(21 May 2007 6:00 pm)

MUMBAI: Motorola will acquire Modulus Video which works in the area of MPEG-4 Advanced Video Coding (AVC) compression systems designed for delivery of high value video content in the IPTV, cable, broadcast and satellite marketplace.

Modulus Video has partnered with Motorola for over two years bringing encoding solutions to key customers around the world.

This acquisition will complement Motorola’s recent acquisitions of Broadbus, Kreatel, Tut Systems and Netopia in the creation and delivery of an integrated, end-to-end video delivery system for multiple network architectures.

Motorola president home and networks mobility business Dan Moloney says, "We are committed to offering an integrated, end-to-end video portfolio designed to meet the current and next-generation requirements of operators.

“As consumers demand more high definition 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.”

Modulus Video chairman and CEO Bob Wilson says, “Through this acquisition, we will become part of a world-class organization in a highly strategic market segment. Our team will benefit from Motorola’s rich heritage and leadership of video delivery expertise. Modulus Video will bring to Motorola a software-centric platform that ensures flexibility, reduced cost and fast development time.”