VISTO to acquire Good Technology from Motorola
VISTO(R), a leading mobile push and synchronization platform for service providers, today announced that it has entered into a definitive agreement to acquire Good Technology from Motorola, Inc. (NYSE: MOT). This acquisition immediately positions VISTO as a global leader in the delivery of a full range of secure, mobile messaging solutions for enterprises through mobile operators and OEM handset manufacturers.
The terms of the transaction were not disclosed. The parties intend to close the transaction by the end of February.
“This transaction marks another important milestone in VISTO’s emergence as a worldwide leader for mobile access to applications and content, especially messaging and collaboration data. Good’s robust enterprise and government solution will complement VISTO’s strong operator presence in business and consumer markets,” said Brian A. Bogosian, CEO of VISTO. “As a result of this transaction, VISTO will now provide customers in over 100 countries an open, robust and secure mobile experience for enterprise customers, on over 400 different mobile devices.”
Good Technology specializes in offering wireless messaging, mobile VPN data access, device management and handheld security for enterprise customers worldwide. The addition of Good’s extensive service offerings in the U.S. Europe and Asia will enable VISTO to provide its government and enterprise customers with the benefits of a broader range of solutions and best-in-class secure mobile offerings.
VISTO has extensive relationships with mobile operators throughout Europe, North America, and Asia. Good, through its relationships with U.S. Mobile Carriers, has implementations with thousands of enterprises, including many of the Fortune 500 with a high concentration of the Fortune 50.
“We believe that this transaction is in the best interest of our customers, employees and shareholders,” said Gene Delaney, president, Enterprise Mobility Solutions, Motorola, Inc. “VISTO’s acquisition of Good will allow Motorola to continue to concentrate on providing best-in-class business-critical applications, secure management platforms and mobility services that empower the individual with the right information at the right time to streamline business processes and improve results.”