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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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Absolute Software Declares Quarterly Dividend

Press release content from Business Wire. The AP news staff was not involved in its creation.
Absolute Software Declares Quarterly Dividend
April 20, 2021 GMT
VANCOUVER, British Columbia (BUSINESS WIRE) Apr 20, 2021
Absolute Software™(NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on May 28, 2021 to shareholders of record at the close of business on May 14, 2021.
Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the
Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
About Absolute Software ....

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Absolute Software Named a Leader in G2 Grid Report for Endpoint Management for Sixth Consecutive Quarter

Absolute Software Named a Leader in G2 Grid Report for Endpoint Management for Sixth Consecutive Quarter
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