Motorola to Buy Broadbus Technologies to Extend VOD Portfolio
Motorola Inc. has announced that it will buy privately-held Broadbus Technologies Inc., a provider of technology solutions for Television On-Demand (TOD), to extend its on-demand content through mobile and fixed-line devices.
With the acquisition, Motorola will extend its robust video delivery platform with new content management and distribution capabilities that address growing market opportunities such as mobile video, video on-demand (VOD), time-shifted TV, network-based digital video recording (nDVR), on-demand ad insertion (ODAI) and switched digital video (SDV).
Broadbus Technologies, Inc. was founded in 1999 and currently has more than 60 video-on-demand deployments with service providers worldwide, including Comcast, Charter Communications, and Time Warner Cable.
Financial terms of the transaction were not disclosed.
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