC’s Enterprise Mobility Study Director added that the acquisition brings added worth to the EMM solutions by way of application containerization on Android and iOS, like solutions for third celebration apps. They got the last laugh since Good was a competitor that claimed superiority to BlackBerry’s MDM/EMM solutions.… Read the rest

BlackBerry To Purchase Good Technology For $425M, Combining #2 And 3 Vendors In Enterprise Mobility

However as part of the shift away from traditional Pc architectures towards a cloud/Post-Pc globe I think these two diverse worlds are now beginning to converge. MB: As Christy talked about earlier, Good technology will contribute to the growth of our Web of Items platform to go beyond mobile devices and handle new, connected endpoints. CW: In addition to smartphones and tablets running iOS, Android, Windows Phone, BlackBerry 10 and BlackBerry OS, Very good will allow BlackBerry to add support for wearables. As the transaction is not anticipated to close until the BlackBerry’s 2016 fiscal third quarter, we’ll be positive to keep IBB readers updated on further specifics concerning today’s news. Did not infringe Good Technology’s patents and that some of these patents had been invalid.

The user’s Twitter account and/or personal website, any corporate web site, or any comments contained on any of the foregoing have not been reviewed by BlackBerry and do not constitute an endorsement by BlackBerry. Good Technology filed to go public in May possibly 2014, but did not appear in a rush to make it to the industry: It had never listed a potential value variety for shares, nor supplied far more than a placeholder target of $100 million for an initial public supplying. In an updated IPO filing from March , the organization reported 2014 income of $211.9 million, up from $160.four million the previous year.

Very good reduce down on its operating losses, which had jumped to $115.9 million in 2013 from $89.4 million in 2012, reporting an $83.9 million loss from operations for 2014. I believe it must be a reminder that a lot of these unicorn firm valuations of $1 billion or more are not what a lot of IPO investors would pay or a sophisticated technologies organization would pay,” Hamadeh stated.

Hamadeh added that we’re probably to see much more bargains involving unicorns becoming acquired for far reduce totals than preceding valuations. In a weblog post ,Christy Wyatt, the company’s chief executive, stated Good would bring added security to BlackBerry’s goods. Great and BlackBerry have truly been fierce competitors at times in the region of safe mobile communications. One particular of the main disadvantages of the Blackberry Playbook is that the OS is proprietary.

On Friday, BlackBerry announced that it has agreed to acquire Good Technology for $425 million in cash Based in California, Good Technology delivers safe email, applications and communications solutions to big organizations and government agencies. Very good will also deliver to Waterloo, Ontario-based BlackBerry a wider lineup of enterprise and government customers.… Read the rest

A Few Thoughts On The BlackBerry

Blackberry has moved additional into the mobile device management space by buying Good Technology for US$425 million m. BlackBerry, which offers technology permitting firms to separate private and organization data on an employee’s device, is betting the deal will assist it address the rising use of Apple’s mobile devices in the workplace, since Very good has a bigger iOS base. In Good’s latest quarter, 64 per cent of new device activations for this kind of technologies have been for iOS devices, Mr Chen mentioned. In that period they sold two assets – Excellent to Visto and their Printrak biometrics enterprise to Safran.

BlackBerry bought German voice encryption firm Secusmart last year It snagged WatchDox , an enterprise file security organization, back in April. It really is not just a pure mobility play, even so as both companies have also begun focusing on Web of Issues technologies. Great mentioned it expected to attempt to raise up to $one hundred million when it initial filed its public plans last May but hasn’t said anything about how considerably it may well seek in an IPO in its filings considering that then.

All round, this looks like it could be a good deal for both companies, giving Good Technologies a soft landing without possessing to danger the dangers of IPOing in an increasingly hostile marketplace, whilst filling out BlackBerry’s growing safety platform with out putting out a huge amount of cash. Good Technology continues to narrow its losses while expanding its income, the mobile device management company reported in an updated IPO filing on Thursday. So far in 2015, BlackBerry has drastically underperformed the market, with the stock down practically 34% year to date.

Other investors who own more than five percent of the firm are Lazard Technology Partners (7.2 %), Meritech Capital Partners (six.2 %) and Saints Rustic Canyon (6. %). It raised $175 million in an offering that topped expectations and its stock remains about 36 percent above its IPO price despit providing up half of its very first day jump in January. Despite that good sign, there are no Bay Location organizations on the quick IPO calendar is what has been a significantly slower begin on new offerings than final year. Like most great tech stories Excellent Technology’s story it includes a very good slice of luck (many, in reality).

