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Wednesday, April 25, 2012
20M Users Strong, Lookout Partners With Deutsche Telekom To Bring Mobile Security Apps To Europe
Lookout, a company that offers security services for a number of smartphone platforms, is continuing its international expansion to Europe with a strategic partnership with European telecommunications giant. Deutsche Telekom. Financial terms of the partnership were not disclosed. For background, Lookout?s web-based, cloud-connected applications for Android, Windows Mobile, BlackBerry and iOS devices help users from losing their phones and identifies and block threats on a consumer?s phone. Users simply download the software to a device, and it will act as a tracking application, data backup and a virus protector much like security software downloaded to a computer. People can also manage multiple mobile devices and locate a phone or tablet on a Google map. Lookout, which now has 20 million users, says it identified more than 1,000 instances of mobile malware in 2011, which is a significant increase since 2010.
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