Blackberry 2016 Annual Report Download - page 13

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Table of Contents
4
CORPORATE STRUCTURE
The Company
The Company was incorporated under the Business Corporations Act (Ontario) (“OBCA”) on March 7, 1984 and commenced
operations at that time. The Company has amalgamated with several of its wholly-owned subsidiaries, the last amalgamation
occurring through the filing of articles of amalgamation under the OBCA on November 4, 2013. The Company’s registered and
principal business office is 2200 University Avenue East, Waterloo, Ontario, Canada N2K 0A7, telephone: (519) 888-7465, fax:
(519) 888-6906.
Inter-corporate Relationships
The Company has five material subsidiaries, all of which are wholly-owned, directly or indirectly, by the Company.
Name of Subsidiary Jurisdiction of Incorporation or Organization
BlackBerry Corporation Delaware, U.S.A.
BlackBerry UK Limited England and Wales
BlackBerry Singapore Pte. Limited Singapore
Good Technology Corporation Delaware, U.S.A.
QNX Software Systems Limited Ontario, Canada
GENERAL DEVELOPMENT OF THE BUSINESS
Product and business developments that have influenced the general development of the Company’s business over the last three
fiscal years are as follows:
Fiscal 2016:
Significant Acquisition
• On October 30, 2015, the Company, through its wholly-owned subsidiary, BlackBerry Corporation, acquired all of the
issued and outstanding shares of Good Technology Corporation (“Good”), a provider of secure mobility solutions,
including secure applications and containerization that protects end user privacy. The aggregate consideration paid by
the Company was approximately $417 million and consisted of (i) the payment of approximately $328.4 million in
cash to existing shareholders of Good, and (ii) the payment of approximately $88.6 million to existing debtholders of
Good. The Company financed the acquisition from its own cash and investment balances. The Company filed a
Business Acquisition Report (on Form 51-102F4) in respect of this acquisition.
Other Acquisitions
• Acquired AtHoc, Inc. (“AtHoc”), a provider of secure, networked crisis communications;
• Acquired WatchDox Ltd. (“WatchDox”), a data security company offering secure enterprise file-sync-and-share
(“EFSS”) solutions; and
• Acquired Encription Holdings Limited and Encription Ireland Limited (“Encription”), a cybersecurity consulting firm
providing industry-leading assessments in penetration testing and security training services.
Products, Services and Approvals
• Launched the PRIV smartphone, running on the Android™ operating system;
• Announced the new Good Secure EMM Suites by BlackBerry, a comprehensive set of mobile security, management,
productivity and collaboration offerings;
• Announced the launch of a new Professional Cybersecurity Services practice that will further expand the Company’s
security portfolio;
• Announced the new voice encryption solution SecuSUITE for Enterprise;
• Announced BES12 Cloud, a cloud-based enterprise mobility management (“EMM”) solution that offers easy
management of cross-platform devices;
• Obtained the approval of the United States Department of Defense (“DoD”) for the use of Public Key Infrastructure
credentials on BlackBerry OS and BlackBerry 10 smartphones;
• Unveiled a new QNX software platform to enable automotive companies to build a full range of secured automated
driving systems and in-car acoustics; and
• Showcased at the Consumer Electronics Show an IoT over-the-air software platform, as well as BlackBerry Radar, an
asset tracking device and software interface.