HORSHAM, Pa., Sept. 8 /PRNewswire-FirstCall/ -- Motorola, Inc.
(NYSE: MOT) today announced it has completed the acquisition of Broadbus
Technologies, Inc. of Boxborough, Mass.
On July 25, 2006, Motorola announced an agreement to acquire Broadbus, a
leading provider of content on-demand technologies. Founded in 1999, Broadbus
has deployed its Television on Demand solution with over 60 service providers
With the close of the transaction, Motorola gains content management and
distribution capabilities to address growing market opportunities such as
mobile video, video on-demand (VOD), network-based digital video recording
(nDVR), on-demand ad insertion (ODAI) and switched digital video (SDV).
Broadbus' management team and employees will remain based in Boxborough
and be integrated into the Motorola Connected Home Solutions business.
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
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SOURCE Motorola, Inc.