Motorola to Acquire Video-on-Demand Delivery Firm Broadbus
Rosemont, Ill. - Motorola announced on Tuesday that it will acquire Broadbus Technologies, a developer of video-on-demand delivery technology. Financial terms of the deal, expected to close in the third quarter, were not disclosed. Founded in 1999, Massachusetts-based Broadbus provides servers and software used by customers including Comcast, Charter and Time Warner Cable to deliver video-on-demand services. Motorola said the acquisition will add new content management and distribution capabilities to its video delivery platform for new markets like mobile video, video-on-demand, time-shifted TV, network-based digital video recording, on-demand ad insertion and switched digital video.
http://biz.yahoo.com/prnews/060725/cgtu003b.html?.v=1 http://www.broadbus.com
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