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Motorola Completes Acquisition of AirDefense
Sep 30, 2008 (08:09 AM EDT)
SCHAUMBURG, Ill., Sept. 30 /PRNewswire-FirstCall/ -- Motorola , Inc. today announced the completion of its acquisition of AirDefense, Inc., a leading wireless LAN (WLAN) security provider.
As previously announced on July 28, 2008, Motorola signed a definitive agreement to acquire privately-held AirDefense, which will become a wholly owned subsidiary of Motorola integrated into Motorola's Enterprise Mobility business.
"The acquisition of AirDefense by Motorolawas the logical next step to a very successful three-year OEM partnership,"said Kathy Paladino, president of Motorola's Enterprise Mobility business. "Together with AirDefense, Motorola will secure enterprise networks with a common platform solution providing superior indoor and outdoor wireless protection for users operating in a variety of settings including corporate headquarters, manufacturing and distribution plants, and remote branch offices."
Enterprises are increasingly seeking reliable, secure wireless networks from trusted suppliers of mission critical communications. AirDefense, with its patented technology, is the premier provider of wireless intrusion prevention systems (WIPS) that enable corporations to secure their networks against wireless security threats and to comply with regulatory and industry requirements. This acquisition allows Motorola to further complement its assets in RF diagnostics and planning as well as its strengths in RF management.
"We are excited to unite our people, processes and technology with Motorola to ensure secure wireless mobility today and in the future as customers migrate to 802.11n, mesh networking and fixed-mobile convergence," said Mike Potts, former chief executive officer of AirDefense. "The AirDefense solution has already been successfully delivered, installed and validated with over 800 leading enterprises worldwide, including numerous direct Motorola customers. The Motorola-AirDefense platform will continue to exceed the global needs of the WIPS market allowing our customers to enjoy comprehensive wireless security regardless of their WLAN infrastructure."
Based upon the success, trust and valued relationship through the years, the combination of Motorola's WLAN infrastructure and AirDefense's best-of-breed features will further enhance network security offerings with next-generation, gap-free security for every enterprise user via integrated wireless firewall, AAA, VPN, locationing and industry-best WIPS ensuring FIPS and Common Criteria EAL-4 validated security for PCI, SOX and HIPAA-compliant protection around the clock.
"This transaction is a tremendous opportunity for Motorola to enhance its WLAN portfolio by utilizing AirDefense's relationships and technology to further integrate WIPS security solutions into our WLAN infrastructure offerings," said Sujai Hajela, vice president and general manager, Motorola Enterprise Wireless LAN division. "We look forward to deepening our integration to meet our customers' demand for a secure and reliable all-wireless enterprise at the lowest total cost of ownership while continuing to offer and enhance AirDefense's vendor-agnostic security and management solutions."
Enterprise WLAN is part of Motorola's portfolio of innovative wireless broadband solutions and services that complement and complete IP networks. Delivering IP coverage to virtually all spaces both indoors and outdoors, the portfolio includes fixed broadband, mesh, broadband over powerline, and Enterprise WLAN solutions for private and public networks that, together, truly deliver the wireless enterprise.
Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com
Certain statements contained in this press release, including future financial and operating results, benefits and synergies of the transaction, future opportunities and offerings for the combined company and products, any other statements regarding Motorola's or AirDefense's future expectations, beliefs, goals or prospects, and any statements that are not statements of historical facts might be considered forward-looking statements. While these forward-looking statements represent managements' current judgment of future events, they are subject to risks and uncertainties that could cause actual results to differ materially from those stated in the forward-looking statements. Important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements include: (i) the possibility that the parties may be unable to achieve expected synergies and operating efficiencies within the expected time-frames or at all; (ii) Motorola's ability to successfully integrate AirDefense's operations into those of Motorola and the possibility that such integration may be more difficult, time-consuming or costly than expected; (iii) revenues following the transaction may be lower than expected; (iv) operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients or suppliers) may be greater than expected following the transaction; (v) the retention of certain key employees at AirDefense; (vi) the inability to protect either party's intellectual property rights may weaken its competitive position; and (vii) the other factors described in Motorola's Annual Report on Form 10-K for the year ended Dec. 31, 2007 and its subsequent reports filed with the SEC. Motorola and AirDefense assume no obligation to update or revise any forward-looking statement in this press release, and such forward-looking statements speak only as of the date hereof.
MOTOROLA and the Stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2008. All rights reserved.
CONTACT: Media, Bill Abelson, +1-631-738-4751, firstname.lastname@example.org,or Kristin Callaway, +1-770-843-5256, , both ofMotorola, Inc., or Investors, Dean Lindroth of Motorola, Inc.,+1-847-576-6899, ; or Tom Savini of AirDefense,+1-770-289-1557,
Web site: http://www.motorola.com/