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  • Friday, September 29, 2023

BlackBerry to Acquire AtHoc by Q3 FY 2016; John Chen Comments


softwareBlackBerry (Nasdaq: BBRY) is in the process of acquiring networked crisis communications provider AtHoc as part of efforts to expand the latter’s business globally and deliver integrated applications for mass communications.

BlackBerry said Wednesday the combination of its enterprise portfolio and global network with AtHoc’s software platform will work to support secure,  mission-critical business communication.

“AtHoc’s technology and expertise will play a key role as BlackBerry works to connect and secure a broad range of endpoints, ” said John Chen, executive chairman and CEO of BlackBerry.

He noted that the company has been making other strategic investments in the areas of privacy, security and the Internet of Things.

According to BlackBerry, the planned acquisition is scheduled to close by the third quarter of its fiscal year 2016.

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