0
Mobile & Wireless

Samsung buys small stake in Fixmo

Tuesday 22 January 2013 | 08:52 CET | News

Samsung Ventures has acquired a small equity stake in Canadian mobile security software company Fixmo for an undisclosed amount, Fixmo CEO Rick Segal told Bloomberg. Fixmo sells security software, such as Sentinel and SafeZone, developed with the US National Security Agency. "Samsung is getting very serious about taking on RIM in their own backyard, in government and enterprise," Segal said. The Korean company aims to replicate its success with consumers in the business sector, as more firms adopt the bring-your-own-device trend. According to Segal, Samsung was looking at companies like Fixmo to gain insight and to lay down strategic markers in areas like security and storage.

Samsung Ventures America senior investment manager Hyuk-Jeen Suh says in a subsequent press release from Fixmo that it invests in companies with a potential strategic fit with Samsung. He sees secure enterprise mobility, BYOD and personal privacy protection as some of the most important and exciting areas in telecommunications.


Categories: Mobile & Wireless
Companies: Fixmo / Samsung
Countries: Canada
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






1.9%
Service revenues grow 1.9% in 2014 Q2
Austria  |  2014 Q2

Calendar   /   Industry Events

31 Oct TDC Q3 2014
31 Oct Sony fiscal Q2
31 Oct KDDI fiscal Q2
31 Oct NTT Docomo fiscal Q2
31 Oct HTC Q3 2014
31 Oct Ntelos Q3 2014
03 Nov Redline Communications Q3 2014
03 Nov Crexendo Q3 2014
03 Nov AIS Q3 2014
03 Nov Sprint Q3 2014
03 Nov TelecityGroup Q2 FY2014/15
03 Nov Earthlink Q3 2014
03 Nov Ruckus Wireless Q3 2014
03 Nov DSP Group Q3 2014
03 Nov MVNO Networking Congress
03 Nov RAN World
04 Nov Frontier Communications Q3 2014
04 Nov Com Hem Q3 2014
04 Nov Softbank fiscal Q2
04 Nov Motorola Solutions Q3 2014
04 Nov DISH Network Q3 2014
04 Nov IP Packet Optical Convergence
04 Nov TV Connect MENA
04 Nov CEM World Congress
05 Nov Sierra Wireless Q3 2014
05 Nov Level 3 Q3 2014
05 Nov Fairpoint Communications Q3 2014
05 Nov Liberty Global Q3 2014
05 Nov AVG Technologies Q3 2014
05 Nov Ixia Q3 2014
::: More Calendar Items