M&A Deal Summary

BlackBerry Acquires Encription

On February 24, 2016, BlackBerry acquired software company Encription

Acquisition Highlights
  • This is BlackBerry’s 14th transaction in the Software sector.
  • This is BlackBerry’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2016-02-24
Target Encription
Sector Software
Buyer(s) BlackBerry
Deal Type Add-on Acquisition

Target

Encription

Worcestershire, United Kingdom
Encription Ltd. is a cyber security consultancy company, provides penetration testing, digital forensics and IT security training services.

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Buyer(S) 1

Buyer

BlackBerry

Waterloo, Ontario, Canada

Category Company
Founded 1984
Sector Technology Hardware
Employees2,647
Revenue 853M USD (2024)
DESCRIPTION

BlackBerry a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry in 1999. Since then, BlackBerry products and services have continued to change the way millions of people around the world stay connected. BlackBerry was founded in 1984 and is based in Waterloo, Ontario.


DEAL STATS #
Overall 24 of 25
Sector (Software) 14 of 14
Type (Add-on Acquisition) 23 of 24
Country (United Kingdom) 3 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-04 Good Technology

Sunnyvale, California, United States

Good Technology Inc. is a mobile security company that offers end-to-end wireless data management systems.

Buy $425M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-16 Cylance

Irvine, California, United States

Cylance develops artificial intelligence to deliver prevention-first, predictive security products and smart, simple, secure solutions that change how organizations approach endpoint security. Cylance provides full spectrum predictive threat prevention and visibility across the enterprise to combat the most notorious and advanced cybersecurity attacks. Cylance was founded in 2012 and is based in Irvine, California.

Buy $1.4B