Motorola has signed a definitive agreement to acquire SecureMedia, which will now become part of Motorola’s Home & Networks Mobility business.
SecureMedia develops and markets software systems for securing the distribution of digital entertainment over multiple platforms to multiple devices, including set-top boxes, wireless handsets, PCs and portable entertainment devices using SecureMedia’s Encryptonite One system.
With this acquisition, Motorola will enhance its content security product portfolio. It will be able to offer both stand-alone and integrated software security solutions to IP video customers.
“Motorola continues to invest in our video infrastructure solutions as our customers evolve their networks to handle the explosion in consumer demand for video,” said John Burke, senior VP, Motorola Home & Networks Mobility business, in a statement. “SecureMedia has superior expertise in IP-based video security and digital rights management — critical capabilities for the emerging Internet Era of Television, where video content is mobilized across the three screens of TV, mobile phone and PC.”
“As part of Motorola, the SecureMedia team will continue to expand the reach of our award-winning digital security solutions by gaining new customers and partners in business segments such as cable, and we will also continue to support our current customers and partners,” said Fred Ellis, chief operating officer for SecureMedia. “We’re thrilled to become a part of Motorola, a major global video leader.”
