Good Technology Buying Neomar

Good Technology has apparently admitted that later this week they’ll announce that they’ve acquired Neomar, and will use their technology in the latest version of their software. Good was already an investor in Neomar, and it sounds like a situation where Neomar was probably struggling and Good wanted to make sure they kept the technology for themselves to use. What I’m confused about is why admit to the fact that they’re announcing the deal on Wednesday? Once the news is out, why wait?

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...