By Sarah Perez - October 24th, 2011

“Symantec protects data on your PC, but your mobile phone is a personal security device,” he explains. The company plans to delve deeper into what a phone can do to help users stay secure, even going so far as to protect you when you have to walk through a darkened parking garage alone.

Location Labs, a location-as-a-service provider and makers of mobile parental control utility Safely, is today announcing the acquisition of two companies in the mobile space, Wirkle and Volly. Wirkle, a mobile product development firm, and group messaging company Volly will bring their product portfolios, IP and team to Location Labs as a part of their respective deals.

Although the terms of the deals were not disclosed, the cumulative value of both companies was in the millions.

Location Labs may not be a household name, but its technology is pre-loaded onto millions of mobile phones in the U.S. The company’s Sparkle mobile platform serves as the basis for Safely, and is shipping pre-installed on all of Sprint’s smartphones. In addition to Sprint, the company also counts among its partners AT&T and T-Mobile, and its solutions power the carrier-branded Family Locator apps as well as Sprint and T-Mobile’s ”no texting while driving” services.

The new acquisitions will help Location Labs further expand into becoming a full-fledged mobile security company, says CEO Tasso Roumeliotis. “Symantec protects data on your PC, but your mobile phone is a personal security device,” he explains. The company plans to delve deeper into what a phone can do to help users stay secure, even going so far as to protect you when you have to walk through a darkened parking garage alone.

Read Full Article