Tuesday, June 28, 2005

Motorola to Acquire Sendo for Handset R&D

Motorola agreed to acquire key assets from British mobile handset maker Sendo Ltd. for an undisclosed sum. Send sold approximately 5 million handsets in 2004 and had more than $420 million in revenue; however, the privately held company went into administration due to financial pressures. Motorola is purchasing Sendo's UK- and Singapore-based research and development team and design and test equipment required by that team, as well as the company's intellectual property portfolio.

Sendo has approximately 200 engineers -- with nearly 170 of those based in Birmingham, UK, and the rest based in Singapore. Motorola will integrate the engineers into its Mobile Devices business. Sendo's intellectual property portfolio includes 50 existing and 40 pending patents.

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