Good Technology Signs Agreement to Acquire AppCentral, Inc.
Acquisition Enhances Mobile Application Management, 'Wrapping' and Distribution Capabilities of the Good Dynamics® Platform
SUNNYVALE, Calif. and SAN FRANCISCO, Oct. 2, 2012 /PRNewswire/ -- Good Technology(TM), the leader in secure enterprise mobility solutions, today announced it has signed an agreement to acquire AppCentral Inc., a privately-held innovator in Mobile Application Management ("MAM") and application 'wrapping' technology. AppCentral products allow enterprises to easily distribute, manage, and secure mobile enterprise applications. The transaction will extend the capabilities of the Good Dynamics platform with AppCentral's AppGuardian® application wrapping and AppCentral® Mobile Application Management solutions. These additional solutions will enable enterprises to increase mobile worker productivity while protecting data and applications on today's popular mobile devices. The financial terms of the acquisition are not being disclosed.
"Our goal is to help make it easy for our customers to securely mobilize and empower their workforces with a wide range of devices and productivity applications," said King Lee, president and CEO, Good Technology. "Our acquisition of AppCentral will accelerate and enhance our ability to provide enterprises, ISVs and systems integrators with the ability to secure and manage mobile apps, helping them maximize the power of mobility."
A report by Forrester Research, Inc., recommends that Security and Risk pros should work with the app dev team to design protection and threat mitigation logic into mobile applications. For native apps, it may involve some form of application wrapping or coding security functions directly into the application itself. The same report also recommends that mobile enterprises should use an enterprise app store as a channel to publish, distribute, and manage applications for its users[1]. The combination of AppCentral's enterprise app storefront and 'app wrapping' capabilities with the Good Dynamics platform will deliver the scalability and control needed to manage mobile apps across iOS, Android, and Windows devices.
AppCentral's 'app wrapping' capability builds upon the application security framework, libraries and services available in the Good Dynamics platform. With the addition of AppCentral, Good Dynamics, provides enterprise developers and Independent Software Vendors (ISVs) with the option to either add an application security 'wrapper' without code integration, or integrate Good Dynamics security libraries directly into their application code. While both approaches provide enterprise-grade application security, code integration delivers additional benefits, such as enabling developers to define app-specific policies (e.g. controlling file access in collaboration apps based on size, type, or other attributes) and to publish app services that multiple apps can utilize without having to duplicate code across every app (e.g. "directory lookup", "search", etc.).
"Good has a long history of innovating and integrating cutting-edge enterprise mobility technologies, and we are excited to help extend Good's leadership in what will shortly be a multi-billion dollar addressable market[2]," said Richard Greene, CEO of AppCentral. "The AppCentral® solution with AppGuardian(TM) will complement the Good Dynamics platform and further enable enterprises to deploy and manage high-value business applications without compromising security or control."
The transaction closed on October 1, 2012. Effective immediately, all AppCentral personnel will become full-time employees of Good Technology and the AppCentral headquarters in San Francisco, California will become a Good Technology office.
About AppCentral
Headquartered in San Francisco, California and founded in late 2007, AppCentral, Inc. is a venture-backed start-up that is funded by BlueRun Ventures. Through its unique AppGuardian and AppCentral technology, AppCentral allows enterprises to easily deploy secure enterprise apps while ensuring complete management and control throughout the application lifecycle. Enterprises count on AppCentral to deliver enterprise productivity without compromising data security or compliance. For more information about AppCentral and its offerings, please visit: http://www.appcentral.com.
About Good Technology
Good Technology, the leader in secure enterprise mobility solutions, creates a world where employees can securely connect, communicate, and collaborate using their personal iOS, Android, and Windows Phone devices. A world where IT can manage mobile apps, devices and enterprise data simply and safely to increase overall business productivity. A world where business information can travel wherever it needs to go, without putting sensitive enterprise or personal data at risk. Good Technology's customers include more than 4,000 organizations worldwide, including FORTUNE 100(TM) leaders in financial services, healthcare, retail, telecommunications, manufacturing, legal, and government. Learn more at http://www.good.com.