SCHAUMBURG, Ill., Jan. 28 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) today announced that it has completed its acquisition of SecureMedia®, a developer of software-based digital rights management (DRM) and security systems for IP video distribution and management. As previously announced on January 7 this year, Motorola and SecureMedia signed a definitive purchase agreement under which Motorola has now acquired all of the assets of SecureMedia. Terms of the transaction were not disclosed.
SecureMedia develops and markets software systems for securing the distribution of digital entertainment over multiple platforms to multiple devices, including set-top boxes, wireless handsets, PCs and portable entertainment devices. With the acquisition of SecureMedia, Motorola will enhance its content security product portfolio and be able to offer both stand-alone as well as integrated software security solutions to IP video customers.
Motorola's Home & Networks Mobility business delivers fully integrated and customizable media solutions enabling operators to provide personalized, rich media experiences to their subscribers. As a global leader in digital video entertainment devices, digital and IP video headends as well as digital video processing, Motorola brings its video expertise to bear as operators - wireline, wireless, cable and telco - seek to evolve their networks for the emerging Internet Era of Television.
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.
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