Investment Firm, Clearlake Capital, Grabs Mformation’s Assets In BYOD Move
Mobile device management (MDM) company Mformation Technologies, which tried to juice millions of dollars from BlackBerry-maker RIM in a patent scuffle but ultimately failed, has been acquired by investment firm Clearlake Capital Group in an assets deal -- the latest move aimed at capitalizing on the BYOD (bring your own device) trend.
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