iPass Inc was incorporated in California in July 1996 and reincorporated in Delaware in June 2000. The Company is a provider of Wi-Fi network, offers Wi-Fi access on any mobile device on a software-as-a-service (SaaS) platform. Its service keeps its customers connected by providing unlimited Wi-Fi connectivity on unlimited devices. The Company has one operating segment, Mobility Services. The Mobility Services segment includes services that help enterprises manage the networks, connections and devices used by their mobile workforce. The iPass Unity segment provided customers with Wi-Fi and Wide Area Network solutions. Mobility Services comprises of two service offerings: Open Mobile Enterprise Services, and Open Mobile Exchange. The Company provides iPass OME to enterprises to deliver enhanced network mobility services, addressing enterprises' needs to manage their mobility economics, high-speed network connectivity requirements and proliferation of mobile devices, including the bring- your-own-device trend. OME consists of the Company's network services and platform services. The Company also provides its iPass OMX to strategic partners that incorporate iPass OMX into their core products and services, geared for the mass market. iPass OMX strategic partners include OEMs, premium brand partners, software product and service providers, and telecom carriers. The Company sells its services directly through its sales force and indirectly through its reseller and carrier partners. The Company competes with telecom operators, cloud-based platform operators, cable companies, and smaller Internet service providers.
Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content.