September 4, 2015 / 1:08 PM / 2 years ago

BUZZ-BlackBerry Ltd: Buys mobile security software maker

1 Min Read

** Canadian smartphone maker's U.S.-listed shares up 4 pct at $7.70 premarket

** Company buys mobile security software maker Good Technology for $425 mln in cash

** Deal boosts its ability to help companies manage smartphones that run any operating system, the company said

** Expects deal to close toward the end of company's Q3 2016, adding $160 mln in revenue within the first year of deal close

** Up to Thursday's close, stock had fallen 32 pct this year

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below