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PR Newswire

BPC expands offering with SmartVista digital banking app solution

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White label solution empowers banks and fintechs to roll out app-based digital and mobile banking services fast

Solution boasts chatbot text-to-speech feature to boost customer engagement in the digital era

LONDON, Dec. 11, 2020 — BPC, the leading provider of digital payment solutions, has unveiled its new mobile and digital banking app solution, designed to provide banks and fintechs with a comprehensive set of features that go beyond traditional banking. The app solution offers ease of use and fast implementation for banks that wish to accelerate their digital transformation and fintechs that need to go to market fast.  

Developed in house, the new app ultimately fulfils BPC’s promise to ‘bridge real life to digital’ in a contactless manner for its customers. In response to the digital banking boom during the pandemic, the app is built to serve all segments from retail customers and merchants, to agents in both mature and emerging markets, allowing them to quickly access the digital economy. The app comes with white label UX templates for institutions to style and brand the user interface as well as configurable process flows, making for a true end-to-end digital experience.

BPC’s SmartVista app is built to give financial institutions the tools to boost customer engagement, drive customer loyalty and generate new revenue streams from cross and up selling.  

Key features of the new SmartVista mobile banking app include:

  1. Chatbot with Speech-to-Text Features: enabling customers to securely transact voicing queries or give instructions to the app, creating conversational, frictionless interactions that boost engagement.
  2. Personal Financial Management: taken to the next level with management on a daily, weekly or monthly basis, using personalised alerts and limits, built to offer personalised control of financial health for customers.
  3. QR Code Payments: available to customers and merchants, offering static and dynamic QR support and the ability to handle multiple QR codes, a feature in rising demand since the start of the COVID-19 pandemic.
  4. A unified merchant and agent banking app: which creates a dual experience, from accepting payments for retail purchases to offering agent banking services on behalf of a financial institution.
  5. Trading and Investment: delivered through open APIs, to integrate with any third-party investment app or local exchange house to gather trade information within one single banking app. Customers can grow their earning capabilities, while providing new revenue generation activity for financial institutions.
  6. Goals and Loyalty: help customers make the most out of their money. Customer goals such as saving for a dream car, house, education or holiday destination are smartly blended with loyalty features, making it possible for financial institutions to expand their business models and expose partners at the right time and location, while staying relevant to the customer and their needs.

Oleg Patsiansky – Head of Digital Banking at BPC commented: "A free card and a bank account are not sufficient to attract new customers. Relevance is the new ‘killer app’ and we are proud of our new mobile banking app, which has been inspired by our eclectic experience in serving tier one banks to fintechs in over ninety countries. The app blends all of our expertise in banking, mobility and commerce into a contextual experience wrapped around each individual customer and his or her private/business needs. Today’s modern technology makes it possible to create contextual and thus relevant experiences for BPC clients and their end users around the world."

Find out more about BPC’s SmartVista digital banking app solution here.

 

PR Newswire

Entain Marks Its First Day With Measures To Deliver On Its New Strategy

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– U.S. growth accelerates as BetMGM plans to double its footprint in three months

– Entain to seek licence in Canada and becomes the first global sports betting and gaming operator to gain a licence in Latin America

LONDON, Dec. 10, 2020 — The global sports betting and gaming group previously known as GVC Holdings plc, marked the first day of trading under its new name with a range of measures to deliver on the vision and direction recently outlined by its CEO Shay Segev. The new measures extend across all the countries in which it operates with brands including bwin, PartyPoker, Ladbrokes, Coral, FoxyBingo and BetMGM.

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Last month Entain announced a new strategy to deliver significant growth, driven by expansion in the U.S., growth across its core business, entry into new markets, and to new audiences. Entain, which has a very strong track record of 19 consecutive quarters of double-digit growth in its online business, also committed to lead responsible gaming with a new Sustainability Charter. Under this charter, the business pledged to focus only on regulated markets and use its proprietary technology to raise levels of player protection. 

