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Motorola to acquire BitBand

Posted on: Mon, 16 Nov 2009 11:02:00 EST

Symbols: MOT

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Nov 16, 2009 (TELECOMWORLDWIRE via COMTEX) --
MOT | Quote | Chart | News | PowerRating -- Broadband and wireless communications company Motorola Inc (NYSE:MOT)
announced on Monday it has signed a definitive agreement to acquire
content management and delivery systems provider BitBand.

The financial terms of the acquisition were not revealed.

According to the company, Israeli-based BitBand has more than 60
commercial IPTV deployments worldwide. The acquisition is expected to
complement Motorola's existing on-demand product line, which includes
the Adaptive Media Management framework for content management and
streaming servers for centralised and edge-based on demand networks.

BitBand brings products tailored for IP video and expertise in IPTV
solutions, as well as solutions for Content Delivery Networks (CDN) and
Over-the-Top video services. With the addition of its products,
Motorola can offer comprehensive on demand solutions for its customers,
addressing a range of deployment scales, access networks, video formats
and business models.

BitBand will be integrated into Motorola's Home & Networks Mobility
business.

The acquisition is expected to close in Q4 2009, subject to customary
closing conditions.

Comments on this story may be sent to tww.feedback@m2.com

For full details on Motorola Inc (MOT) MOT. Motorola Inc (MOT) has Short Term PowerRatings at TradingMarkets. Details on Motorola Inc (MOT) Short Term PowerRatings is available at This Link.

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