Motorola to acquire IPTV software provider

Enhances medios software portfolio

PTI | March 23, 2011



Motorola Mobility Inc today said it will acquire Dreampark, an IPTV software provider for an undisclosed amount.

"We have signed a definitive agreement to acquire Dreampark, a leading IPTV software provider based in Sweden," Motorola Mobility said in a statement.

However, the company has not disclosed the financial terms of the deal.

"This transaction enables us to continue to enhance our Medios software portfolio and capitalise upon the convergence of wireless technology, media, mobile computing and the Internet," said John Burke, senior vice-president and general manager of Motorola Mobility's Converged Experiences business.

Motorola Mobility, the mobile phone division of global telecom giant Motorola, which was hived off from the rest of the company in January, said that the acquisition is expected to close in the second quarter of 2011.

Motorola's mobile unit includes handsets and set-top boxes that will continue to do business under the name Motorola Mobility, while the remaining Motorola changes its name to Motorola Solutions.

It will sell police radios and barcode scanners to government and business customers.

Earlier in December, Motorola Mobility announced it will acquire Zecter Inc, a start-up firm offering products for cloud-based storage and streaming of digital media to Internet-enabled devices.
 

Comments

 

Other News

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter