Motorola Sells Good Technology Unit to Visto
Motorola Sells Good Technology Unit to Visto

Motorola bought Good Technology two years ago, but has now decided to sell it to the mobile email provider Visto. The mobile messaging company and the privately held email provider for mobiles announced about the deal just today. Visto added that the new unit they had bought from Motorola will help them develop the base of their user as to better compete against Research in Motion, the creator of the Blackberry.

Research in Motion has dominated the mobile email market until now, after it had created it.

The WSJ.com reported that the sale closed at a much higher price than the one at which Motorola first bought it, the one of $500 million. The mobile messaging company bought Good Technology when it was already gaining market place with its Razr handset. The same Web site wrote that Motorola gained $6.6 billion with the device, out of its $11.2 billion that had made in a single quarter.

Good Technology finally became the injured party among the anguish moments that Motorola has been going through, which had put on hold the plans for consumers email and merged the messaging firm with its Symbol Technologies unit. This unit sold handheld scanners and other devices for the workers with blue collars.

In the end, the unit failed in gaining traction among its retail, industrial clients and its delivery services. Even Nokia thought about reorganizing its corporate email services and cancelled them after they had bought Intel Sync in 2006 for $430 million.

The deal that Motorola now has with Visto is expected to get to an end by February 2009.




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