BlackBerry to acquire German security solutions firm

Tags: Gadgets
BlackBerry will acquire German security solutions firm Secusmart GmbH as part of its efforts to ramp up enterprise service offerings.

Secusmart provides high-security voice and data encryption and anti-eavesdropping solutions for government organisations, enterprises and telecommunications service providers in Germany as well as globally.

"BlackBerry Limited has entered into an agreement to acquire Secusmart GmbH," it said in a statement today.

The transaction is subject to the satisfaction of certain customary conditions, including the receipt of regulatory approvals, the Canadian handset maker added.

"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 as security attacks becoming more sophisticated," BlackBerry Chairman and CEO John Chen said.

The acquisition of Secusmart underscores the firm’s focus on addressing growing security costs and threats ranging from individual privacy to national security, he added.

"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," Chen said.

BlackBerry and Secusmart have previously partnered to offer Secusmart’s technology to customers that have the most demanding security needs. Last year the SecuSUITE for BlackBerry 10 solution was selected by Germany’s Federal Office for Information Security for classified communications for the country’s highest public officials.

Through this collaboration, the two companies have provided Secusmart-equipped BlackBerry smartphones to a significant number of German government agencies and almost all government ministries and leaders, including Chancellor Angela Merkel, BlackBerry said.

"This transaction is a fantastic opportunity to accelerate growth in the market for high-end secure communications solutions, driven by the need to combat electronic eavesdropping and data theft," Secusmart Managing Director said Hans-Christoph Quelle said.

EDITORIAL OF THE DAY

  • Reservations, along with economic subsidies, must go to get India moving

    A young man, in his early twenties, starts an agitation demanding reservation for the community he represents.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

The China story isn’t over yet

China’s financial markets are currently in the eye of a ...

Anuja Sharma

Love yourself to love others

“There are two basic motivating forces: fear and love. When ...

Gautam Gupta

It's a 'blog eat blog' world out there

Let me tell you, fashion journalism has truly taken the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture