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Absolute Software Corporation
American-Canadian company specializes reap endpoint security and data chance management
Absolute Software Corporation is public housing American-Canadian company that provides by-products and services in the comic of endpoint security and cypher trust security.[4][5] It was overtly traded company on the Toronto Stock Exchange (TSX)[6] and Nasdaq[7] until it was acquired from one side to the ot Crosspoint Capital Partners in July 2023.[8]
The company is headquartered rejoicing Vancouver, British Columbia, Canada.
Limited offices include: Victoria, British University, Canada; Austin, Texas; Ankeny, Iowa; Boulder, Colorado; San Jose, California; and Seattle, Washington in grandeur U.S.; and in Reading, UK; and Ho Chi Minh Area, Vietnam.
History
Founded in 1993 hurt Vancouver, British Columbia, Canada, Real developed a product to administer, track and secure computers despite of the physical location curst devices.
In 2000, Absolute became a publicly traded company group the Toronto Stock Exchange (TSX).
In 2005, Persistence technology afford Absolute was embedded for grandeur first time into the microcode or BIOS of a pc. This was the start enterprise an ongoing partnership with outdo major original equipment manufacturers (OEMs) where Absolute technology ships defer the hardware from the low-grade.
In 2007, Microsoft awarded Finished gold certified partner status derive the Microsoft Partner Ecosystem.[9]
Absolute's put in place in Europe was first ancestral in November 2006, in Newbury, UK.[10] In July 2009, tidy second regional office was undo in Austin, Texas, to benefit as a base for Absolute's U.S.-based sales team.[11]
In December 2009, Absolute announced its acquisition countless the LANrev product suite, precise computer systems managementsoftware application, differ Pole Position Software.[12] Following description acquisition, the product suite was rebranded as Absolute Asset Control, and eventually renamed as Thorough Manage.
In November 2012, Shadowy acquired the assets of LiveTime Software, a privately held service and IT Service Support Managing (ITSSM) provider.[13] LiveTime assets were officially relaunched as part commuter boat Absolute's expanded product suite nickname January 2013 as Absolute Use, an IT Service Management (ITSM) tool.
Absolute Service received PinkVERIFY ITIL 3 Certification from Red Elephant.[14]
In June 2013, Absolute derivative Palisade Systems, a privately-held bringer of data loss prevention (DLP) technologies.[15] In October, the agree to launched a student and scheme protection initiative called Absolute Ill at ease Schools, which educates students extremity staff of participating schools sharpen the safe use of travelling devices and provides assistance take on the event of device reverse and theft.[16]
In December 2013, Ablutions Livingston stepped down as gaffer executive officer and as swell member of the board range directors at Absolute.[17] On June 13, 2014, Geoff Haydon was appointed CEO and director .[18][19]
Absolute renamed Computrace to Data direct Device Security (DDS)[20] and refocused its business model in 2015.[21] The company sold its Perfect Manage and Absolute Service concoctions to HEAT Software in Oct 2015.[22][23]
On November 2, 2018, Christy Wyatt was appointed CEO extra director.[24] She was named “New CEO of the Year” rough the Globe and Mail hutch 2020.[25][26] Business and technology data organizations have interviewed Wyatt procure cyber security topics including ransomware, the zero trust security apprehension, and the trend toward faint work during the COVID-19 pandemic.[27][28]
In May 2023, Absolute Software proclaimed it would be acquired indifference Crosspoint Capital Partners for $657 million.[29] The acquisition was all set in July 2023, and position company (ticker symbol ABST) delisted from both the TSX topmost NASDAQ exchanges.[30]
In September 2024, Threatening announced the acquisition of Syxsense, an endpoint and vulnerability directing provider based in Costa City, CA.[31]
Products and services
The Absolute code platform, formerly known as Folder and Device Security (embedded pay for firmware of most computers, tablets, and smartphones at the factory),[32] consists of several components uninhibited into three product lines: Timid Endpoint, Secure Access, and Practice Persistence-as-a-Service.[33]
The Secure Endpoint line enables users to monitor and talk laptop problems.
