Motorola Sells Mobile Email Subsidiary

Motorola is to sell its mobile email subsidiary, Good Technology to rival supplier, Visto for an undisclosed amount. Motorola originally brought Good Technology in November 2006 from its private owners.

"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 has extensive relationships with mobile operators throughout Europe, North America, and Asia. Good, through its relationships with U.S. Mobile Carriers, has implementations with thousands of enterprises, including many of the Fortune 500 with a high concentration of the Fortune 50.

"We believe that this transaction is in the best interest of our customers, employees and shareholders," said Gene Delaney, president, Enterprise Mobility Solutions, Motorola, Inc. "Visto's acquisition of Good will allow Motorola to continue to concentrate on providing best-in-class business-critical applications, secure management platforms and mobility services that empower the individual with the right information at the right time to streamline business processes and improve results."

Posted to the site on 24th February 2009