MobileIron (MOBL) More Likely to Seek Sale Following BlackBerry (BBRY)/Good Deal - Deutsche Bank
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MKM Partners Cuts Price Target on BlackBerry (BBRY) Following Announced Plans to Acquire Good Technology
September 4, 2015 1:24 PM EDTMKM Partners maintained a Neutral rating on BlackBerry (NASDAQ: BBRY), and cut the price target to $8.00 (from $8.50), following the announcement that the company will acquire Good Technology for $425mn in cash. The deal is expected to close in late 3QFY16.
Analyst Michael Genovese... More
Good Technology Will Help BlackBerry (BBRY) Gain Market Share, but L-T Handset, Software Issues Remain - Oppenheimer
September 4, 2015 1:05 PM EDTOppenheimer affirms its Perform rating on BlackBerry (Nasdaq: BBRY) following news that the tech giant was moving to acquire Good Technology in a $425 million cash deal.
Analyst Andrew Uerkwitz offered the following key points on BlackBerry following this morning's announcement:
Deal Rationale: BBRY... MoreBlackBerry (BBRY) to Acquire Good Technology in $425M Deal
September 4, 2015 8:01 AM EDTBlackBerry (Nasdaq: BBRY) announced that it has entered into a definitive agreement to acquire Good Technology for $425 million in cash.
The acquisition of Good is aligned with BlackBerry's strategy to offer customers the most complete, end-to-end solution that secures the entire mobile enterprise, across all platforms. Enhanced by Good, BlackBerry will expand its ability to offer a unified, secure mobility platform with applications for any mobile device on any operating system - supported with security that has been certified by governments around the world embedded in every component of the mobility infrastructure.
Good... More
