John Chen, CEO, BlackBerry
Once proud Unicorn company Good Technology has been acquired by Blackberry for US$475 million.
This transaction has been a buzz worthy topic in the mobile security arena ever since.
The acquisition demonstrates Blackberry's continued resolve to execute on a software centred strategic turn around plan.
The deal represents the biggest in Blackberry history and is an excellent fit in both features as well as company DNA.
Blackberry refuses to die and is making major moves, such as this, to expand it's position in a market that will only be lucrative to the leading few vendors. It's going to be feast or famine for Blackberry going forward.
Blackberry and Good are both security minded companies having created similar solutions based on full stack security.
Everything from network operations centres up through application layer security controls were implemented, albeit in different delivery platforms.
Both offerings have fallen on hard times in the recent past with Blackberry having difficulty overcoming its failures in the hardware space and Good falling prey to a rapidly commoditising market around mobile management technologies.
By Tyler Shields - Research Analyst, Forrester Research
