BoxTone buys 3LM technology, customer and partner bases from Motorola
BoxTone, an enterprise mobility management firm, has purchased the intellectual property, along with the customer and OEM partner base, of 3LM from Motorola for an undisclosed consideration, Brian Reed, chief product officer with the company, told FierceMobileIT.
"We assumed control [of 3LM], transferred the IP, the customer base, and the partner base to BoxTone, and we are carrying it forward. It is not an acquisition in the traditional sense, it is really a technology, customer and partner transition to BoxTone," Reed said. The agreement was concluded in the first quarter, he related.
Reed confirmed that BoxTone paid cash for the assets, but declined to specify the amount.
Motorola had acquired 3LM during Christy Wyatt's tenure there, she told FierceMobileIT in an exclusive Q&A. 3LM focuses on mobile device management with a high level of security for Android devices used in regulated industries, such as financial services, healthcare, oil and gas, and utility.
"Motorola had decided that the capabilities of 3LM were not part of its core mission, but wanted to make sure the capabilities were in the market. We were a long-term partner with 3LM. We had been embedding and reselling 3LM technology to our regulated industry partners for over two years. When Motorola Solutions decided to focus on building devices for Google, they decided that the technology should continue," Reed explained.
BoxTone said Wednesday that it will provide ongoing development and support for 3LM Android technology and customers.
"What you have are more and more Android models being brought into the enterprise, which is looking for ways to uniformly support all of the different Android manufacturers," Reed explained.
3LM's mission is to provide "enterprise ready unified support for all Android manufacturers with a high-degree of security and centralized management necessary for use in regulated industries ... BoxTone is now in control of the technology, the customer base, and the partner base so we can carry it forward in the industry," Reed said.
Reed noted that there are over half a million mobile devices that are secured with the 3LM technology.
Last month, BoxTone announced that it was opening a sales, engineering and support office in Mountain View, Calif., in the heart of Silicon Valley, and expanding its headquarters location in Columbia, Maryland. Reed said that the new office is where the 3LM staff and technology are located.