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Goodfill

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Goodfill

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Friday, 09/04/2015 8:20:01 AM

Friday, September 04, 2015 8:20:01 AM

Post# of 16279
News for BBRY ...Buys Good Technology


By acquiring Good, BlackBerry (NASDAQ:BBRY) will better solve one of the biggest struggles for CIOs today, especially those in regulated industries: securely managing devices across any platform," says CEO John Chen.
The $425M cash deal is expected to close near the end of 2016 FQ3, and should be accretive to earnings and cash flow within the first year after closing. BlackBerry expects to realize about $160M in GAAP revenue in year one from Good.
A conference call is set for 8:30 ET.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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