As part of these plans to deliver growth and sustainability, Entain today confirmed strong momentum and market share gains in the U.S. for BetMGM, its joint venture with MGM Resorts. Between October and January BetMGM is adding five new states, doubling its population reach in three months to around 75 million across 12 states. Entain also disclosed that BetMGM’s most recent state launch in Tennessee has been its most successful go-live yet with revenues already ahead of those in more established states. Powered by Entain technology, BetMGM expects to be in over 20 states by the end of 2021.  

"We are firmly on track to take further leadership in the U.S. as well as in many other newly regulated markets that are now opening around the world." said Segev. "At the heart of our growth strategy is a determination to bring the best player experiences and protections to our industry as technology moves sport and interactive entertainment into a new era. In the U.S., we invested in building the right building blocks for the BetMGM platform to grow and become a long-term leader in the U.S., with superior technology and capabilities, and this is now paying off."

Entain also fleshed out its new Sustainability Charter, allocating money to new projects which will be delivered through its international Foundation around the world. It also gave further detail on its new Advanced Responsibility and Care (ARC) initiative, seeking to revolutionise player experiences and protection through world-leading research, data science and technology. Other new measures include:

Focus on new regulated markets: In line with its stated intention to focus on fully regulated markets, Entain today announced it has become the first global sports betting and gaming operator to gain a licence in Latin America and expects to go live in Colombia over the next month. Colombia is one of the first countries to issue licences in Latin America with others, such as Brazil preparing to follow. Elsewhere in the Americas, Canada is also moving ahead with regulation and Entain confirmed it will be applying for licencing in Canada.

  • Investing in people and communities: Entain has pledged to invest £100 million over five years in the Entain Foundation to fund responsible gaming initiatives and to support people and communities around the world where it operates. Today, it announced a series of international commitments: 

    UK: Entain and the three Trident Leagues (The Isthmian, Northern Premier and Southern Leagues) are to launch the Trident Community Foundation to help fund community-based projects. Grants will be open for the 228 football clubs that participate in the leagues.
    "Pitching In", Entain’s recently launched grassroots sport investment programme, is the founding partner of the Trident Community Foundation (TCF) and has donated £150,000 to establish the TCF fund, for distribution over the rest of the 2020/21 season.

    US: The Entain Foundation is rolling out an extensive state-by-state program with EPIC, a charitable organisation which works with former athletes and people who have overcome gambling addiction to help educate people on how to play safely.

    The U.S. project announced today with EPIC extends the program to a total of 15 Pro Sports teams and over 20 colleges across the country, including Harvard University, University of Oregon, and the Mid-American Conference. Entain and EPIC plan to work together to add additional professional sports leagues and colleges across the US during 2021. 

    Germany: The Entain Foundation will continue existing sports integrity projects in Germany and receive early funds to initiate further activities around responsible gaming.

    Australia:  The Foundation has announced initial new projects to advance responsible gaming with Relationships Australia, a community-based not for profit organisation which provides a range of counselling and support services to problem gamblers and their families. The new funding will be used to support a social media campaign to reach vulnerable audiences and to raise awareness of the signs of gambling addiction.

  • Advanced Responsibility and Care (ARC): Under this recently announced programme, Entain will combine its technology with research and insight from leading psychologists and Harvard to develop innovative experiences and safeguards for a new era in interactive sport and entertainment. To this end, Entain today announced that:

    Dr. Michael Auer,     a leading academic and member of the scientific community at the University of Hohenheim in Germany, specialising in behavioural psychology and addiction, will join Entain alongside Professor Mark Griffiths, Distinguished Professor of Behavioral Addiction and Psychology at Nottingham Trent University. They will evaluate and advise on improvements to Entain’s guidelines and processes in relation to responsible gaming.

For more information see the Group’s website: www.entaingroup.com

Video – https://mma.prnasia.com/media2/1372389/Entain.mp4?p=medium600

PR Newswire

HokuApps – The Engine for Roofing Southwest’s Growth to U.S. National Prominence

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Launched in 2018, HokuApps-Designed Mobile App Has Allowed Roofing Southwest Continue Contactless Work Throughout the COVID-19 Pandemic

HOUSTON, Dec. 9, 2020 — Since its founding in 1971, Phoenix, AZ-based Roofing Southwest has grown into a national player in all 50 states, ranking it the #14 roofing companies in the country. As part of its corporate culture, the firm has always placed a high priority in adopting new technology, with one of the most significant advances occurring in 2018 when they partnered with HokuApps to develop a groundbreaking mobile roofing app.  

