Tuesday, February 23, 2010

Motorola Completes Acquisition of BitBand

Strategic acquisition enhances Motorola�s On Demand Portfolio.

SCHAUMBURG, Ill. -- Motorola, Inc. (NYSE: MOT) announced that it completed the previously announced acquisition of BitBand, a leading provider of content management and delivery systems, specializing in video on demand for IPTV. Terms of the transaction were not disclosed.

Integrated into Motorola�s Home business, the acquisition of BitBand will complement Motorola�s existing on demand product line which includes the Adaptive Media Management framework for content management and high-performance streaming servers for centralized 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 BitBand�s products, Motorola can offer comprehensive on demand solutions for customers worldwide, addressing a wide range of deployment scales, access networks, video formats and business models.

BitBand customers will benefit from Motorola�s leadership in video solutions and worldwide scale of operations. With BitBand�s CDN solutions, IP video expertise and strong customer relationships around the world, Motorola can further strengthen its position as a leader in video.

No comments:

Post a Comment