BlackBerry to acquire Good Technology for US$425m

Canadian smartphone maker BlackBerry Ltd said it would acquire software security provider Good Technology for US$425 million in cash. 

PHOTO: REUTERS

SEP 4, 20158:23 PM

[TORONTO] Canadian smartphone maker BlackBerry Ltd said it would acquire software security provider Good Technology for US$425 million in cash.

BlackBerry said it expects to realize about US$160 million in revenue from the acquisition in the first year once the deal closes.

REUTERS