Good Technology acquires Fixmo Assets
Good Technology has acquire certain assets of Fixmo Inc., including Fixmo U.S., Inc., and will integrate Fixmo’s Sentinel Integrity Services and other key products into its secure mobility platform. Financial terms were not disclosed.
The acquisition brings closure to the patent infringement lawsuit filed by Good against Fixmo.
In connection with the acquisition, Good Technology intends to expand its employee base and leverage Fixmo’s Sterling, Virginia and Toronto offices to support ongoing research and development.
Developed under a Co-operative Research and Development Agreement (CRADA) with the U.S. Department of Defense (DoD), Fixmo Sentinel Integrity Services helps IT organizations ensure mobile devices start and remain in a known trusted state and within corporate compliance.
“Every day the cyber landscape is changing and customers, and both government agencies and enterprises are struggling to secure sensitive data shared on mobile devices,” said Christy Wyatt, Chairman & CEO of Good Technology. “With the addition of Fixmo’s unique device integrity and tamper detection technology to the industry’s leading secure container and platform from Good, we can uniquely deliver defense-grade security to ensure all layers, from the OS to applications and data shared between apps, are protected with the most advanced security framework available, unmatched by any other mobile solution provider.”
“Good and Fixmo share a common goal: to enable organizations to embrace mobility without compromising on security,” said Rick Segal, Founder and CEO of Fixmo. “This acquisition, and the strength of our combined solution, will provide the most advanced capabilities for our customers and more opportunities to innovate for our partners and employees.”
Founded in 2009, Fixmo has been backed by Extreme Venture Partners, Horizons Ventures, iNovia Capital, KPCB, Paladin Capital Group, Panorama Capital, Rho Canada Ventures, Motorola Solutions Venture Capital, and Samsung Venture Investment Corporation.