Motorola to Acquire Modulus Video

Motorola announced the signing of a definitive merger agreement to Modulus Video, a provider of MPEG-4 compression systems designed for delivery of video content in the IPTV, cable, broadcast and satellite marketplace. Financial terms of the transaction were not disclosed. The acquisition is expected to close in 2Q or 3Q2007.

Motorola announced the signing of a definitive merger agreement to Modulus Video, a provider of MPEG-4 compression systems designed for delivery of video content in the IPTV, cable, broadcast and satellite marketplace. Financial terms of the transaction were not disclosed. The acquisition is expected to close in 2Q or 3Q2007. More

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