Motorola Solutions Invests in Mobile Device Security Firm (8/9/12)
Motorola Solutions Venture Capital invested in Fixmo, a provider of mobile security, compliance and risk management solutions for the public and private sectors.
Fixmo’s products help organizations manage their secure mobile devices, maintain system integrity, protect their corporate data and prove policy compliance. The investment from Motorola Solutions will be used to bolster the company’s research and development activities and global market expansion.
"Police departments, federal agencies, hospital employees and a wide range of business professionals are sharing increasing amounts of sensitive information from their mobile devices,” said Tony Palcheck, managing director of Motorola Solutions Venture Capital. “There is a growing imperative to ensure that these devices are compliant and in a high-integrity state. With a unique approach to mobile risk management, Fixmo products give organizations the confidence and audit trail they need to meet stringent compliance requirements whether they are in the public or private sector.”
Fixmo offers a layered approach to mobile security and risk management to help organizations manage and monitor their mobile devices, and more importantly, stay in compliance with corporate policies and government regulations, said Rick Segal, CEO, Fixmo.
“We feel Fixmo’s product portfolio complements Motorola Solutions’ existing security offerings while providing data management features necessary for today’s demanding mobile environment,” said Brenda Herold, corporate vice president, global ASTRO products and solutions, Motorola Solutions.
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