SCHAUMBURG, Ill.-Motorola Inc. said its equity investment arm made an undisclosed financial investment in wireless local area network developer Trapeze Networks Inc.
Trapeze Networks designs a WLAN mobility solution that allows users to roam securely anywhere in a network and across multiple facilities.
“Trapeze’s product offering complements Motorola’s existing wide-area cellular and Mesh-enabled technology solutions and enlarges our ecosystem around this key developing market space,” said Warren Holtsberg, corporate vice president, equity investments and director of Motorola Ventures. “Their strong technology development and experienced management team, as well as the complementary nature of their indoor wireless LAN solution, will help Motorola deliver a broader seamless mobility experience to meet the diverse needs of its customers.”
Holtsberg added the new capital will help fund further development of Trapeze’s Mobility System software by adding features that extend enterprise mobility, improve video and multimedia capability and provide location services.
In March, Nortel Networks Ltd. partnered with Trapeze for WLAN offerings for enterprises.
