Motorola Attains Modulus Video |
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| Written by Subhasis Chatterjee | |
| Friday, 06 July 2007 | |
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Motorola, Inc., the renowned frontrunner in wireless and broadband communications today announced here of the completion of its getting hold of of Modulus Video, Inc., an equally eminent company operating for years in the realm of the private sector. However, the terms of the transaction have not been disclosed yet. Motorola is renowned throughout the world for its innovative techniques and leadership in wireless and broadband communications. Being inspired by the vision of Seamless Mobility, the name of Motorola has become synonymous to get and stay connected simply and seamlessly to the people, information, and entertainment. The company excels in this by designing and delivering "must have" products, "must do" experiences, and powerful networks -- along with a full complement of support services. On the contrary the Modus Video for years has been at the zenith of fame, apart form its earnestness and mode of execution, as a prime leader and innovator in MPEG-4 Advanced Video Coding or the AVC compression systems that have been designed for the effective provision of high value video content that has become exceedingly imperative in the modern electronic devices like the IPTV, cable, broadcast and satellite marketplace. It is to be noted in this respect, that the Modulus Video has been engaged as a partner with the Motorola for over two years at a stretch with the sole intention and delivering in conjunction with it high-quality encoding solutions to strategic clientele more or less throughout the international arena. It is also known that from its commencement in the year 2002 it has been the solitary company which has its centralized focus on the full or 100 percent of its efforts that are extremely imperative regarding the perfection in the use of the MPEG-4 AVC video compression standard. In this respect, according to the Company, the new achievement shall augment the previous list of its recent successes in attaining the renowned organizations like the Broadbus, Kreatel, Tut Systems and Netopia. The objective in each respect shall have been the foundation and provision of an integrated, end-to-end video delivery system driven towards the multiple network architectures. There is a high expectation that through this requirement the Modulus Video by and large will become a wholly owned subsidiary of Motorola. In due course it shall be integrated into the Motorola Home and Networks Mobility business. |