Absolute (ABST) to Acquire NetMotion

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Go back to Absolute (ABST) to Acquire NetMotion

Absolute Software to Acquire NetMotion, to Deliver the Next Generation of Endpoint Resilience

May 11, 2021 4:35 PM EDT

Positions Company for Entry into High Growth Adjacent Market with Compelling, Competitively Advantaged ZTNA and SASE Product Portfolio, on Foundation of Strong Profitability

Expected to be Accretive to ARR, Revenue, and Adjusted EBITDA Growth Going Forward

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)-- Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (Absolute), a leader in Endpoint Resilience solutions, today announced it has signed a definitive agreement to acquire NetMotion Software, Inc., a leading provider of connectivity and security solutions (the... More