Renaissance Capital , which manages an IPO index fund, reports that so far this year the quantity of Wall Street debuts has dropped by 35 percent to 26 and the quantity raised is down 44 percent to $four billion. BlackBerry will integrate Good’s software solutions and services with its personal software program suites to provide what it believes is the industry’s most full end-to-finish answer that secures the whole mobile enterprise, across all platforms and applications even though safeguarding personal privacy. BlackBerry anticipates this acquisition to be accretive to earnings and money flow inside the initial year following closing.… Read the rest

Good Technology Secure Mobile Options Company Will Be Joining The BlackBerry Family members

Good has demonstrated robust organic growth that is not expected to slow down, and post-IPO possible to grow by way of acquisitions. Generating the transformation could take years, but if you love what you do and you program to make a career out of it, discover all you can about your brand, turn into an ASE Certified Master Technician, and stay on top of current service bulletins and service news for your brand. At the shop I have observed when it comes to mechanical fixes he does it in a snap but when it comes to upgrades or some thing with technologies he asks me for assist. I know that there is no substitution for experience, but I felt I required to get a very good education so I could be more comfy in this field.

With all the technologies in the vehicles of these days, the technician is carrying out less upkeep and far more and a lot more software program updates so stick with what you happen to be good at and overlook the rest. Again good report but it is misleading, the problems of the auto business can not be fixed at a tech level and now there are much more and far more techs leaving so the ball is in their court to see what occurs.

Peoples like awesome service no matter what the service is. Eventually the customer is paying you to operate on their vehicle, you just rent the bay you work in, so go the further mile with your clients and you won’t have to do side jobs right after work, it really is excellent money but you will burn out quick. To be effective as a network administrator, you need to have a very good expertise of servers, access protocols, and Active Directory.

There is a huge demand for those varieties of technicians, and really few who are very good at it. If you specialize in automotive electrical, your profession in the automotive business won’t be so physical, plus the pay would be quite excellent and you would not be killing your body altering tires, and lifting transmissions. You’re obviously good at writing, I’m confident you have a cell phone with camera, and you have access to a laptop, the rest is a modest understanding curve, but you’re a Mercedes Benz tech, you happen to be intelligent, you’re constantly studying new concepts and ideas anyways.

I know quite small about the cnc but I always believed it was cool and I know that you can make good cash if your good at it. But as of right now I’m at the best of my class in auto tech, light years ahead of the rest of the children, I’ve been carrying out this stuff for as long as I can bear in mind. Have you looked into Universal Technical Institute of CA, I’ve worked with a few techs that went to the a single on Boston Mass and they said it was a … Read the rest

BlackBerry Acquires Good Technology

Organization-wide access to Gigaom Study, analyst briefings or inquiries, Gigaom Event tickets & a lot much more. Component of the Good Dynamics Safe Mobility Platform, Good’s mobile service management provides organizations with real-time finish-to-finish visibility and effective help by proactively monitoring a number of mobile solutions by way of a ‘single pane of glass’ like Great for Enterprise, Microsoft Exchange ActiveSync, BlackBerry and messaging proxy services.

BlackBerry expects to comprehend an estimated US$160 million in GAAP earnings from Good in the very first year, like the impact of an anticipated writedown of particular deferred revenue and, according to Chen, a writeoff of what is left to amortize from the US$267.5-million licence payment BlackBerry was forced to spend Good’s predecessor to settle a extended-operating patent battle.

Excellent is self-interested, of course, as organizations that dump BlackBerrys for iOS and Android would need to have much more client licenses for Good’s MDM (mobile device management) server Still, it is a sea modify in Good’s years-extended stance about BlackBerry, which was that its service complements BlackBerry for users who never want the extremely higher level of manage afforded by RIM’s present BES.

We consider Excellent delivers a steady income stream and exposure to several operating systems, as we note over 80 per cent of income is recurring and 64 per cent of activations are from iOS devices,” wrote Angelo Zino, equity analyst with S&P Capital IQ. But as receptive as Mr. Zino was to the Good Technology purchase, his outlook for BlackBerry remains tough.

Earlier this year, Good announced theGood Dynamics Shared Services Frameworknow supports server-based services, and the company’s just-announced mobile presence is the initial server-primarily based shared service that developers and ecosystem partners can now take benefit of. Among them is BoardPad, an sector-leading meeting and document collaboration remedy that transforms directors’ devices into hugely secure digital board and meeting packs, accessible on or offline from any location.… Read the rest