Motorola
to acquire Good Technology
Motorola will acquire the Santa Clara based wireless software
startup company Good Technology for an undisclosed amount,
the companies said in a joint statement Friday. Good currently
provides e-mail software for the Schaumburg, Ill., mobile
telecommunications company's Q smartphone. The deal will
give Motorola direct access to technology that could help
it compete with Research In Motion's BlackBerry among
corporate users of mobile email. Recently arch-rival Nokia
bought Intellisync, another mobile e-mail provider.
Good
claimed to have 12,000 corporations using its software.
Analyst said the reason Good had to sell was because it
was running out of money. Good is said to have had 250,000
subscribers (compared to almost 7 million for RIM's BlackBerry)
and was spending millions per quarter to keep going.
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