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Motorola To Buy Leapstone To Support Quad-Play Content

By James Quintana Pearce - Wed 11 Jul 2007 06:56 AM PST

Motorola has announced it will buy Somerset, New Jersey-based Leapstone Systems in the third quarter this year—the financial terms were not disclosed. Leapstone produces software that helps carriers create and deliver video, voice and data services across multiple networks, and counts AT&T and Verizon amongst its customers. Leapstone’s systems complement “Motorola’s Global Applications Management Architecture, which is specific to mobile networks” according to Sean Matthews, a senior director of strategy at Motorola reports InfoWorld. The aquisition appears to be part of Motorola’s strategy to keep pace with the operators as they move into “quad-play” offerings, with the new technology supporting things like IPTV.

Posted in: Companies, Motorola, Entertainment, Mobile Video, Mobile TV, Money, VC M&A



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