Motorola Buys Mobile Software Maker

An exterior view of Good Technology Inc. headquarters is seen in Santa Clara, Calif., Friday, Nov. 10, 2006. Cell-phone maker Motorola Inc. said Friday, Nov. 10, 2006, it is buying Good Technology, which provides computing software and services for smartphones and other handheld devices. (AP Photo/Paul Sakuma) (Paul Sakuma - AP)

Danny Shader, chief executive and president of Good Technology, called Motorola an ideal partner for his company because of its global reach, scale, brand name and worldwide network.

Good will continue to support non-Motorola equipment, according to Motorola spokeswoman Juli Burda.

"Motorola will build upon Good Technology's customer and carrier relationships by maintaining its multi-device strategy," she said.

The acquisition, subject to regulatory approval, is expected to close in early 2007.

Shares in Motorola rose 17 cents to $21.37 in late trading on the New York Stock Exchange. They remained down 6 percent this year.

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