Motorola sells mobile email unit to Visto

25 February 2009

Redwood City: Visto, a leading mobile push and synchronisation platform for service providers, Tuesday announced that it has entered into an agreement to acquire Good Technology from Motorola Inc. The deal is expected to close within a week.

The acquisition will help Visto grow its user base to better compete against Blackberry-maker Research In Motion (RIM), which dominates the mobile email market.

Good Technology specialises 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 US, Europe and Asia will enable Visto to provide its government and enterprise customers with the benefits of a broader range of solutions.

Terms of the deal were not disclosed, but according to market speculations, the deal will fetch far less than the $500 million that the handset maker paid when it bought Good Technology in January 2007.

The acquisition will enable Visto to expand its range of services such as wireless messaging, mobile virtual private network data access, device management and handheld security.

It will also propel Visto as a global leader in the delivery of a full range of secure, mobile messaging solutions for enterprises through mobile operators and original equipment manufacturers (OEM).