BlackBerry announced today that it has completed the acquisition of Good Technology. The plan is that BlackBerry will integrate Good’s software solutions and services with its own software suites to offer the industry’s most complete end-to-end solution that secures the entire mobile enterprise, across all platforms and applications while protecting personal privacy.
BlackBerry anticipates the acquisition to be accretive to earnings and cash flow within the first year after closing. BlackBerry also expects to realize approximately $160 million in GAAP revenue from Good in the first year, including the impact of an expected write-down of certain deferred revenue of Good.
I for one will be interested to see what BlackBerry Enterprise Server looks like after Good’s offerings are integrated with it. Then the next thing I will be looking for is if this drives adoption the way that BlackBerry thinks it will. Both of those will be interesting to watch.
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This entry was posted on November 2, 2015 at 12:18 pm and is filed under Commentary with tags BlackBerry. You can follow any responses to this entry through the RSS 2.0 feed.
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BlackBerry Completes Good Technologies Acquisition
BlackBerry announced today that it has completed the acquisition of Good Technology. The plan is that BlackBerry will integrate Good’s software solutions and services with its own software suites to offer the industry’s most complete end-to-end solution that secures the entire mobile enterprise, across all platforms and applications while protecting personal privacy.
BlackBerry anticipates the acquisition to be accretive to earnings and cash flow within the first year after closing. BlackBerry also expects to realize approximately $160 million in GAAP revenue from Good in the first year, including the impact of an expected write-down of certain deferred revenue of Good.
I for one will be interested to see what BlackBerry Enterprise Server looks like after Good’s offerings are integrated with it. Then the next thing I will be looking for is if this drives adoption the way that BlackBerry thinks it will. Both of those will be interesting to watch.
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This entry was posted on November 2, 2015 at 12:18 pm and is filed under Commentary with tags BlackBerry. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.