Absolute CEO Says Samsung Deal to Drive Growth: Corporate Canada
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Absolute Software Corp., the maker of theft-recovery software installed on a billion laptop computers since 2005, says growth is about to speed up from demand in the $300 billion smartphone industry.
Samsung Electronics Co., the world’s largest smartphone maker, agreed April 3 to put the software in its newest smartphone and tablet, sending Absolute stock surging 16 percent. The Vancouver-based company plans to use the deal as a springboard to more recognition and contracts.