Motorola and Modulus Video, a privately-held company, have announced the signing of a definitive merger agreement under which Motorola will acquire Modulus Video. The terms of the transaction have not been disclosed.
Modulus Video is a manufacturer of MPEG-4 Advanced Video Coding (AVC) compression systems designed for delivery of video content in the IPTV, cable, broadcast and satellite marketplace. Modulus Video has partnered with Motorola for over two years, bringing encoding solutions to customers around the world.
The acquisition will complement Motorola’s recent acquisitions of Broadbus, Kreatel, Tut Systems and Netopia in the creation and delivery of an integrated, end-to-end video delivery system for multiple network architectures.
“Motorola is committed to offering an integrated, end-to-end video portfolio designed to meet the current and next-generation requirements of operators,” said Dan Moloney, president, Home and Networks Mobility business, Motorola, in a prepared statement. “As consumers demand more high definition video and interactive services, the need for advanced compression technology is increasingly important. As part of its advanced real-time video encoding products, Modulus Video has a powerful architecture and product development framework that is well suited for continued technological advancement.”