BlackBerry Aligns with Good Technology in Monumental Acquisition
BlackBerry Limited, a global leader in secure mobile communications, has entered into a definitive agreement to acquire Good Technology for $425million.
The acquisition aligns with BlackBerry’s strategy to offer customers the most complete, end-to-end solution that secures the entire mobile enterprise, across all platforms.
Enhanced by Good’s expertise, BlackBerry will expand its ability to offer a unified, secure mobility platform with applications for any mobile device on any operating system – supported with security that has been certified by governments around the world embedded in every component of the mobile infrastructure.
Good will add complementary features and technologies to BlackBerry, including secure applications and containerisation that protects end user privacy. With Good, BlackBerry will expand its ability to offer cross-platform EMM solutions that are critical in a world with varying deployment models.
"By acquiring Good, BlackBerry will better solve one of the biggest struggles for CIOs today, especially those in regulated industries: securely managing devices across any platform. By providing even stronger cross-platform capabilities our customers will not have to compromise on their choice of operating systems, deployment models or any level of privacy and security," said John Chen, BlackBerry Executive Chairman and CEO. "Like BlackBerry, Good has a very strong presence in enterprises and governments around the world and, with this transaction, BlackBerry will enhance its sales and distribution capabilities and further grow its enterprise software revenue stream."
Good’s technology will integrate with BlackBerry’s enterprise portfolio, creating a comprehensive management solution for all mobile devices, which will protect customers’ security and privacy. This holistic experience will provide customers with greater mobile enterprise productivity, including seamless integration of capabilities across multiple applications.
"Enterprise customers today demand stringent security and the most flexible platform across all mobility strategies," said Christy Wyatt, Good Chairman and CEO. "We are excited to join BlackBerry, where together we will be the most comprehensive mobile platform in the market. Good has worked hard to deliver the highest levels of security across operating systems and applications. Our trusted Good solutions will also help BlackBerry to accelerate its IoT platform for managing endpoints beyond mobile devices."
With Good, BlackBerry will expand its presence with global enterprise and government customers. Good serves more than 6,200 organisations, including more than half of the Fortune 100, all of the Fortune 100 commercial banks, aerospace and defence firms, and leaders across healthcare, manufacturing and retail.
BlackBerry is the trusted mobility partner of all G7 governments, 16 of the G20 governments, 10 out of 10 of the largest global banks and law firms, and the top five largest managed healthcare, investment services, and oil and gas companies.