After Trying to Sue Toronto’s Fixmo, Good Technology Decides to Acquire Most of the Company

rick-segal-fixmo

They say some friendships start off with a good old disagreement.

Sunnyvale, California’s Good Technology has acquired most of Fixmo, a Toronto-based  mobile risk management company that helps organizations identify, mitigate and manage risks associated with mobile deployment. The move comes after a patent infringement lawsuit filed by Good against Fixmo in the United States District Court for the Northern District of Texas.

Among them are Fixmo’s U.S. business, its “Sentinel Integrity Services” and other key products into the company’s industry-leading secure mobility platform.

Good Technology makes products for managing and securing mobile devices in a business environment and has over 5,000 enterprise companies in industries such as financial services, healthcare, manufacturing, energy and utilities, legal, government, and technology. Internet pioneer Visto acquired and assumed the name of Good Technology in 2009, and along the way has raised $211 million in funding.

Founded in 2009, Fixmo is the Toronto-based company part of iNovia Capital’s portfolio, and has raised $31 million in venture funding to date. Several of its top people spent time at BlackBerry previously.

Fixmo Sentinel Integrity Services helps IT organizations ensure mobile devices start and remain in a known trusted state and within corporate compliance.

Late last year, Fixmo was selected to provide mobile data protection and cyber security solutions for the U.S. Defense Information Systems Agency (DISA).  Fixmo’s technology is used to secure mobile applications and protect the integrity and compliance of DISA-managed mobile devices.

“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.”

In connection with the acquisition, Good Technology will expand its employee base and take over Fixmo’s Sterling, Virginia and Toronto, Canada offices to support ongoing research and development.

Photo by Cantech Letter

Joseph Czikk

Joseph Czikk

Joseph Czikk previously has written for the National Post, Montreal Gazette, Vancouver Sun, Regina Leader Post, Techvibes and BC Business Online. Joseph often goes crazy on twitter during NHL and NFL games.