Blackberry Acquisition Enterprise Document Security Sharing Startup Watchdox

Comprehensive Israeli media GeekTime and Globes reported that BlackBerry will cost about 1 to 150 million dollars (the Wall Street Journal reported that it was 70 million dollars, but the transaction was not yet completed). The acquisition of WatchDox, a security starring enterprise for digital rights management in Israel, has made a significant step in this direction. The acquisition has been confirmed by BlackBerry, but the latter has not disclosed the details of the transaction.

WatchDox, founded in 2008, is headquartered in Palo Alto, California, but the R & D team is mainly concentrated in Israel. Its flagship product SaaS document centric security platform allows enterprises to control key file security through mobile devices. Employees can synchronize and share files on various devices through the platform, but the rights to view, share, scan and print documents are controlled by enterprises.

WatchDox's cloud document security solution is highly demanding on document security. Finance The government and other organizations are in favor. More than 150 of the Fortune 1000 companies have adopted the company's solution, with an annual revenue of nearly $10 million.

WatchDox has so far completed 4 rounds of financing, with a total financing of $35 million 800 thousand. Investors include Blackstone, Gemini Israel Ventures and so on.

　　 Buy After WatchDox, BlackBerry will use the former technology as EMM of blackberry (enterprise mobile management). Value added service Integrated in, launched on BES12, is expected to be compatible with several platforms. The 100 team of WatchDox will continue to work as a major member of the BlackBerry in Israel's R & D center.

BlackBerry CEO Cheng Shouzong said in a statement that the acquisition represents another important step toward BlackBerry's transition to secure mobile communication software and application platforms that support all devices and operating systems. The acquisition and last year's acquisition of Secusmart, together with Samsung's cooperation and internal R & D efforts, enabled BlackBerry to be able to provide end to end voice, text messaging, instant messaging, data and enterprise file synchronization and sharing of security communication capabilities.