Motorola Buys Mobile Software Maker
biz.yahoo.com
Friday November 10, 12:53 pm ET
Motorola Buys Good Technology, Maker of Mobile Computing Software
SCHAUMBURG, Ill. (AP) -- Cell-phone maker Motorola Inc. said Friday it is buying Good Technology Inc., which provides computing software and services for smartphones and other handheld devices.
Financial terms of the deal were not disclosed.
Motorola said Santa Clara, Calif.-based Good Technology, a Blackberry rival, will join its mobile devices unit.
The acquisition, subject to regulatory approval, is expected to close in early 2007.
Good Technology's GoodLink software provides handheld devices with wireless access to Microsoft's Outlook application. Its software also provides access to information stored in corporate databases.
The privately held firm originally offered its own handheld device following its founding in 2000 but now focuses on software and services.
Ron Garriques, president of Motorola's cell phone unit, said Good Technology's services, products and customers all complement its business.
"This acquisition will continue to strengthen Motorola as a leading provider of mobility devices and solutions both for enterprise customers and consumers," he said.
The two companies have an existing business relationship, with Good Technology using Good Mobile Messaging on the Motorola Q smartphone.
Danny Shader, chief executive officer and president of Good Technology, said Motorola is an ideal partner for his company because of its global reach, scale, brand name and worldwide network. |
