BlackBerry closes $425 mln buy of VC-backed Good Technology
BlackBerry Ltd (NASDAQ: BBRY, TSX: BB) has tied up its buy of Good Technology Corp, a Silicon Valley-based mobile software provider. The deal, announced in September, was valued at US$425 million. BlackBerry said it plans to integrate Good's platform into its own software suites to provide a complete end-to-end solution that secures the entire mobile enterprise, while also protecting privacy. The acquisition resulted in exits for Good's venture capital investors: Blueprint Ventures, DFJ, ePlanet Capital, GKM, Meritech Capital Partners, Oak Investment Partners and Rustic Canyon Partners.
2 November 2015•5 mins read
