California-based secure mobility company Good Technology this week acquired Toronto's Fixmo. Interestingly, the deal brings closure to a patent infringement lawsuit filed by Good Technology against Fixmo in the United States District Court for the Northern District of Texas.
Fixmo was founded in 2009. It provides mobile data protection and cyber security solutions. The Canadian startup had raised well over $30 million in venture capital in the last few years.
“Every day the cyber landscape is changing and customers, and both government agencies and enterprises are struggling to secure sensitive data shared on mobile devices,” said Christy Wyatt, Chairman and CEO of Good Technology. “With the addition of Fixmo’s unique device integrity and tamper detection technology to the industry’s leading secure container and platform from Good, we can uniquely deliver defense-grade security to ensure all layers, from the OS to applications and data shared between apps, are protected with the most advanced security framework available, unmatched by any other mobile solution provider.”
“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.”