Motorola Selling Good Technology to Visto

Motorola is selling off Good Technology. This developer of mobile synchronization software is being acquired by Visto, which is in the same business.

Both companies specialize in offering wireless messaging, mobile VPN data access, device management, and handheld security.

"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.”

Motorola purchased Good several years ago, hoping that its own push email system would make its smartphones more competitive against the BlackBerry line, but things didn't work out that way, and Motorola's phone division is now struggling to keep its head above the water.

The terms of the transaction were not disclosed, but Motorola and Visto intend to close the transaction by the end of February.

Source: Visto via WSJ