BlackBerry buys Movirtu in bid to woo more corporate customers

[Wireless News]

http://l.yimg.com/bt/api/res/1.2/wDbbJzCAy1IeGvDSRHOEMQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-09-11T130304Z_1_LYNXMPEA8A0MK_RTROPTP_2_BLACKBERRY-RESULTS.JPG (http://news.yahoo.com/blackberry-buys-movirtu-bid-woo-more-corporate-customers-130304508--finance.html)By Euan Rocha and Alina Selyukh TORONTO/LAS VEGAS (Reuters) - BlackBerry Ltd said on Thursday it has acquired Movirtu, a provider of virtual identity solutions, as part of its move to continue building out its portfolio of value-added services that cater to the needs of its core base of corporate and government clients. Waterloo, Ontario-based BlackBerry said Movirtu's virtual SIM technology allows an individual to have both a personal and business number on a single mobile device, with separate billing for voice, data and messaging usage on each number. We are building recurring revenue streams in value-added services and providing more value to enterprises" the head of BlackBerry's enterprise unit John Sims said in an interview. Chen, a well-regarded turnaround artist in the tech sector, intends to remain a competitor in the smartphone arena, but is focused on re-shaping the company to build on its core strengths in areas like mobile data security and mobile device management.



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