BlackBerry Acquires Good, Helps Stabilize Battered EMM Market

On Friday, BlackBerry Limited announced that it has entered into a definitive agreement to acquire Good Technology for $ 425 million in cash. Good’s technology will integrate with BlackBerry’s enterprise portfolio and trusted global network. It’s amazing the difference a week makes. As I was structuring my thoughts on Good Technology for an upcoming Lopez Research market research report, I noted that Good Technology was running out of options and would need to pursue a sale. The rapid plummet of MobileIron’s stock meant (hovering at a market valuation of $ 310 million after a $ 900 m IPO) it was nearly impossible for Good to IPO. Also, it was unlikely that Good’s investors wanted to plow more money into a beleaguered EMM market. Hence, the best option for Good was a sale before it ran out of cash.

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