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Old 02-26-2006, 11:01 AM   #1
LXer
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LXer: Motorola Completes Acquisition of Kreatel Communications


Published at LXer:

HORSHAM, Pa. and LINKOPING, Sweden, Feb. 24 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) today announced it has completed its previously announced acquisition of Kreatel Communications AB (publ). Kreatel is a leading developer of innovative Internet Protocol (IPTV) based digital set-tops. Kreatel's Linux-based solution extends into the application and middleware layers, allowing it to be used with a broad set of middleware solutions. This flexible set-top platform is a natural complement to Motorola's end-to-end digital video solutions. Motorola offers flexible solutions throughout the cable, xDSL, and fiber-to-the-premise (FTTP) video chain -- including network infrastructure, video headend and transport, industry-leading MPEG-4 encoding, and connected home devices. Kreatel's management team and employees will remain based in Linkoping, Sweden, and be integrated into the Motorola Connected Home Solutions business.

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