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BlackBerry to Buy Good Technology

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Sep 4, 2015, 7:17 AM   by Eric M. Zeman
updated Sep 4, 2015, 7:25 AM

BlackBerry today said it has agreed to purchase Good Technology for $425 million. Good Technology makes and sells mobile email products as well as mobile device management tools. The company said the acquisition "is aligned with BlackBerry's strategy to offer [businesses] the most complete, end-to-end solution that secures the entire mobile enterprise, across all platforms." Good Technology was purchased by Visto in 2009. Prior to that, it was owned by Motorola. At one time, Visto successfully sued BlackBerry (then Research In Motion) for patent infringement. BlackBerry said it expects to close the acquisition during its 2016 fiscal their quarter.

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