Saturday, 17 May 2014

Good Technology Expected to Increase $100 millions in IPO

Good Technology, known as the well-known enterprise level of security firm has expected to enhance big amount equal to 100 millions of dollars in IPO, as per the reports and relevant documents filed recently with the help of SEC. Since, IPO is a hit, it would obviously mark one of the biggest as well as craziest business journeys, which people have ever heard of and remained filled with many big wins and even disappoints along the entire way. 


Currently, the company has gained its name for the delivery of various enterprise levels of mobile security products to allow business ventures in proper tracking and giving high level of protection to entire fleet tablets and Smartphone devices. Many people associated with the technology sector have perceived this operational field of the company as full of excitements and many competitors of Good Technology have swallowed up in its acquisitions, which include purchase of Airwatch by VMware in the month of January for massive amount worth 1.54 billion dollars.

Well-known companies involved in providing technology-based solutions or system integration solutions have even said Good Technology has become famous for its powerhouse venture capitalist located at Kleiner Perkins named Trae Vassallo, who is the cofounder of the business venture. She opined about the company, as “At the end of 2002, it was nuclear winter from the economy perspective. As a cofounder at Good and a hardware product designer, I was leading strategy on the hardware side of the business. It became clear to me and the management team that in order to survive, we had to make the tough decision to focus on software and stop making hardware.” Get details about the IPO and Good Technology from here.

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