Keynote acquires mobile testing platform DeviceAnywhere for $60M

Cloud monitoring and testing firm Keynote Systems has acquired privately held Mobile Complete, which does business as mobile website and applications trial platform DeviceAnywhere. The deal is valued at approximately $60 million in cash, plus a potential earn-out of another $30 million if certain calendar year 2011 and 2012 bookings, revenue and EBITDA thresholds are met.

DeviceAnywhere offers cloud-based products and services enabling developers and content providers to test and monitor the functionality, usability, performance and availability of any mobile effort, including native apps, HTML5 solutions and multimedia services. The firm touts 24/7 remote online access to smartphones and tablets running Apple's (NASDAQ:AAPL) iOS, Google's (NASDAQ:GOOG) Android, Microsoft's (NASDAQ:MSFT) Windows Phone and Research in Motion's (NASDAQ:RIMM) BlackBerry operating systems, enabling clients to trial their content across multiple devices or test device-to-device interactions from anywhere across the globe. DeviceAnywhere also supplies planning, collaboration, management and reporting tools enabling customers to manage all facets of the mobile app lifecycle in the cloud.

Keynote will look to DeviceAnywhere to extend its mobile product portfolio into the mobile testing and quality assurance market. All 119 DeviceAnywhere employees are expected to join Keynote--DeviceAnywhere will operate as a standalone Keynote subsidiary led by CEO Faraz Syed and CTO David Marsyla.

For more:
- read this release

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