BlackBerry buys Movirtu in bid to woo more corporate customers

September 11, 2014


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 Movirtus 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 BlackBerrys 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.