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Absolute Software : to Acquire NetMotion, to Deliver the Next Generation of Endpoint Resilience


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Positions Company for Entry into High Growth Adjacent Market with Compelling, Competitively Advantaged ZTNA and SASE Product Portfolio, on Foundation of Strong Profitability
Expected to be Accretive to ARR, Revenue, and Adjusted EBITDA Growth Going Forward
Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (“Absolute”), a leader in Endpoint Resilience™ solutions, today announced it has signed a definitive agreement to acquire NetMotion Software, Inc., a leading provider of connectivity and security solutions (the “Transaction”). Under the terms of the agreement, Absolute will acquire 100% of privately-held NetMotion for USD$340 million in cash.
NetMotion is a remote secure access platform that combines security, visibility and policy management to provide a secure end-user experience. NetMotion’s unified Secure Access Service Edge (SASE) platform combines a high-performance, enterprise-grade virtual private network (V ....

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Absolute Software to Acquire NetMotion, to Deliver the Next Generation of Endpoint Resilience


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Positions Company for Entry into High Growth Adjacent Market with Compelling, Competitively Advantaged ZTNA and SASE Product Portfolio, on Foundation of Strong Profitability
Expected to be Accretive to ARR, Revenue, and Adjusted EBITDA Growth Going Forward
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Absolute Software to Acquire NetMotion, to Deliver the Next Generation of Endpoint Resilience Back to video
VANCOUVER, British Columbia & SAN JOSE, Calif. Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (“Absolute”), a leader in Endpoint Resilience™ solutions, today announced it has signed a definitive agreement to acquire NetMotion Software, Inc., a leading provider of connectivity and security solutions (the “Transaction”). Under the terms of the agreement, Absolute will acquire 100% of privately-held NetMotion for USD$340 million in cash. ....

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