Motorola Completes BitBand Acquisition
Motorola (NYSE: MOT) has acquired BitBand Inc., an Tel Aviv, Israel-based provider video-on-demand technology for IPTV. No financial terms were disclosed. BitBand had raised over $9 million in VC funding from Apax Partners, Sequoia Capital, Aviv Venture Capital, the Challenge Fund and Ascend Technology Ventures.
22 February 2010•2 mins read
