BlackBerry Ltd (NASDAQ:BBRY) announced today that it has brought the German voice encryption chip maker, Secusmart. Governments and other entities use Securesmart’s technology for making the conversations on phones highly secure.
“We are always improving our security solutions to keep up with the growing complexity of enterprise mobility, with devices being used for more critical tasks and to store more critical information, and security attacks becoming more sophisticated,” said John Chen, the Executive Chairman and CEO of BlackBerry Ltd (NASDAQ:BBRY), was quoted in a statement.
Ron Miller, one of TechCrunch’s authors, wrote in his article today that the deal is much too late for BlackBerry Ltd (NASDAQ:BBRY) to matter as both the companies have worked closely together in the past, which makes BlackBerry acquiring Secusmart, not a surprise after all.
Miller highlighted the fact that BlackBerry Ltd (NASDAQ:BBRY) should have made this purchase years ago by citing the continuous downfall of the company. From being the most dominant smartphone in the world at one time, with over 40% market share in the U.S. smartphone market in December, 2009, BlackBerry Ltd (NASDAQ:BBRY) is not even considered a serious competition nowadays with its just over 2% market share.
Analysts from other firms, though see it as a good deal for BlackBerry Ltd (NASDAQ:BBRY), which up until now didn’t have the technology for voice call security. With the recent leaks from activists and employees, government and companies are focusing on making conversations more secure, but Miller points out that security has never been a reason for BlackBerry Ltd (NASDAQ:BBRY)’s downfall, instead people ditched the BlackBerry Ltd (NASDAQ:BBRY)’s handset when the firms that employed them allowed them to choose the smartphone they wanted to use.
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