BlackBerry Ltd (NASDAQ:BBRY) Concludes Acquisition of Good Technology Corp (GDTC)

-

Things seem to be looking up for BlackBerry Ltd (NASDAQ:BBRY) judging by the company’s recent cluster of activities. The firm’s latest announcement is that it has completed the acquisition of Good Technology Corp (NASDAQ:GDTC).

Good Technology is a mobile security software company initiated in 1996. Blackberry plans to incorporate the software solutions offered by Good Technology into the Blackberry software suites. The company plans to use the blend to create a complete software solution for the entire mobile enterprise. The technology will be extended to multiple applications and platforms while maintaining personal privacy.

Blackberry expects the impact of the acquisition to start reflecting in the company’s profits and cash flow within the first year. Good Technology is expected to collect revenues worth up to $60 million within the 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 handle all the deployment models used across the different operating systems.

The combined technology will generate more value through the ability to extend across the enterprise mobility management. IDC’s Enterprise Mobility Research Director added that the acquisition brings additional value to the EMM solutions through application containerization on Android and iOS, including solutions for third party apps.

Blackberry also expects collaboration applications and secure mobile communications from its software and also from Good Technology software offerings.

The company aims to leverage other security services that have been certified by other governments as part of building up the mobility infrastructure. Good Technology will acquire numerous benefits as part of Blackberry. One of the most significant benefits is the ability to extend growth thanks to unlimited access to an already existing and proven mobility infrastructure.

Blackberry seems to be ending the year on a high note having garnered the acquisition as well as the launch of the Blackberry PRIV. Blackberry had also released a series of other announcements relating to enterprise mobility in the previous month.

Avatar
Ruchi Gupta
Ruchi has more than 6 years of rich experience ranging from Financial Services to Media. She has worked with companies like Zacks, ABN AMRO Bank (now RBS) and Genpact India. Gupta completed her Post-Graduate Diploma in Business Administration with a specialization in Finance from International School of Business and Media (ISB&M). Ruchi can be contacted at: [email protected]

Share this article

Recent posts

8 Best Horror Movies to Watch with Friends

Sometimes it is difficult to choose a movie, especially when you are with your friends. However, if we decide to bet on a specific...

Should You Let Your Child Play Contact Sports? – 2020 Guide

In the past decade, we’ve learned a lot more about the potential risks of contact sports, but that’s mostly focused on college and professional...

6 Benefits of Investing in Residential Mortgage-Backed Securities

Have you ever considered investing in residential mortgage-backed securities (RMBS)? If not, you’re missing out on a lucrative opportunity. What is residential mortgage-backed security? Investopedia explains...

Best Double Sided Suction Cups with Screw Sucker Pad

Suction cups are used for a variety of things. They’re vital for being used as holders and hangers of various things in the home,...

Ways to Create a Private Backyard Paradise

Creating decorative backyard tricks with your own hands from scrap materials, you should observe the following conditions: mandatory presence in the design of a...

Popular categories

1 COMMENT

  1. Nice reporting Ruchi; do you realize that Good was purchased by Motorola back in 2007 or 2008 then spun off on it’s own again?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

What is 8 + 4 ?
Please leave these two fields as-is:
IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) 🙂

