Amazon CEO Jeff Bezos. Vancouver-based Absolute, which made a name for itself providing security to laptops through its hit LoJack® for Laptops product, says Absolute Data Protect will give Kindle users the ability to lock, delete and locate their devices.Absolute Software (TSX:ABT), from the Consumer Electronics Show in Las Vegas today, announced it will extend the support of the its Absolute Data Protect to include the Kindle Fire.
Vancouver-based Absolute, which made a name for itself providing security to laptops through its hit LoJack® for Laptops product, says Absolute Data Protect will give Kindle users the ability to lock, delete and locate their devices.
Mark Grace, Vice President of Consumer Business at Absolute, said the move is the first in a series that will bring the company’s successful laptop security to tablets and other devices.
“Soon Kindle Fire users, along with other device users, can rest assured knowing their personal information, photos, apps and emails are secure with protection from Absolute Data Protect,” he said. “We appreciate the opportunity to expand our partnerships with major retailers and bring Absolute Data Protect to more device owners.”
Absolute Software sprung to attention midway through the last decade. In 2005, the company teamed up with Lojack to introduce Lojack for Laptops. The product, which worked by periodically dialing Absolute servers and could not be disabled even by wiping the hard drive, was a new level of security for laptops which were, increasingly, becoming a target for thieves.
The success of Lojack for Laptops was a boon to Absolute Software. The company’s revenue climbed from under $37 million in 2007 to more than $74-million in fiscal 2012. Along the way, Absolute made OEM deals with Acer, Dell, Fujitsu, Samsung, Toshiba, Intel and HP. Today, the bulk of the money the company makes is through these deals.
Absolute says it will soon extend its offerings to Android and Windows tablets. Those offerings, along with the Kindle Fire, will be available online and in-store through major retailers.
At press time, shares of Absolute Software were down 1.2% to $4.94.
____________________
________________
With its first quarter results on deck, Beacon Securities analyst Russell Stanley thinks Jushi Holdings (Jushi Holdings Stock Quote, Chart,… [Read More]
The stock has been a steady climber since last October, but ahead of earnings is Curaleaf (Curaleaf Stock Quote, Chart,… [Read More]
Following third quarter results he describes as "in-line", National Bank Financial analyst Richard Tse has cut his price target on… [Read More]
Following the company's first quarter results, Roth MKM analyst Suji Desilava remains bullish on Silicon Motion Technology (Silicon Motion Technology… [Read More]
Following news of a restructuring, Roth MKM analyst George Kelly has chopped his price target on Peloton (Peloton Stock Quote,… [Read More]
Ahead of the company's first quarter results, Beacon analyst Russell Stanley thinks Ascend Wellness (Ascend Wellness Stock Quote, Chart, News,… [Read More]