Monday, February 23, 2009

VISTO to Acquire Good Technology From Motorola

VISTO, which offers a mobile push and synchronization platform for service providers, will acquire Motorola's Good Technology division. Financial terms were not disclosed. The deal is expected to close by the end of February.

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 service offerings in the U.S. Europe and Asia will enable VISTO to provide its government and enterprise customers with a broader range of secure mobile offerings.

"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."

Visto is based in Redwood Shores, California, and has offices in Seattle, Toronto, London, Milan, Paris, Madrid, Dusseldorf, and Tianjin, China. The Company is backed by Oak Investment Partners, Draper Fisher Jurvetson, Altitude Capital Partners, Meritech Capital Partners, DFJ ePlanet Ventures, DFJ Growth Fund, Rustic Canyon Ventures, GKM Newport, Stanford Accelerator and Blueprint Ventures.

  • In November 2006. Motorola acquired Good Technology, a supplier of enterprise mobile computing software and service, for an undisclosed sum. At the time, Good's mobile messaging client was supported on the newly launched Motorola Q handheld, among other devices. Good Technology's software and service offerings enable wireless messaging, data access and handheld security. Good Mobile Messaging and Good Mobile Intranet solutions extend enterprise applications - including Microsoft Outlook, Lotus Domino, intranets and certain web-enabled corporate applications - to mobile employees by using end-to-end AES encrypted, FIPS 140-2 certified security, and cradle-free, real-time two-way wireless synchronization.