Plc (LSE-AIM: GBO), the global provider of complete enterprise
mobility solutions and Software-as-a-Service ("SaaS"), today announced
the acquisition of San Francisco, California based Sourcebits,
a leading designer and developer of mobile applications for enterprise
The acquisition of the services division of Sourcebits strengthens
GLOBO's mobile application development capabilities and enhances its
competitiveness in enterprise and consumer apps. Sourcebits' extensive
developer resources and skills, and app design expertise add to Globo's
unique product proposition that merges enterprise mobility management (GO!Enterprise)
with mobile application development (GO!AppZone).
It expands Globo's operations in North America, and adds another revenue
stream that comes from offering professional services in mobile app
design, development and consulting.
"We stated our intention of expanding GLOBO's footprint in North America
a while ago," said Costis Papadimitrakopoulos, CEO of GLOBO. "Our first
move was the acquisition of San Jose, California based Notify Technology
last October. This acquisition reinforces our commitment to US market,
and gives us access to Sourcebits' developer resources, customer
relationships and a solid brand name."
Costis added, "Enterprise mobility has moved beyond device, data and app
management. Today's customers also want a rich user experience and an
elegant user interface. Now, with Sourcebits, GLOBO can excel in meeting
customer demands for mobile application design and development. Most
importantly, this gives us a sought after competitive edge."
Founded in 2006, Sourcebits has delivered more than 500 mobile, web and
desktop apps for iOS, Android, BlackBerry, Symbian and Windows
platforms. More than 30 of these apps have been in the top ten positions
in app marketplaces such as iTunes. Fortune 500 customers want the
capability of developing cross-platform apps which may be pure HTML5,
hybrid or native; and, Sourcebits' expertise extends the scope of
GLOBO's MADP capabilities in meeting these demands.
Recognized by Gartner as a "Cool Vendor" in its April 2014 Survey,
Sourcebits has an established client base that includes Intel, SAP, P&G,
Coca-Cola, Hershey's, Bank of America and other leading brands. The
Sourcebits services team will continue its operations in San Francisco,
USA and Bangalore, India.
Globo plc is a global provider of complete enterprise mobility solutions
and SaaS. Our GO!Enterprise (EMM) and GO!AppZone (MADP) offerings help
businesses expand their engagement with employees and customers through
the mobile channel via a secure and extensible environment that runs on
all smart devices. The Group operates internationally through
subsidiaries and offices in US, UK, Europe, Middle East and South East
Asia. Globo was recognized in the 2014 Gartner Enterprise Mobility
Management Magic Quadrant report. For more information visit www.globoplc.com.
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