Also in today's regional roundup: Apollo's fat pipe; KPN reports sales decline but stock leaps; Test vendor Rohde & Schwarz buys a security specialist; and more!
BlackBerry is to acquire German firm Secusmart GmbH, a developer of "high-security voice and data encryption and anti-eavesdropping solutions for government organizations, enterprises and telecommunications service providers" in Germany and abroad, for an undisclosed sum. "The acquisition of Secusmart underscores our focus on addressing growing security costs and threats ranging from individual privacy to national security," stated BlackBerry CEO John Chen in the company's news announcement. The two companies are already partners: In 2013, the SecuSUITE for BlackBerry 10 solution was chosen by Germany's Federal Office for Information Security to enable "classified communications for the country's highest public officials," notes BlackBerry. "Through this collaboration, the two companies have provided Secusmart-equipped BlackBerry smartphones to a significant number of German government agencies and almost all German government ministries and leaders, including Chancellor Angela Merkel," the company added. Security has become a massive focus in Germany since it was revealed that the US government's National Security Agency (NSA) was listening in on Merkel's phone calls. (See Euronews: Merkel's Mad as Hell at NSA, Euronews: Merkel Moots US Data Bypass and Deutsche Telekom Aims for Security Advantage.)
Dutch incumbent operator KPN Telecom NV (NYSE: KPN) reported a 7% year-on-year decrease in second quarter revenues to €2 billion (US$2.67 billion) and a 19% dip in adjusted earnings to €633 million($847 million), but that was better than expected. In addition, the operator more than doubled its net income to €349 million ($467 million). The news gave KPN's share price a 6% boost to €2.42. See this Bloomberg report for more.
Swisscom AG (NYSE: SCM) says its years of investment in fiber access broadband networks is paying off and that it now has 1 million customers signed up for "ultra-fast" services of 100 Mbit/s or better. (See Swisscom Boasts FTTX Milestone.)
Cloud confusion for Brits: Research released by Juniper Networks Inc. (NYSE: JNPR) reveals that almost 22% of respondents to a UK survey said they "don't use cloud technology" or "don't know what it is," yet are regular users of cloud-based services such as Instagram, WhatsApp and Spotify. For more details, see this press release.
Re: Must improve the security system What i also understand is that they're quite active in the Medical Field. I had a chance to confer with a Medical Services Executive and they noted how they continue to utilize Blackberry--I was frankly surprised at first. I think the need to have options is good--although I continue to wonder whether Blackberry has had its' "moment in the sun".