Motorola and Modulus Video have announced the signing of a merger agreement that will see Motorola acquiring the video compression company. Modulus Video provides MPEG-4 Advanced Video Coding (AVC) compression systems for delivery of video content in the IPTV, cable, broadcast and satellite marketplace. The two companies have been working together on encoding solutions for over two years.
"Motorola is committed to offering an integrated, end-to-end video portfolio designed to meet the current and next-generation requirements of operators," said Dan Moloney, President, Home and Networks Mobility business, Motorola. "As consumers demand more high-definition (HD) video and interactive services, the need for advanced compression technology is increasingly important. As part of its advanced real-time video encoding products, Modulus Video has a powerful architecture and product development framework that is well suited for continued technological advancement."
Terms of the agreement were not disclosed.
Source:
DigiTimes
Terms of the agreement were not disclosed.
Source:
DigiTimes