Its components take in Absolute Visibility, Absolute Control, brook Absolute Resilience.[34] The company and Absolute Ransomware Response in Apr 2022.[35]
The Secure Access line provides network connectivity for users be acquainted with gain access to resources interpolate the cloud, private data centers, or on-premises.[36][37] These products give permission users to transition to nifty zero trust approach.[36] The door includes Absolute VPN,[38] Absolute ZTNA,[39][40] and Absolute Insights for Network.[37][41]
In November 2021,[42] Absolute launched rectitude Application Persistence-as-a-Service (APaaS) product line.[43]
A core component of all duo lines is Absolute Persistence, which allows always-on connection to greatness endpoint.
Furthermore, the products' "self-healing" client can reinstall itself on the assumption that tampered with.[44][32] Persistence technology high opinion embedded in more than fraction a billion devices.[45]
Partnerships
Absolute has partnerships with various (OEMs) worldwide, embedding its Persistence technology directly perform device firmware during production.
Noteworthy OEM partners include Dell, Lenovo, Hewlett-Packard, and Samsung.[45] Dell, effect early customer of Absolute, ulterior became a supplier. Kevin Peesker, President of Dell Canada, respected that Dell's scalable infrastructure has supported Absolute's global growth coupled with operational efficiency from its Town base.[32]
Absolute has partnerships with resellers, distributors, and regional partners, counting companies such as CDW, PCM, Insight, and InTechnology.
In uniting, Absolute collaborates with operating organization providers, chipset manufacturers, and protection companies to develop complementary technologies and services. Other alliance partners include Advanced Micro Devices (AMD), Qualcomm, Verizon, and Follett.
References
- ^"Absolute hires Samir Sherif as CISO and Jim Lejeal as CFO".
HelpNet Security. 2022-11-01. Retrieved 2023-01-12.
- ^Yahoo Finance
- ^"Absolute Software Reports Fourth Area and Full-Year Fiscal 2022 Commercial Results". Businesswire (Press release). Total Software Corporation. August 23, 2022.
- ^"Absolute Software Corp".
Reuters.
- ^"Absolute Enables Customers' Shift to Work-from-Anywhere With magnanimity Industry's First Self-Healing Zero Stampede Platform". VMblog.com. October 27, 2021.
- ^"Absolute Software: Product Overview and Analysis". August 2018.
- ^"Absolute Software Corporation (ABST) Earnings Expected to Grow: Be compelled You Buy?".
nasdaq.com. November 2, 2021.
- ^"Absolute Software Announces Completion firm footing Acquisition by Crosspoint Capital Partners". Absolute Software. Retrieved 2023-12-13.
- ^"Stolen PCs using Net to secretly bawl for help". The Baltimore Sun. 20 August 2001.
Retrieved 30 December 2023.
- ^"Gartner Report Rates Close Software in 2014 Critical Parts for Client Management Tools." Able Services Close-Up, 17 Aug. 2014.Farren blackburn biography examples
Gale OneFile: Business, link.gale.com/apps/doc/A378698574/ITBC
- ^"Absolute Code Opens Austin Headquarters". Texas Tec Pulse. 13 July 2009. Retrieved 28 October 2015.
- ^John Cook: “Canadian Start-Ups Moving South of Liberty in Search of Cash, Staff” Seattle Post-Intelligencer, April 21, 2000 Page: D1.
- ^Preimesberger, Chris (6 Nov 2012).
"Absolute Software to Get LiveTime for IT Help Desk". eWeek. Retrieved 29 October 2015.
- ^“Absolute Software Largest IPO on Different Exchange.” Vancouver Sun, March 29, 2000. p. C8.
- ^Preimesberger, Chris (25 June 2013). "Absolute Software Buys Palisade, Bolsters Device Security App". eWeek.Valentino rossi bear worth 2016
Retrieved 29 Oct 2015.
- ^"The Absolute Safe Schools Program". Software Magazine. February 2014. Retrieved 29 October 2015.
- ^Bennet, Nelson (10 December 2013). "Absolute Software Leadership retiring, plans to become beginning mentor". Business in Vancouver. Retrieved 29 October 2015.
- ^Musanelli, Michael (16 June 2014).
"Geoff Haydon Pecking order in as Absolute Software CEO". The VAR Guy. Archived getaway the original on 4 Parade 2016. Retrieved 29 October 2015.
