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The acquisition extended
Alcatel-Lucent and Motive's profitable three-year partnership. Both companies developed and sold remote management software for automating the installation, setup, and maintenance of residential gateways for home networking. There were already more than 40 joint customers
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announced that it had entered into a definitive agreement to acquire Motive Inc. through a cash tender offer for all outstanding Motive shares at a price of US$ 2.23 per share, representing a value of approximately $ 67.8 million.
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million and involving the transfer of around 500 employees, completed in April 2024. Lumine revived the Motive brand for its new stand-alone device management and service management business.
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Companies worldwide used Motive software in their online services. Motive-powered e-service networks were being used in the online economy by companies as diverse as
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The Motive brand was revived in 2024 by Lumine Group, after it bought Nokia's device management business unit.
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inquiry into restatement of results (linked to revenue from resellers) and stock sales by certain executives.
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2000–2003: Acquires three other Austin companies (Ventix, Question.com, BroadJump); merges with All.com.
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Oct. 27, 2005: Restates earnings for first and second quarters of 2005; cuts one-third of work force.
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Jan. 16, 2007: Receives a cash infusion from Elion, a telecommunications provider in
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June 25, 2004: Initial public offering; shares rise 1.5 percent to $ 10.15.
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Jan. 23, 2006: Receives extension to report fourth-quarter results.
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492:"Nokia sells device management business to Lumine for £160m"
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Apr. 12, 2007: SEC inquiry becomes a formal investigation.
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Feb. 21, 2006: Chairman and CEO Scott Harmon resigns.
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518:"Nokia flogs DM and SMP businesses to Lumine"
288:amongst Alcatel-Lucent and Motive, including
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361:Oct. 24, 2006: Mike Fitzpatrick named CFO.
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106:Learn how and when to remove this message
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221:in 2008, which was in turn acquired by
440:"SEC launches investigation of Motive"
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516:Wooden, Andrew (December 21, 2023).
44:adding citations to reliable sources
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354:Apr. 10, 2006: Motive delisted by
338:Nov. 14, 2005: Announces informal
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129:Acquired by Alcatel-Lucent
496:Mobile Marketing Magazine
574:– archived October 2005
444:Austin Business Journal
184:US$ 97 million (2004)
383:Revival of the brand
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547:www.luminegroup.com
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194:~300 (2007)
96:August 2020
582:Categories
400:References
390:Mformation
164:Key people
121:Motive Inc
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553:April 21,
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278:Peregrine
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312:Timeline
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