Having completed the acquisition of Good Technology from Motorola, Visto and the combined entity going forward will operate under the Good Technology name.
Last week, Visto described the combination as one that will give it expertise in both the consumer/prosumer markets, where Visto has excelled, and the enterprise market, where Good Technology focused.
"We have doubled our market penetration and are the clear alternative to closed, vendor-biased solutions from Microsoft and RIM,” said Brian Bogosian, president, chairman and CEO, in a statement. “We now provide one global, open and secure platform that gives government, IT and consumers complete freedom of choice around handsets and OS in a fragmented mobile device market.”
The newly combined company employs 400 people in 10 countries.
Leaders in the mobile e-mail solutions space last week said they were not surprised by Visto’s move. “We don’t expect it to change the current market trends,” said Seven President and CEO Ross Bott.
Funambol CEO Fabrizio Capobianco was more critical, saying Visto is acquiring technology and a few customer assets of “dubious value,” and the move further validates the open source approach to mobile e-mail for the enterprise as viable, as Good under Motorola’s ownership was unable to crack RIM’s and Microsoft’s stranglehold on customers.
For its part, the new Good Technology says it will have the benefit of Good’s relationships with U.S. operators and an extensive base of enterprise customers.