Motorola Mobility Acquires 3LM
LIBERTYVILLE, Ill., Feb. 14, 2011 - Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced that it has acquired Three Laws Mobility, Inc. (3LM), a developer of mobile enterprise security software and solutions and mobile device management products for the Android operating system. The agreement was completed in late 2010 and terms of the transaction were not disclosed.
3LM's technology is designed to enable the adoption of Android devices by businesses and governmental entities. The 3LM technology addresses ease-of-use, cost-of-management and security concerns for IT managers and chief information officers by making Android devices more manageable within corporate environments. 3LM's solutions provide Android devices with complementary functionality that enables the development of enterprise security features and an IT device management service for Android devices. The acquisition is expected to enable the commercialization of device management services in the second quarter of 2011.
In addition to incorporating the technology into Motorola Mobility products, Motorola intends to make the 3LM solution available to other handset manufacturers. 3LM will continue as a business unit within Motorola, and expects to work with other leading Android device manufacturers, to promote and distribute the 3LM solution for Android in the enterprise.
"Along with their technology, the 3LM team brings deep knowledge and expertise in the development of enterprise security features and software for Android," said Christy Wyatt, corporate vice president of software and services product management for Motorola Mobility. "With 3LM, we are excited to be able to work across the Android ecosystem to accelerate the adoption of Android devices by corporate users and their IT departments. We are excited to welcome 3LM's talented personnel to the Motorola Mobility team."
"We are extremely pleased to have joined the Motorola Mobility team," said Tom Moss and Gaurav Mathur, co-founders of 3LM, who will continue to lead the 3LM business within Motorola Mobility. "We are excited to be able to work across the Android ecosystem to complement the Android platform with device management capabilities that IT managers are looking for."
About Motorola Mobility
Motorola Mobility Holdings, Inc. (NYSE: MMI) fuses innovative technology with human insights to create experiences that simplify, connect and enrich people's lives. Our portfolio includes converged mobile devices such as smartphones and tablets; wireless accessories; end-to-end video and data delivery; and management solutions, including set-tops and data-access devices. For more information, visit motorola.com/mobility.
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SOURCE Motorola Mobility Holdings, Inc.
