Motorola Acquires Vertasent, Enhances Company's Next-Generation Digital Video Platform
SCHAUMBURG, Ill., Sept. 25 /PRNewswire-FirstCall/ -- Motorola, Inc.
(NYSE: MOT) today enhanced its next-generation video network platform with the
acquisition of Vertasent, LLC.
Based in Colmar, Pa., Vertasent is a privately-held developer of software
applications that enables services such as content-on-demand or IPTV to share
resources and be delivered over a common infrastructure. Vertasent's
applications manage the elements in a "switched" digital video network -- a
key area of interest for cable operators. A switched video architecture can
increase available bandwidth in a cable network by dynamically transmitting
only those channels currently being watched in a given neighborhood.
"Over the past several years, consumer demand for advanced video services,
such as Video-on-Demand and High-Definition TV (HDTV) service, has risen
rapidly. In response, pay-TV service providers are broadening the
availability of many advanced services in order to reach a wider array of home
and mobile devices," according to Mike Paxton, a cable TV industry analyst at
In-Stat, a leading technology research firm.
"Motorola's acquisition of Vertasent, coupled with its purchase of
Broadbus Technologies earlier this summer, now allows the company to provide
pay-TV service providers with an end-to-end, open standards hardware and
software portfolio that supports advanced video services and improves
bandwidth management," said Paxton.
Vertasent's Integrated Resource Management solution is based on industry-
standard interfaces and protocols. This can reduce expense for providers by
eliminating the need to add dedicated equipment for each new service and
offers the opportunity to select a best-in-class device for each element of
the video network.
Together with Motorola's existing on-demand hardware solutions, the
Vertasent system can offer service providers three key benefits: (1) an open
platform for expanding their program offering to potentially include millions
of live and on-demand titles; (2) the additional flexibility to more
efficiently migrate to an all-digital network architecture; and (3) the
ability to stream video programming to any device.
"Motorola is today delivering solutions that make seamless video -- in and
out of the home -- a reality. Vertasent will play a critical role in our
technology strategy, by providing the software 'glue' that unifies the
management of advanced services and the standards-based video components in
the network," said Dan Moloney, President, Motorola Connected Home Solutions.
"Motorola's robust digital video platform now gains the unparalleled
flexibility to deliver content one-to-one or one-to-many -- over a common
network infrastructure."
Financial terms of the completed transaction were not disclosed.
Vertasent's management team and employees are expected to remain based in
Colmar, Pa. and be integrated into the Motorola Connected Home Solutions
business.
About Motorola
Motorola is known around the world for innovation and leadership in
wireless and broadband communications. Inspired by our vision of Seamless
Mobility, the people of Motorola are committed to helping you get and stay
connected simply and seamlessly to the people, information, and entertainment
that you want and need. We do this by designing and delivering "must have"
products, "must do" experiences and powerful networks -- along with a full
complement of support services. A Fortune 100 company with global presence
and impact, Motorola had sales of US $35.3 billion in 2005. For more
information about our company, our people and our innovations, please visit
http://www.motorola.com .
MOTOROLA and the Stylized M Logo are registered in the US Patent &
Trademark Office. All other product or service names are the property of
their respective owners.
SOURCE Motorola, Inc.
