Stock News: K1 Venture to sell 5% stake in Good TEchnology to Motorola!

K1 Ventures said it will sell its 5 pct stake in mobile computing software firm Good Technology Inc to Motorola Inc. The company did not disclose the terms of the deal, which is expected to close in early 2007 subject to regulatory approval. But it did say certain closing conditions could have an impact on the timing and amount of cash that will be distributed to the owners of Good Technology, which would also impact the gains that will be recognized from the deal.