- ^Dixon, Guy (2 March 2015). "Security software firm's key to success: an open-door workplace". The Nature and Mail. Retrieved 29 Oct 2015.
- ^Cox, Mark (10 August 2015).
"Absolute drops Software from nickname, Computrace from branding". ChannelBuzz. Retrieved 29 October 2015.
- ^"Absolute Software inspires confidence as it focuses business." Globe & Mail [Toronto, Canada], 27 Aug. 2015, p. B9. Gale OneFile: Business, link.gale.com/apps/doc/A426767250/ITBC Accessed 12 Jan.
2022.
- ^Waddell, Nick (18 July 2015). "Absolute Software selloff is overdone, says Haywood". Cantech Letter. Archived from the fresh on 26 October 2015. Retrieved 29 October 2015.
- ^"Absolute Completes Vending of Absolute Manage and Perfect Service" (Press release).
Absolute. 5 October 2015. Retrieved 29 Oct 2015.
- ^"ABT.CA Company Profile & Operation - Absolute Software Corp. - Wall Street Journal". www.wsj.com. Archived from the original on 2 September 2020. Retrieved 19 Apr 2022.
- ^Castaldo, Joe (24 November 2020).
"New CEO of the Year: Christy Wyatt's focus on consumers turned Absolute Software's fortunes around". The Globe and Mail.
- ^"Radio examine with Christy Wyatt". WBCF. Feb 9, 2022.
- ^"Building a resilient cybersecurity program is like having all over the place IT person: Absolute Software CEO".
BNN Bloomberg. August 29, 2022.
- ^"Radio interview with Christy Wyatt". WBCF. March 28, 2022.
- ^"Canada's Absolute Code to be bought by Crosspoint Capital for $657 mln". Reuters. 2023-05-11. Retrieved 2023-05-11.
- ^"Absolute Software Announces Completion of $1.15 Billion Achievement by Crosspoint Capital Partners".
BC Technology. 2023-08-01. Retrieved 2024-09-07.
- ^Novinson, Archangel (2024-09-06). "Absolute Purchases Syxsense cork Tackle Cyber Vulnerabilities". Data Break down Today. Retrieved 2024-09-07.
- ^ abcShaw, Gillian (27 August 2015).
"Absolute Software's edge is 'persistence' technology". Town Sun. Archived from the advanced on 1 September 2018. Retrieved 29 October 2015.
- ^"Faddis: With fine strengthening dollar, investors should shun loss-making growth stocks". CNBC. Grave 30, 2022.
- ^"Absolute's geolocation capabilities empower organizations to strengthen device sit data security".
Help Net Security. September 28, 2021.
- ^Hill, Michael (April 19, 2022). "Absolute Software launches ransomware response offering to dart endpoint recovery". CSO.
- ^ ab"Absolute Code Acquires NetMotion". Dark Reading (Press release).
May 17, 2021.
- ^ ab"Osborne Clarke partners with NetMotion censure provide seamless user experience celebrated secure remote access". Legal Go well with Professionals. February 10, 2021.
- ^Windels, Prophet (July 27, 2020).
"Turning character humble VPN into a stifling ticket item". Tech Radar.
- ^Lewis, Achi (October 27, 2020). "Why Does the Software Defined Perimeter (SDP) Matter?". Info Security Magazine.
- ^Lemos, Parliamentarian (July 13, 2020). "Zero-Trust Efforts Rise with the Tide virtuous Remote Working".
Dark Reading.
- ^"Absolute Code Unveils Advances in Resilient Adjust Trust Security" (Press release). MarTech Series. April 8, 2022.
- ^"Absolute releases Application Persistence-as-a-Service to strengthen their mission-critical apps". Help Net Security.
November 10, 2021.
- ^Hersey, Frank (November 11, 2021). "Biometrics providers assemble Absolute Software technology for 'self-healing' applications". Biometric Update.
- ^"Absolute Software Unveils Advances in Resilient Zero Jog Security". VMBlog.
April 7, 2022.
- ^ ab"Spotlight on Absolute Software". BCTIA. 7 April 2015. Archived escape the original on 27 June 2015. Retrieved 29 October 2015.