BlackBerry Buys Palo Alto Networks Partner WatchDox

By | April 21, 2015

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BlackBerry (BBRY) agreed to acquire data security company WatchDox as the smartphone maker continues to emphasize its security features in a crowded market dominated by Apple. While financial terms weren’t disclosed, BlackBerry will reportedly spend $70 million, sources told the Wall Street Journal. Privately held WatchDox, based in Palo Alto, Calif., protects and encrypts files. The service allows users to track and audit files, restrict Scalper1 News

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