BlackBerry acquires German Security firm Secusmart to Improve Voice Security
BlackBerry has announced the acquisition of privately held German security firm Secusmart GmbH. Secusmart specializes in voice and data encryption technology and anti-eavesdropping services. BlackBerry will be able to secure the conversations between its smartphone users with the technology from Secusmart.
Germany’s Federal Office for Information Security uses the solutions from Secusmart for secure communications between higher officials, including Chancellor Angela Merkel. BlackBerry has not shared the financial details of the deal between the companies.
Chief Executive John Chen has a tough task of competing with Apple and Samsung as both companies have managed to grab bigger share of the smartphone market, once dominated by BlackBerry. Technical experts believe that securing the voice communications will be a big positive for BlackBerry and the current move could bring in more consumers for the company.
With the latest move, BlackBerry will be able to reaffirm its position as a smartphone and services provider for secure communication. BlackBerry stock closed 4 percent lower on Nasdaq.
Sharing the plans of the company to increase the headcount, CEO Chen said, "We are already starting to turn on our machine to now hire people. We still have work to do, so I wouldn't say we've completed the turnaround."
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