Motorola has signed a definitive agreement to acquire Bitband, a provider of content management and delivery systems, specialising in video-on-demand for IPTV.
Terms of the transaction were not disclosed. The acquisition, which is subject to customary closing conditions, is expected to close in Q4 2009. Bitband will be integrated into Motorola’s Home & Networks Mobility business.
Based in Netanya, Israel, Bitband is understood to have over 60 commercial IPTV deployments worldwide, including TELE2 (Holland), Fastweb (Italy), and Swyazinvest (Russia).
Motorola believes the acquisition will complement its existing on demand product line that includes the Adaptive Media Management framework for content management and streaming servers for centralised and edge-based on demand networks.
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