Mergers and acquisitions signal a renewed industry. In the case of enterprise mobility, it is clear that there is no giant that has emerged as the winner. However, acquisitions such as the TechCrunch one highlighted in “Kony Solutions Buys Aussie Sky Technologies As Mobile Enterprise Consolidates” do show signs of a market’s growth.
Orlando, Fla.-based Kony Solutions has taken a step towards consolidation with their purchase of Sky Technologies, a mobility solutions provider specializing in SAP implementations based in Melbourne, Australia. Both companies are private and no financial details have been released.
The article offers insight on the larger context:
The acquisition comes on the heels of increasing attention in the area of mobile enterprise solutions, with activity coming from different directions: just yesterday the device maker HTC invested $35.4 million in Magnet Systems, another provider of mobile enterprise services, as part of its refocus on that part of the market as its investments in consumer services have proven less successful. Sky Technologies has 35 employees and all will come on board as part of the deal.
The attention, and the money, seems to be on the enterprise. Despite the appeal of mobility in the consumer arena, there is even more of an influx of concentration of perfecting enterprise mobile solutions.
Megan Feil, September 4, 2012