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Mobile

Moto Offloads Good Technology

REDWOOD CITY, Calif., and SCHAUMBURG, Ill. -- VISTO(R), a leading mobile push and synchronization platform for service providers, today announced that it has entered into a definitive agreement to acquire Good Technology from Motorola, Inc. (NYSE: MOT). This acquisition immediately positions VISTO as a global leader in the delivery of a full range of secure, mobile messaging solutions for enterprises through mobile operators and OEM handset manufacturers.

The terms of the transaction were not disclosed. The parties intend to close the transaction by the end of February.

"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 Corp.

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