Available for iOS on the App Store, the software allowed Roofing Southwest to dramatically reduce the number of staff and in-person visits required for routine inspections, on-site crew management, daily work updates and security alerts. Over the past three years, the relationship never waned as HokuApps continued to work with the company, responding to feedback with steady updates and refinements. Perhaps the most significant advantage of the app has been felt with the COVID-19 pandemic. Thanks to the app’s powerful tools, Roofing Southwest has been able to maintain "business as usual" while easily adhering to virus safety guidelines such as contactless interactions. The app even incorporated a "start day inspection" questionnaire to check whether any of the crew were in proximity to a COVID patient, a tool which was previously done on-site with paper forms.

It is HokuApps’ perspective that business relationships don’t end once the app is deployed. They value a long association with their clients and believe in a philosophy of steady evolution which benefits everyone involved. Before HokuApps began working with Roofing Southwest, the company had relied on a hodgepodge of paper forms, decentralized data storage and a disparate collection of software applications that were not necessarily even compatible. The app’s deployment instantly reduced wait-times and finally enabled real-time collaboration between engineers, field inspectors and foremen across the 50-state organization to exponentially boost Roofing Southwest’s efficiency, accuracy, and customer service experience. These great advantages proved to have perfect timing with the spread of COVID-19 and the mandated safety precautions.  

"We are proud of our long association with Roofing Southwest and always give them the best possible support in terms of upgrades and updates," said Nand Kapoor, Director of HokuApps. "In the three years that they have used this app, it has become a critical driver in the company’s transition to a technology-driven, highly efficient business. Nothing exemplifies this more than the way they were able to smoothly ride through the COVID-19 crisis with minimal disruptions to their workflows and deliveries."

"I would say that this app built by HokuApps for us has been a savior in these difficult times of COVID-19," said R.J. Radobenko, President, Roofing Southwest. "Though it had already more than proved its worth in the past, in these difficult days of the pandemic, with all the social distancing requirements, that it has proved invaluable.  We would have been severely impacted if we still relied on the old paper-based reporting system that required extensive face-to-face interactions."

About HokuApps

HokuApps is the fast-growing technology platform that empowers organizations to develop innovative technology solutions incredibly fast. The rapid application development platform has enhanced mobile and data integration capabilities to enable companies to speedily deploy mobile and web applications. HokuApps empowers organizations to usher in their digital transformation journey to better engage with customers, partners, and employees.

PR Newswire

Indosat Ooredoo partners with Comviva, the leader in mobility solutions to accelerate growth

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Comviva to deliver its next-gen real-time analytics platform

JAKARTA, Indonesia, Dec. 7, 2020 — Comviva, the global leader in mobility solutions and Indosat Ooredoo, Indonesia’s leading mobile operator announced a strategic partnership today.  

The partnership will help rapidly enhance Indosat’s customer first marketing capabilities through Comviva’s AI based advanced analytics and marketing automation solution. The MobiLytix™ Real Time Marketing platform will deliver contextual, in-the-moment, omni-channel marketing initiatives to enhance customer lifetime value in today’s hypercompetitive market.

MobiLytix™ Real Time Marketing is a powerful, digital real-time marketing automation platform with massive scale decisioning, artificial intelligence (AI) based complex event processing and multi-channel interaction capabilities to help telecom operators transform their Customer Value Management initiatives.

In a first of its kind, Indosat has also deployed Comviva’s MobiLytix™ Loyalty and Rewards solution which is an integrated Customer Loyalty & Value Management system to actively drive customer loyalty programs. The unified Realtime Marketing & Loyalty and Rewards platforms are an industry best solution to enhance customer engagement and drive digital transformation.

Vikram Sinha, Director and Chief Operating Officer, Indosat Ooredoo said, "We are delighted to partner with Comviva to deliver contextual marketing campaigns and loyalty programs to our 60 million subscribers. In addition to improving customer engagement, the solution has immense potential to increase revenue through data monetization, with the possibility to rapidly grow our digital service offerings. This will support our aim for digital leadership in the region."

Ritesh Singh, Chief Marketing Officer, Indosat Ooredoo said "Our partnership with Comviva has enabled us to empower our customers on their digital journey, and improve customer satisfaction and retention through personalised customer offers and interactions. Not only it enables a better experience for our customers, but also helps generate significant incremental revenue for Indosat."

Manoranjan (Mao) Mohapatra, Chief Executive Officer, Comviva said, "Comviva has designed its next generation analytics platform MobiLytix™ keeping in mind the challenges of its telecom operator partners. We are excited to partner with Indosat Ooredoo to support their digital transformation journey and provide great experiences for their customers. "

Comviva’s MobiLytix™ Real Time Marketing is a next generation real-time interaction management platform that leverages advanced artificial intelligence (AI) and Machine Learning algorithms to drive incremental revenue for enterprises. The platform utilises real-time transactional data in conjunction with a rich unified customer profile to maximize the value of individual customers and their micro-moments of interaction with the service provider.

MobiLytixÔ Loyalty and Rewards is a comprehensive loyalty management solution supporting the complete loyalty program lifecycle and reward partner ecosystem.

For further enquiries, please contact:

Sundeep Mehta
PR & Corporate Communications
Comviva Technologies Ltd.
Email: pr@comviva.com

Logo: https://mma.prnasia.com/media2/995982/Comviva_Logo.jpg?p=medium600  
Logo: https://mma.prnasia.com/media2/1359783/Indosat_Ooredoo.jpg?p=medium600

PR Newswire

OtterBox Hong Kong acquires Roxfit, with aim to reach new audiences

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HONG KONG, Dec. 7, 2020 — OtterBox Hong Kong, a subsidiary of Otter Products LLC, the No. 1 most-trusted case in smartphone protection*, has acquired Roxfit, a UK based mobile accessories brand primarily tailored for Sony’s smartphone devices founded in 2010 by Mr. Malcolm Stapleton, a veteran in designing and manufacturing mobile custom fit protective accessories.

Through this acquisition, Roxfit will allow OtterBox Hong Kong to reach new demographics and new audiences throughout Asia Pacific and European markets.

"We are extremely excited to add Roxfit to our portfolio of brands, as it is an important next step as we continue to expand the products and services that we offer to our customers and partners. This is also exciting as it is the first time that we acquired an entity in the APAC region," said Charlie Parke, Managing Director of OtterBox Hong Kong. "The possibilities are infinite, as we have the opportunity to create an entirely new portfolio of mobile phone cases and accessories to address areas of the market that we have yet to explore with our OtterBox or LifeProof brands."

"I am very pleased with this transition," said Malcolm Stapleton, "I believe in Otter Products and this is certainly the right step forward for Roxfit to continue and thrive in this exciting and ever-evolving region."

The relaunch of Roxfit will take place in early 2021.

About OtterBox Hong Kong

OtterBox Hong Kong, a subsidiary of Otter Products, LCC., boldly innovates and designs premium protective cases for smartphones and tablets. From its humble beginnings in a Fort Collins, Colo., garage, OtterBox has evolved its product lines to meet the needs of today’s mobile consumer to become the No. 1 selling smartphone case in the U.S*.

*Source: The NPD Group/ U.S. Retail Tracking Service: Cell Phone Device Protection/Units Sold/Jan. 2017 – Jul. 2020

 

 

Related Links :

http://www.otterbox.asia

PR Newswire

CooTek to Announce Third Quarter 2020 Unaudited Financial Results on December 15, 2020

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SHANGHAI, Dec. 5, 2020 — CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it will report its unaudited financial results for the third quarter 2020 ended September 30, 2020, before the open of U.S. markets on December 15, 2020. CooTek’s management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on December 15, 2020 (9:00 PM Beijing Time on the same day).

Dial-in details for the earnings conference call are as follows:

United States:

1-888-346-8982

Hong Kong:

800-905-945

China:

4001-201-203

International:

1-412-902-4272

Passcode:

CooTek

Please dial in 15 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available after the conclusion of the conference call until 7:59 AM ET on December 22, 2020:

United States:

1-877-344-7529

International:

1-412-317-0088

Passcode:

10150445

A live and archived webcast of the conference call will be available on the Investor Relations section of CooTek’s website at https://ir.cootek.com/.

About CooTek (Cayman) Inc.

CooTek is a fast-growing mobile internet company with a global vision, offering mobile applications. Our mission is to empower everyone to enjoy relevant content seamlessly. The Company’s user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users’ ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and casual games.

For more information on CooTek, please visit https://ir.cootek.com/ or contact:

CooTek (Cayman) Inc.

Mr. Robert Cui
E-mail: ir@cootek.com 

ICA (Institutional Capital Advisory)

Mr. Kevin Yang
Phone: +86-021-8028-6033
E-mail: cootek@icaasia.com

PR Newswire

Website Builds Calculator Showing How Long It Will Take You to Afford Mahomes’ KC Mansion – My Home vs Mahomes

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ISELIN, N.J., Dec. 4, 2020 — Mahomes’ recent signing with adidas to create a personalized shoe in honor of his old high school got us thinking about the young athlete’s meteoric rise. Although it is not one hundred percent known what the twenty-five year old athlete’s net worth is, it is known how much he bought his Kansas City mansion for. With that in mind, World Sports Network (WSN), has created a calculator to find out how many years it would take the average earner to purchase his mansion on their own salary.

"We built the tool thinking it would be fun to see how long the average worker would have to save to afford a pro athlete’s house. For instance, assuming the average salary in the USA is sixty-five thousand dollars a year, and assuming that you have no other expenses, it would take you twenty-nine years to afford Mahomes’ KC mansion. That is nothing in comparison to Tiger Woods’ house, which would take the average worker eight hundred and thirty-one years to afford!" –Evan Henningsen, an Editor as WSN. 

Also on the list of major athletes whose mega mansions one can compare against are Serena Williams, Floyd Mayweather, Tom Brady, LeBron James, and many more.

WSN prides itself on reporting on the sports, news, guides, picks, and tools that sports fans need in their daily lives as they interact with the teams and leagues they love the most. The Mahomes calculator is one of many fun tools provided by WSN.

Media Contact:
Gustave Seeberg
Phone: +4526608652
Email: gustave.seeberg@wsn.com

PR Newswire

How New Technology Can Help Businesses Adapt to Changing Trends to Bring Convenience to Modern Consumers

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SHENZHEN, China, Dec. 4, 2020 — In 2020, consumer habits have changed dramatically; reflected by the adaptation seen throughout businesses and organisations across the globe. With more and more people turning to online services, the reliance on mobile internet has accelerated.

This is evident with the growth of online on-demand home services, such as food delivery, which grew by 25% in Gross Merchandising Value (GMV) to about US$195 billion just this year alone. Customers clearly look towards having convenience as part of their modern lifestyle, having the services delivered to their homes rather travelling to retail stores on their own. This is observed globally, with China leading the growth. China now has the largest and fastest-growing market for online On-Demand Home Services, with forecasted compound annual growth rate of 15% to US$181 billion in 2024.

While we can partly blame this on the global pandemic, it is also worth considering the overall context of the last few years. These behaviours have occasionally spelled problems for organisations struggling to reach new customers, thanks to technology, but it has also opened some exciting opportunities for those ready to explore a more digital world. 

The changing world of the lifestyle industry

From food delivery to wider lifestyle industries, businesses are having to adapt to this change to stay relevant and successful in consumer’s lives. Notably, successful businesses in the industry and lifestyle sectors are using technological advances to progress.

In 2019, food delivery accounted for about 80% of all food orders, however, only contributed to around 30% of gross profit. Food delivery has been so popular in recent years that in 2017, the US saw 70% of all deliveries related to food products. Since 2017, food delivery services have had to identify weaknesses and continuously adapt to remain competitive.

