BlackBerry acquired UK mobile technology start-up Movirtu

Sep 12, 2014 03:31 IST

BlackBerry acquired a U.K-based mobile technology start-up Movirtu on 11 September 2014. Movirtu's  software allows users to have multiple phone numbers on the same device.

The acquisition of Movirtu will help BlackBerry in ramping up its portfolio of services to cater to the needs of its corporate and government clients.

The terms of the transaction were not disclosed.


Movirtu
Movirtu's virtual SIM technology allows an individual to have both a personal and business number on a single mobile device. There is a separate billing for voice, data and messaging usage on each number.

This allows employees to switch between work and personal profiles easily without carrying multiple devices or SIM cards.

Movirtu's technology works on BlackBerry devices as well as Apple's iPhone and smartphones powered by Google's Android operating system.

BlackBerry
BlackBerry, which dominated the smartphone market in its early years lost its ground to Apple's iPhone and Google's Android operating system. Since then, it has been reshaping itself to build its core strengths in areas like mobile data security and mobile device management.

Under the leadership of its new CEO John Chen, BlackBerry has moved rapidly to stabilize itself by selling certain assets and partnering to make its manufacturing and supply chain more efficient. It managed to raise cash via the sale of its real estate holdings.

In July, it acquired a privately held German firm Secusmart to show its credentials with security-conscious clients like government ‎agencies. Secusmart specializes in voice and data encryption.

Is this article important for exams ? Yes25 People Agreed
Read more Current Affairs on: BlackBerry , Movirtu. acquisition , multiple phone numbers

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK