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Absolute cashes in on ‘persistent’ technology as opportunities rise for mobile

telecom | 05/29/2013 9:12 pm EDT

As the cliché goes, there is success in persistence. For Absolute Software Corp., it's in “persistent,” unerasable software. A Canadian company based in Vancouver, Absolute sells software that allows companies and consumers to locate lost or stolen mobile devices and laptops. Twenty years since its founder created the company after his own laptop was stolen, Absolute, now with international offices, inked a major deal this year that involves installing its software on millions of Samsung Electronics Co. Ltd. devices per month. Todd Leeson, vice-president of business development and mobile strategy at Absolute, said in a telephone interview that Absolute’s...