The transaction will be closed in 2007

Nov 14, 2006 07:25 GMT  ·  By

Motorola and Good Technology announced recently that the companies have signed a definitive agreement under which Motorola will acquire privately held Good Technology, one of the leaders in enterprise mobile computing software and service.

Good Technology, based in Santa Clara, seems to be 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.

Terms of the transaction were not yet disclosed. The acquisition, which is subject to regulatory and other customary conditions, is expected to close in early 2007.