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.

Check Also


Digital Force Technologies to Become Platform Company of DC Capital Partners

Digital Force Technologies has signed a strategic partnership with DC Capital Partners, allowing the private equity investment firm to run DFT as a platform company within its portfolio of businesses.


Lockheed Gets $710M Contract Modification for F-35 Production Materials

Lockheed Martin (NYSE: LMT) has been awarded a $709.8M contract modification by Naval Air Systems Command to obtain materials needed for the low-rate initial production of additional F-35 jets for U.S. and foreign military sales customers. The modification funds material purchases for lot 15 through lot 17 aircraft of the U.S. Air Force, Navy and Marine Corps as well as FMS and non-Department of Defense participants, DoD said Monday.