Sophos acquires Dialogs to provide mobile device protection

The acquisition combines mobile and security expertise, resulting in even stronger enterprise mobile device management solutions

Complete security leader Sophos has signed a definitive agreement to acquire Dialogs, a privately-held provider of mobile management solutions, headquartered in Germany. However, no financial details of the deal were provided.

Dialogs, one of Europe’s leading mobile device management (MDM) providers with customers such as BMW AG, Daimler AG, Siemens AG and ThyssenKrupp, brings twenty years of experience in mobile product development.

The increased prevalence of smart phones and tablets represents a major shift in the way people and businesses work and collaborate. IT staff at enterprises of all sizes are faced with new challenges and risks in handling and securing an array of corporate and personal devices. That, coupled with the ever-expanding usage of apps and the threat of device loss or theft, reinforces the importance of mobile data protection solutions.

Sophos allays IT worries and ensures that customers have complete protection everywhere and on any device, all without impacting business productivity. The company’s award-winning solution–Sophos Mobile Control–is designed specifically for enterprises to simply and quickly secure, monitor and control mobile devices. As a key concern for mobile device users is having secure access to corporate data, the combination of Sophos’s encryption and data protection capabilities and Dialogs’ SaaS-based and on-premises mobile management technology provides a unique value proposition to the market–secure collaboration from everywhere. 

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Unity Infra bags Rs840 crore contracts

Unity Infraprojects first project entails development and operation of Suratgarh-Sriganganagar section of NH-15 in Rajasthan through public- private-partnership on design, build, operate and transfer basis

Engineering and construction firm Unity Infraprojects said it has bagged two orders worth Rs840 crore. The orders relate to development of NHAI roads.

The first project entails development and operation of Suratgarh-Sriganganagar section of NH-15 in Rajasthan through public-private-partnership on design, build, operate and transfer basis for a concession period of 11 years.

The Rs330-crore project, awarded by the Public Works Department of Rajasthan government, is expected to be completed in 18 months, the company said in a statement.

The second project involves four–laning of Punjab/Haryana Border-Jind section of NH-71 to be executed on design build finance operate and transfer (DBFOT) pattern for a concession period of 27 years. The Rs510-crore contract from the National Highways Authority of India (NHAI) is expected to be completed within 910 days, it said.

In the early afternoon, Unity Infra was trading at around Rs52 per share on the Bombay Stock Exchange, 3.48% up from the previous close.

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Everonn Education founder sells 4.98% stake

According to a BSE filing, Kishore sold 1.090 million shares along with six other PACs on 30 March 2012, which would be worth about Rs29 crore at the current market price

Everonn Education said its founder and former chief P Kishore has sold 4.98% stake in the company for an estimated Rs29 crore through open market, bringing down his stake to 11.94%.
 
According to a BSE filing, Kishore sold 1.090 million shares along with six other PACs (persons acting in concert) on March 30, which would be worth about Rs 29 crore at the current market price. After the dilution of stake, Kishore now holds 11.94% in the company, against 16.92% previously.

In an earlier filing yesterday, the company had said that the Concorde Residential Schools (Kerala) Pvt Ltd, along with Varkey group and other PACs, acquired 4.998% stake in the company to raise its stake to 43.023%.

Kishore was part of the main founder-promoters of the company, but at a meeting held on 28 March 2012 its board had approved removal of Kishore and six other entities/persons from Everonn Education's promoter group.

These entities had requested the board to declassify them from promoter and promoter group category on account of them being no longer in the control of the management and affairs of the company. Kishore has also previously served as the managing director of the company but resigned from the position earlier this year.

On 14 February 2012, the company had announced Kishore's resignation, while two nominees of Varkey group, Dino Varkey and Rakesh Sharma, were inducted on its board. Kishore was arrested in August last year on charges of bribing an Income-Tax official. He was later released on bail in October.

In the early afternoon, Everonn was trading at around Rs269 per share on the Bombay Stock Exchange, 0.22% up from the previous close.

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