Deals
BlackBerry Acquired Social-Media Startup in May
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BlackBerry Ltd. said it made an acquisition earlier this year, placing a bet on the future of its instant-messaging service just months before it made preparations to sell itself.
The struggling Canadian smartphone maker said today that it acquired software developer Scroon in May, its first publicly disclosed acquisition in more than a year, according to data compiled by Bloomberg. The French startup manages Facebook, Twitter and other social-media accounts for large clients like luxury-good maker LVMH Moet Hennessy Louis Vuitton SA, wireless operator Orange SA and Warner Bros. Entertainment. Financial terms weren’t disclosed.