BlackBerry Acquires Good Technology for $425 Million in Cash

by Istvan Fekete on September 14, 2015

To further solidify its presence in the enterprise market, BlackBerry has announced that it has acquired Good Technology for $425 million in cash.

As detailed by BlackBerry’s press release, the acquisition of Good is aligned with the company’s strategy to offer customers the most complete end-to-end solution that secures the entire mobile enterprise across all platforms. By acquiring Good, BlackBerry will be able to expand its ability to offer a unified, secure mobility platform with apps for any mobile device on any operating system.

Of course, all this will be available in an environment secured by BlackBerry, a security that has been certified by governments across the globe.

“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.”

“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 Internet of Things platform for managing endpoints beyond mobile devices.”

What Good can add to BlackBerry’s service is secure applications and containerization 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 such as bring-your-own-device (BYOD); corporate owned, personally enabled (COPE); as well as environments with multiple user interfaces and operating systems. Good has expertise in multi-OS management, with 64 percent of activations from iOS devices, followed by a broad Android and Windows customer base.

With Good, BlackBerry will expand its presence among global enterprises and government customers, as Good serves more than 6,200 organizations, including more than half of the Fortune 100, all Fortune 100 commercial banks, aerospace and defense firms; and leaders across healthcare, manufacturing, and retail.

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Written by: Istvan Fekete. Follow by: RSS, Twitter, Facebook, or YouTube.

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