Feeds

iPass to buy GoRemote

Erstwhile remote-access rivals merge as telcos circle

3 Big data security analytics techniques

Enterprise-oriented remote-access connectivity provider iPass is to acquire its erstwhile arch-rival GoRemote - aka Gric - for $76.5m in cash, the pair announced last night.

If the proposed merger goes ahead, iPass will pay $1.71 for every outstanding GoRemote common share and $3.37 for its not-so-common shares. GoRemote's stock closed at $1.39 this past Friday. GoRemote's shareholders have to give the plan their thumbs-up, of course, as do US regulatory authorities. GoRemote stockholders together owning 16.7 per cent of the company have already approved the deal, iPass said.

The two firms pitched the merger as an aggregation of complementary offerings. iPass has traditionally targeted business travellers and mobile workers, initially by providing dial-up connectivity, but more recently through fixed-line broadband and wireless. GoRemote has done much the same, but according to the former rivals has had more success than iPass in recruiting companies looking to connect workers operating from remote but fixed locations. Ironically, this is also a business iPass has been pursuing, particularly with its connectivity security offerings.

Either way, the upshot is that the two will be able to merge their respective client and access-point lists, the better to provide an alternative to the connectivity packages offered by telcos and mobile carriers. As high-speed data connectivity becomes increasingly commonplace, whether through Wi-Fi hotspots, 3G cellular links or, soon, WiMax, it's going to be harder for companies like iPass and GoRemote to offer services that much larger companies don't provide too. Hence, iPass' increasing interest in security, the better to differentiate its access offer from the likes of, say, T-Mobile.

iPass and GoRemote hope that their merger will enhance the scope for such differentiation and, equally importantly, give them both the size and improved cashflow - both say the move should yield big cost-savings - to help survive the shift from mere access provision to higher-value services that are needed irrespective of the means by which the worker connects to the corporate LAN. ®

Top three mobile application threats

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.