Big news for BlackBerry.
Following the announcement earlier this week that the company’s restructuring phase is behind them (in short, they’re done cutting jobs for now), new details have come to light about the Canadian smartphone maker’s latest acquisition.
The mobile communications company is set to acquire Secusmart GmbH, a “leader in high-security voice and data encryption and anti-eavesdropping solutions” for government organizations, enterprises and telecommunications service providers.
Although the security solutions company’s biggest base is in Germany, their offerings are used internationally, we’re told.
The transaction, BlackBerry announced in a news release, is subject to regulatory approvals.
“We are always improving our security solutions to keep up with the growing complexity of enterprise mobility, with devices being used for more critical tasks and to store more critical information, and security attacks becoming more sophisticated,” said John Chen, CEO of BlackBerry.
“The acquisition of Secusmart underscores our focus on addressing growing security costs and threats ranging from individual privacy to national security,” he adds. “This acquisition bolsters our security solutions with leading voice and data encryption and anti-eavesdropping technologies, and furthers BlackBerry’s security leadership in end-to-end mobile solutions.”