These changing consumer trends are shaping how online organisations conduct their business. Individuals are increasingly looking to their smartphones to find, browse and order food and other products, creating an appetite for high-quality and tailored platforms such as Meituan. Notably, Meituan demonstrates how lifestyle applications can adapt and thrive in an evolving consumer market. The superapp is now the number one lifestyle shopping and service platform, with an estimated market value of US$250 billion in October. The platform succeeds because it shows a willingness to accept digital change and offers a service that consumers love.

Other on-demanded services are also seeing competitive growth in all sectors. For example, Meituan reports that it serves around 400 and 60 million users, and supports 6.3 million merchants for services such as hotel and flight bookings, online retail and other new services.

As well as generating more demand overall, consumers are growing more familiar with new technology such as Machine Learning (ML) and digital assistants and so are looking for online platforms that integrate these capabilities.

Huawei offers business the opportunity to create a more seamless services for their customers

With more food outlets and online e-commerce platforms rising to the challenge of using mobile-based online delivery services to reach more customers, competition is rife. Ordering food and necessities online offers consumers the chance to save time and energy, with an often-huge selection of different choices available to them at the swipe of finger. Huawei assistance provides the technology needed to stay competitive and relevant within this market. To start, it provides consumers with more direct access to local restaurants and food outlets, as well as connect with e-commerce platforms; they can swipe through the different choices hassle-free.

The same technology is used to provide regular food and delivery updates and notifications, as well as giving users the chance to make direct reservations and bookings to visit nearby restaurants. This extends to online e-commerce shopping and delivery as well. Without the need to exit the platform, Huawei users can order a taxi to the restaurant, use the same payment details and even follow direct guidance on restaurant entrances to help to navigate to the exact, accurate location. Compared with the traditional GPS positioning error of 10 metres, Huawei Assistance can achieve a positioning error margin of only one metre.

The opportunities don’t end there, however, as Huawei’s ML Kit can also be integrated to help quickly identify online coupons for those wishing to order from their favourite restaurants. Beyond the world of food delivery and eating out, Huawei Assistance also helps other lifestyle vendors to grow their business through technology. Huawei assistant can even recommend flights and hotels to its users, covering travel, lifestyle, entertainment, work and family scenarios.

Huawei technology helps businesses champion new technology to succeed

Over the next few years, the need for on-demand Home Services will continue to grow, offering the businesses that are able to adapt great potential and opportunities.

In order to succeed, businesses who first focus on scale and efficiency will take the lead, clearly able to demonstrate their adaptations to their existing customer base as well as reaching new individuals. The accelerated change seen throughout 2020 has shown this, how those businesses able to adapt to the change in consumer lifestyle can thrive.

As the online lifestyle and food delivery industry continues to grow, Huawei is committed to helping businesses of all shapes and sizes keep up with the ongoing changes in the sector and champion new technology to succeed in today’s progressively online world. 

Gavin Kinghall Were, VP, Global Head of BD Solutions at Huawei, discussed the topic in detail during Huawei’s #EmpowerInnovations masterclass, ‘Empowering lifestyle, with Huawei AppGallery’ on 3 December, as part of the annual Web Summit tech conference. The session can be viewed here: https://consumer.huawei.com/en/partners/videolibrary/lifestyle-websummit/

PR Newswire

CooTek to Participate in December and January Investor Conferences

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SHANGHAI, Dec. 4, 2020 — CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that the Company will present and meet with institutional investors at the following virtual investor conferences. For more information on CooTek presentations, please visit investor relations website https://ir.cootek.com, or contact ir@cootek.com.

  • ICA BEST of Asia Discovery Conference on Thursday, December 10, 2020, HKT.
  • ICA Insight Series
    Presentation on Tuesday, December 22, 2020, HKT.
    Registration: https://rb.gy/ypgtaf
  • Needham Growth Conference 2021
    Presentation on January 11, 2021, EDT.
  • ICR Conference 2021
    Presentation on January 11-14, 2021, EDT.

The Company’s management will participate in virtual meetings with institutional investors throughout these events. For additional information, please contact your respective institutional sales representative at each sponsoring bank.

