BlackBerry to acquire Good Technology for $425 mln

Fri Sep 4, 2015 8:10am EDT
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Sept 4 (Reuters) - Canadian smartphone maker BlackBerry Ltd said it would acquire software security provider Good Technology for $425 million in cash.

BlackBerry said it expects to realize about $160 million in revenue from the acquisition in the first year once the deal closes. (Reporting by Anannya Pramanick in Bengaluru; Editing by Anil D'Silva)