SCHAUMBURG, Ill.—Motorola Inc. announced it’s adding video-on-demand technology developer Broadbus Technologies Inc. to its portfolio, extending its line of “Seamless Video Anywhere” solutions.
Motorola explained that Broadbus Technologies’ suite of solutions enables the distribution of on-demand content to consumers through multiple devices, and its solid-state server architecture is based on the configuration and management of random-access memory. As a result, Motorola said that the platform can use less space and power than traditional hard-disk based technology.
The acquisition gives Motorola an opportunity to address the growing demand for mobile video, video on-demand, time-shifted TV, network-based digital video recording, on-demand ad insertion and switched digital video, the company said.
“Today, consumers expect to access video entertainment on the different devices they have, inside and outside of their home, in varying format—and to have it available upon request,” said Dan Moloney, president of connected home solutions at Motorola.
Currently, Broadbus Technologies has more than 60 video-on-demand deployments with service providers across the globe, including Comcast, Charter Communications, and Time Warner Cable. Key financial investors included Battery Ventures, Charles River Ventures, Comcast Interactive Capital and Star Ventures.
Though financial terms of the agreement to acquire privately held Broadbus were not disclosed, Motorola said it expects the transaction to close in the third quarter.
