Smith Micro to Acquire Ecutel Systems, Inc. Bringing Seamless Network Roaming and Secure Connectivity to Enterprise biz.yahoo.com
Tuesday February 6, 9:00 am ET
Smith Micro's QuickLink Mobile in Combination With Ecutel's IPRoam Will Deliver a New Class of Connection Manager Solutions for PCs and Smart Devices
ALISO VIEJO, Calif., Feb. 6 /PRNewswire-FirstCall/ -- Smith Micro Software, Inc. (Nasdaq: SMSI), a developer and marketer of a wide range of software and services for the wireless market, today announced it has signed a definitive agreement to acquire privately held Ecutel Systems, Inc., a pioneering developer of standards-based, secure enterprise mobility software solutions. Ecutel's industry leading products, IPRoam and Viatores, provide seamless mobile security to all facets of the enterprise mobile workforce.
The integration of IPRoam and Viatores with Smith Micro's QuickLink Mobile Enterprise connection manager, will allow for a unique connectivity solution that will offer the IT marketplace always-on and secure WWAN (Wireless Wide Area Network) and Wi-Fi (Wireless Local Area Network) connections for mobile users.
"Ecutel's technology is the perfect compliment to our enterprise connectivity strategy and demonstrates our continuous commitment to increasing our business in the enterprise market and providing our existing customers with next-generation connectivity solutions," said William W. Smith, Jr., Smith Micro's President and CEO. "In addition to strengthening our enterprise product offering, we believe this acquisition will broaden our product footprint into the security and device management sectors, allowing us to deliver products that appeal to customers in this high-growth market."
In addition to integrating IPRoam functionality, Smith Micro plans to integrate into its QuickLink Mobile Enterprise product features from Ecutel's IC2 -- a remote enterprise system management solution that enables IT professionals to securely manage their network appliances, servers, and users from any handheld device using any available network. Organizations will now gain full control of their wireless network management functions, and reduce the costs associated with maintaining high levels of system and network uptime.
IPRoam is a client-server software solution that enables seamless network roaming and session persistence, providing mobile workers with always-on, secure wireless access to their enterprise resources, thus solving the critical problems that have long hindered the adoption of true workforce mobility in the enterprise. IPRoam enables roaming and session persistence by using Mobile IP, and additionally adds VPN security for laptops and handheld mobile devices.
Ecutel's EASi agent and policy server is integrated with IPRoam to add borderless endpoint security for mobile devices. Enterprise network administrators can establish, manage and enforce policies for security, access control and device management -- ensuring mobile computing devices are protected and network access policies are continuously enforced for mobile devices connecting to the corporate network.
Pursuant to the terms of the agreement, Smith Micro will purchase Ecutel for $8 million in cash. The acquisition is subject to customary closing conditions and is expected to close in February 2007. |
