Nokia has signed an agreement to acquire Motally, a privately held San Francisco-based mobile analytics service provider. Motally’s technology is designed for optimized application development—based on user engagement—through in-application tracking and reporting. According to a Nokia statement, the service is planned to be adapted for Java, Meego, Qt and Symbian developers, and Nokia plans to continue serving Motally’s existing customer base. The transaction is expected to close during the third quarter of 2010. Motally currently employs eight people.
Thoma Bravo, a privately-held equity investment firm, is purchasing LANDesk Software from Emerson. Financial details were not disclosed. LANDesk sells systems life-cycle management, endpoint security and IT service management solutions. According to a LANDesk statement, the move aims to accelerate the company’s revenue growth, which has grown at a compound annual rate of 20% since 2002. The acquisition is expected to close by the end of September, and Steve Daly, executive vice president and general manager of LANDesk, will become CEO of LANDesk.
Open app store and content marketplace PocketGear has closed US$15 million in Series B funding, led by Trident Capital and with participation from BlackBerry Partners Fund. PocketGear will use the funding to scale technical operations, build out its sales and marketing teams, and expand its global reach to capitalize on the growing mobile application market, said a company statement.
EARNINGS
Salesforce.com announced its fiscal second-quarter results with a record revenue of US$394 million, an increase of 25% from the second quarter of last year. Subscription and support revenues were $369 million, showing an increase of 26% on a year-over-year basis. Its cash operating flow of $76 million is up 66% from last year’s second quarter. In a company statement, CEO and Chairman Marc Benioff added, “We’re delighted today to raise our fiscal year 2011 revenue guidance to a range of $1.595 billion to $1.6 billion.” Deferred revenue of $683 million is up 24% from the second quarter of 2009. GAAP diluted earnings per share decreased 35% year-over-year to $0.11, and non-GAAP diluted earnings per share remained the same from last year’s second quarter at $0.29.
