SCHAUMBURG, Ill., Feb. 19 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) today 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.
Motorola is known around the world for innovation in communications and focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola (NYSE: MOT) had sales of US $22 billion in 2009. For more information, please visit www.motorola.com
SOURCE Motorola, Inc.