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BlackBerry Buys Anti-Eavesdropping Tool Used by German Prime Minister

BlackBerry Ltd, pushing further into security services, agreed to buy Secusmart GmbH, a provider of anti-eavesdropping technology whose clients include German officials such asChancellor Angela Merkel. Secusmart, a Dusseldorf, Germany-based company that already had a partnership with BlackBerry, makes voice and data encryption for mobile phones. Financial terms weren’t disclosed. The acquisition is BlackBerry’s first […]

BlackBerry Ltd, pushing further into security services, agreed to buy Secusmart GmbH, a provider of anti-eavesdropping technology whose clients include German officials such asChancellor Angela Merkel.

Secusmart, a Dusseldorf, Germany-based company that already had a partnership with BlackBerry, makes voice and data encryption for mobile phones. Financial terms weren’t disclosed. The acquisition is BlackBerry’s first since the hiring last November of Chief Executive Officer John Chen, who vowed to cut losses by focusing on services to corporations and governments.

https://finance.yahoo.com/news/blackberry-buys-anti-eavesdropping-tool-130000971.html





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