The Traderszone Network

Published in TZ Latest News 4 September, 2015 by The TZ Newswire Staff

BlackBerry to buy rival Good Technology for $425 million

Canada’s BlackBerry Ltd (BB.TO) said on Friday it will buy rival mobile software provider Good Technology Corp (GDTC.O) for $425 million, to boost its ability to help corporate clients manage smartphones running on different operating systems. The cash deal may help BlackBerry, a one-time smartphone pioneer, win new customers for its services business, a priority as it shifts focus to device management software for enterprise customers. More than half the devices running on Good’s systems are Apple Inc (AAPL.O) products such as the iPhone.