Tuesday, March 22, 2011

Motorola Mobility to Acquire Dreampark for IPTV Software

Motorola Mobility will acquire Dreampark, a leading IPTV software provider based in Norrkoping, Sweden, for an undisclosed sum.

Dreampark's software, which leverages open standards, such as HTML and scalable vector graphics (SVG), allows operators to customize their television portals. The Dreampark portfolio is expected to be integrated into the Motorola Medios service management software suite.

"This transaction enables us to continue to enhance our Medios software portfolio and capitalize upon the convergence of wireless technology, media, mobile computing and the Internet," said John Burke, senior vice president and general manager of Motorola Mobility's Converged Experiences business. "With the acquisition of Dreampark, Motorola Mobility will strengthen its ability to provide systems integrators, service providers, enterprises and content providers with innovative solutions for deploying converged media experiences. It's great to have the Dreampark team on board."http://www.motorola.com/mobility


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