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Terayon agrees to merge with Motorola for Rs.616cr

Posted: 25 Apr 2007     Print Version  Bookmark and Share

Keywords:Motorola Terayon acquisition  video processing solution  software driven application 

Motorola Inc. acquired Terayon Communication Systems Inc. for about Rs.616.04 crore ($140 million) to enhance its video infrastructure and seamless mobility score using Terayon's software-driven application solutions.

Terayon is dedicated to creating video processing solutions that optimise bandwidth and enable content to be delivered based upon the regional and local interest of viewers.

Terayon has software-driven application solutions that will enhance Motorola's video infrastructure and seamless mobility score, providing the company with video processing solutions that enable digital ad insertion, motion and graphical overlays, channel branding and channel line-up solutions as well as cutting-edge ad insertion delivery technologies.

"The acquisition of Terayon will enhance Motorola's end-to-end portfolio for the delivery of next-generation services such as targeted advertising and programme insertion solutions," said Dan Moloney, president, Motorola Connected Home Solutions.

Under the terms of the acquisition, Terayon will be a wholly-owned subsidiary of Motorola and will be integrated into the Motorola Connected Home Solutions business. Motorola intends to maintain Terayon's operations in California, United States.

The acquisition is expected to be completed in the second or third quarter of this year.

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