Recent comments

rayschoon.marsfet.co.nl on How to manage your PPC campaign
https://usahealthreports.blogspot.Com on The future is here with Proven Skincare
Dale Goodman on Yukon Men Cancelled?
Ryan wants more Korra kicking ass. Varrick is bad ass!! on The Legend Of Korra Season 5 Release Date, News and Updates
Guess I'll just go jump off a duck. on Aoharu x Machinegun Season 2 Release Date
lillian bradley-gares on Yukon Men Season 7 Latest News
human lovers suck on Zootopia 2 Sequel Confirmed
Sharon Genth on Yukon Men Cancelled?
Yessenia Martínez Martínez on Taxi Brooklyn Season 2 release date and more!
crysostomos haloftis on Cowboys To Bring Back Dez Bryant?
Randolph Johnson on Cowboys To Bring Back Dez Bryant?
Matthew Brooks Brown on Cowboys To Bring Back Dez Bryant?
Charles T DeLattre on Cowboys To Bring Back Dez Bryant?
Wojciech Oszczakiewicz on Top 5 Worst Finishers Of All Time
Bill carpenter on Counting Cars Cancelled?
Karen on No Gentleman
jan ronk on No Gentleman
Vcoutelier on No Gentleman
Shanna on No Gentleman
bily gilliam on Zootopia 2 Sequel Confirmed
Barbara on No Gentleman
F. Hawker on No Gentleman
Patrick Charles Pineda on Mr. Pickles – Season 3 Release Date
David Woodcock on River Season 2 Release Date
David Gabriel Taylor on Seraph of the end Season 3 Release Date
Lieutenant BaconWaffles on Beetlejuice 2 Release Date
Lana Patrizia Nahapetian on Junjou Romantica Season 4 Latest News
John Knehans on Counting Cars Cancelled?
Crusty weave on Zootopia 2 Sequel Confirmed
Prince Yohanan Ben Yahudah on Colin Kaepernick in Dallas Cowboys?
Anata no Tomodachi on Trinity Seven Season 2: Release Date
Awesome1pc2 Ananymous on SVTFOE season 3 release date
LighthawkDemon on Zootopia 2 Sequel Confirmed
Robert Presti Sr on Counting Cars Cancelled?
James STanley on SVTFOE season 3 release date
Phương Phiêu Diêu on Barakamon Season 2 Release Date
𝕲𝖍𝖔𝖚𝖑 on Re:Zero Season 2 Air Date and Spoilers
ÃᖇᑭᗴᎶᎶᎥØØℱβŁỮ€ŞŤ€ᗴŁ✔ᶰᵉᵏᵒᶠᶤᵉᵈ on High School DxD Season 4 – Updates, Spoilers, Air Date
Central Intelligence Agency on Highschool of The Dead Season 2 Release Date
Senator D. Plorable (I-USA) on Windows 11 – What It Would Look Like?
Ibrahim Durrani on Windows 11 – News and Updates
Joshua Adams on Zootopia 2 Sequel Confirmed
renamoretti1 on Empire Renewed for Season 4
Sara Doodnath on Justified Season 7 Cancelled
Just Another Random Person 🙂 on Code Geass Season 3 Release Date Speculations
Sara Doodnath on Justified Season 7 Cancelled
Joyce Mitchell on Yukon Men Cancelled?
Mike-Janet Sowell on Yukon Men Cancelled?
Shiranami Kaishido (Shi) on Reigns Beating Strowman Was A Bad Decision
eduard karpoev on Shimoneta Season 2: Updates
Dendy Planeptune on Shimoneta Season 2: Updates
Glenn Martin on Yukon Men Cancelled
WillFanofMany1 on Zootopia 2 Sequel Confirmed
WillFanofMany1 on Zootopia 2 Sequel Confirmed
Garland Remington on The Curse Of Oak Island Canceled?
Garland Remington on The Curse Of Oak Island Canceled?
Garland Remington on The Curse Of Oak Island Canceled?
Garland Remington on The Curse Of Oak Island Canceled?
Garland Remington on The Curse Of Oak Island Canceled?
Garland Remington on The Curse Of Oak Island Canceled?
Garland Remington on The Curse Of Oak Island Canceled?
Yatogami ✔ᵛᵉʳᶦᶠᶦᵉᵈ on Noragami – Season 3 Release Date, News & Update
Garland Remington on The Curse Of Oak Island Canceled?
Patrick Lambert on Zootopia 2 Sequel Confirmed
Astracifationo on Zootopia 2 Sequel Confirmed
Astracifationo on Zootopia 2 Sequel Confirmed
Joy McGowan Elson on Hemlock Grove Season 4 Canceled
🅼🅾🅳🅳🅴🅳__ 🅷🅰🆇🅾🆁 on Seraph of the end Season 3 Release Date
jonnysw on No Gentleman
Kevin Kylie on No Gentleman
Victor Szendzielarz on No Gentleman
Usunder on No Gentleman
David E on No Gentleman
David D'Angelantonio on The Curse Of Oak Island Canceled?
MAC on No Gentleman
Angriest_Beaver on Zootopia 2 Sequel Confirmed
Angriest_Beaver on Zootopia 2 Sequel Confirmed
Gingerbread2 on No Gentleman
disqus_feN63FpcdG on The Curse Of Oak Island Canceled?
disqus_feN63FpcdG on The Curse Of Oak Island Canceled?
Michael on No Gentleman
Trumpworksforrussia on No Gentleman
Lisa Amey on No Gentleman
William McGrath on No Gentleman
tineras on No Gentleman
D. Kaye on No Gentleman
DardaniaLion on GTA 6 – News & Update
herp derperson on Log Horizon Season 3
Debbie Hillen-Reyes on Lucifer Season 3: Will it happen?
Patrick Lambert on Zootopia 2 Sequel Confirmed
Carol Shingle Swenson on The Curse Of Oak Island Canceled?
SiliconAddic on Zootopia 2 Sequel Confirmed
SeiRruf MalaWolSki on Zootopia 2 Sequel Confirmed
YanossGaming on Zootopia 2 Sequel Confirmed
Ryan Woodward on Zootopia 2 Sequel Confirmed
NoRightToNotBeOffended on The Curse Of Oak Island Canceled?
Nathaniel D Vitchner on The Curse Of Oak Island Canceled?
Sandy Rehfuss Scott on The Curse Of Oak Island Canceled?
Furious Shiroe on Log Horizon Season 3
Timothy Ouellette on Black Bullet Season 2?
Charles Gauthier on The Chevy Bolt vs. Tesla Model 3
baz on
Acebravo on
havasu46 on
RobertJGood on
Acebravo on
Pjews on
Acebravo on
BritishGuy94 on
Kurt Windibank on
Kurt Windibank on
Bill on
LP on
Frenchman75 on
johns19 on
Jimmy Witts on
Pjews on
Devon Ho on
Padraig Aidan Doherty on
Nick on
MF33 on
Acebravo on
Disqusr on
DavidB23 on
Bob Bigellow on
Joh Lei on
rbestlab on
Joe Maristela on
Acebravo on
Zachary Braganza on
Acebravo on