Feeds

iPass to link phones, PDAs to corporate LANs

Buys Mobile Automation for device security code

  • alert
  • submit to reddit

Designing a Defense for Mobile Applications

Corporate remote access provider iPass this week announced a move into the mobile device management sector after revealing rising Q3 revenue and income.

For the three months to 30 September 2004, iPass realised revenues of $41.9m, up 3.7 per cent on the previous quarter and 19.7 per cent on Q3 2003's $35m. Q3's sales yielded $5.2m (eight cents a share) of net income, up 15.6 per cent sequentially from Q3 2003's $4.5m (seven cents a share) and $4.5m in Q2 2004.

Operating income totalled $8m, up from the previous quarter's figure of $7.2m and the $6.2m recorded for Q3 2003.

During the quarter, iPass saw the number of users accessing its aggregated network of dial-up numbers, Wi-Fi hotpots and wired Ethernet links jump from 415,000 in September 2003 to 526,000 in September 2004, though that figures is down on July 2004's total, 528,000.

Looking ahead, iPass said it expects Q4 to yield earnings of around six cents a share, down from operating earnings of seven cents a share thanks to the cost of acquiring the privately held Safe3w, a provider of device 'fingerprinting' technology which it will use in its Policy Orchestration system - the foundation of the company's evolution from a provider of remote access to effectively offer outsourced extensions to the corporate LAN.

The company also said it has agreed to acquire Mobile Automation, which develops software to allow corporates to centrally manage mobile device assets to ensure they can be used to connect to an enterprise's network securely and keep OS and apps up to date. That's clearly a key component of iPass' Policy Orchestration, particularly as more handheld devices are used to connect back to base rather than laptops. It also ties in to the Safe3w acquisition.

IPass' Q4 forecast does not include the cost of privately held Mobile Automation acquisition, which comes to $20m in cash, to be paid from iPass' reserves. The purchase is expected to be completed by the end of November 2004. ®

Related stories

iPass extends Wi-Fi coverage to stratosphere
iPass touts network access policy devolution
Report raps Wi-Fi providers for 'location inflation'
iPass aggregates T-Mobile US hotspots
Broadreach scoops up roaming partners
iPass aggregates Swisscom hotspots

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Apple fanbois SCREAM as update BRICKS their Macbook Airs
Ragegasm spills over as firmware upgrade kills machines
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Attack of the clones: Oracle's latest Red Hat Linux lookalike arrives
Oracle's Linux boss says Larry's Linux isn't just for Oracle apps anymore
THUD! WD plonks down SIX TERABYTE 'consumer NAS' fatboy
Now that's a LOT of porn or pirated movies. Or, you know, other consumer stuff
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.