Motorola to Acquire Good Technology

Motorola to Acquire Good Technology

Motorola, Inc. (NYSE: MOT) and Good Technology, Inc. today announced that the companies have signed a definitive agreement under which Motorola will acquire privately held Good Technology, a leader in enterprise mobile computing software and service. Terms of the transaction were not disclosed.

Good Technology, based in Santa Clara, is a strategic addition to Motorola’s Mobile Devices business. The acquisition will extend Motorola’s mobile computing capabilities and increase the company’s enterprise client base. Good Technology’s wireless messaging, data access and handheld security offerings provide intuitive and advanced productivity solutions for mobile professionals with enterprise-level device security and management.

Motorola will build upon Good Technology’s customer and carrier relationships by maintaining its multi-device strategy. Good Technology’s software and service offerings have been chosen by more than 12,000 enterprises around the world. In addition, Good Technology’s highly reliable, secure connectivity platform offers the potential to power applications beyond email while extending to customers beyond the enterprise.

“The addition of Good Technology will advance Motorola’s vision of seamless mobility,” said Ron Garriques, president, Motorola Mobile Devices business. “Good Technology’s solutions, talent and customers complement Motorola’s business and extend our ability to deliver compelling products and services to enterprise customers. Good Technology’s software and managed service deliver a rich user experience, low cost of ownership, industry-leading security and enterprise-class support. These competitive differentiators have led many enterprise customers to choose Good Technology. This acquisition will continue to strengthen Motorola as a leading provider of mobility devices and solutions both for enterprise customers and consumers.”

Read the complete Press Release