About CooTek (Cayman) Inc.

CooTek is a fast-growing mobile internet company with a global vision, offering mobile applications. Our mission is to empower everyone to enjoy relevant content seamlessly. The Company’s user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users’ ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and casual games.

For more information on CooTek, please visit https://ir.cootek.com.  

For more information, please contact:

CooTek (Cayman) Inc.
Mr. Robert Cui
ir@cootek.com  

ICA (Institutional Capital Advisory)
Mr. Kevin Yang
Phone: +86-021-8028-6033
E-mail: cootek@icaasia.com

Related Links :

https://ir.cootek.com

PR Newswire

Ivanti Acquires MobileIron and Pulse Secure to Deliver Intelligent and Secure Experiences Across All Devices in the Everywhere Enterprise

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The combination cements Ivanti’s position as a global market leader in Unified Endpoint Management, Zero Trust Security, and IT Service Management

SALT LAKE CITY, MOUNTAIN VIEW, Calif. and SAN JOSE, Calif., Dec. 2, 2020 — Ivanti, Inc., which automates IT and security operations to discover, manage, secure and service from cloud to edge, announced it has closed the acquisitions of MobileIron, a leading provider of mobile-centric unified endpoint management solutions, and Pulse Secure LLC, a leading provider of secure access and mobile security solutions. This business combination further solidifies Ivanti, which is backed by Clearlake Capital Group, L.P. and TA Associates, as a global market leader in Unified Endpoint Management (UEM), Zero Trust Security, and IT Service Management (ITSM).

"We are excited to welcome the MobileIron and Pulse Secure teams into the Ivanti family," said Jim Schaper, Ivanti Chairman and CEO. Our intelligent experience platform will power business through hyper-automation and secure connections on every device, for any user, wherever and however they work. This enables our customers to collaborate and innovate more freely, while reducing the risk of data breaches and enhancing employee experiences. We have a tremendous opportunity ahead of us, and I’m very excited for the future."

By bringing MobileIron and Pulse Secure into the Ivanti portfolio, organizations will be able to proactively and autonomously self-heal, self-secure, and self-service devices in the everywhere enterprise – in which employees, IT infrastructures, and customers are everywhere – and deliver better user experiences and outcomes. Through zero trust security and contextual automation, Ivanti’s solutions will make IT connections smarter and more secure across remote infrastructure, devices, and people. Ivanti is uniquely positioned to provide a comprehensive level of end-to-end coverage on every device.

Customers will benefit from real-time intelligence into the health, security, and performance of all devices from cloud to edge, enabling them to proactively detect and remediate vulnerabilities before they impact the business. Customers will be able to discover and manage devices, implement secure zero trust access with contextual automation, and deliver personalized employee experiences – improving productivity with better operational speed, cost, and quality of service.

Transaction Highlights

  • Under the terms of the agreement with MobileIron, Ivanti acquired all outstanding shares of MobileIron common stock for a total value of approximately $872 million. MobileIron stockholders received $7.05 in cash per share, representing a 27% premium to the unaffected closing stock price as of September 24, 2020.
  • MobileIron shareholders approved the acquisition at a special stockholder meeting on November 24, 2020. Over 91% of the voted shares were in favor of the acquisition.
  • Pulse Secure was acquired from affiliates of Siris Capital Group, LLC. The terms of the Pulse Secure transaction were not disclosed.

About Ivanti

Ivanti is redefining enterprise security with the industry’s first intelligent experience platform that makes every IT connection smarter and more secure across remote infrastructure, devices, and people through automation. From PCs and mobile devices to virtual desktop infrastructure and the data center, Ivanti discovers, manages, secures and services IT assets from cloud to edge in the everywhere enterprise — while delivering personalized employee experiences. In the everywhere enterprise, corporate data flows freely across devices and servers, empowering workers to be productive wherever and however they work. Ivanti is headquartered in Salt Lake City, Utah and has offices all over the world. For more information, visit www.ivanti.com and follow @GoIvanti.

Media contacts:

Erin Jones
Avista Public Relations
Representing Ivanti
+1 704-664-2170
ejones@avistapr.com