News: BlackBerry Acquiring AtHoc $BBRY

BlackBerry Limited, a global leader in secure mobile communications, today announced that it has entered into a definitive agreement to acquire AtHoc. Terms of the transaction were not disclosed.

AtHoc’s networked crisis communications platform alerts any device – including iOS, Android, PC and Mac desktops, digital displays, radios, IP phones, and endpoints such as sirens, fire panels and speakers – helping organizations and people to connect and share information in times of crisis. The leading provider to the U.S. Departments of Defense (DoD) and Homeland Security, AtHoc also supports public and private enterprises across the world, including healthcare providers and industrial facilities.

The transaction is expected to be completed in BlackBerry’s 2016 fiscal third quarter and is subject to customary closing conditions.

View the full release here.