Motorola Inks Agreement To Attain Leapstone Systems |
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| Written by Subhasis Chatterjee | |
| Wednesday, 11 July 2007 | |
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Motorola, Inc. the renowned frontrunner in wireless and broadband communications today announced here of its signing a merger agreement with the intention of acquiring the noteworthy privately held organization, the Leapstone Systems, Inc. It is to be noted in this esteem, that Leapstone has been a prominent communications software developer engaged in the provision of a integrated platform for the mere creation, management and delivery of converged video, voice and data service bundles from corner to corner of the multiple networks and devices in a speedy track. However the terms of the transaction, either in details or in part, has not been disclosed till now.
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 Leapstone flagship Communications Convergence Engine or the CCE product suite is a real-time service delivery platform that is thoroughly engaged in the enabling of permanent and mobile network operators meant for the sheer expansion and at the same pace advancing their service offerings through its powerful Service Broker and Content Manager software products. Right from its inception the Leapstone has been delivering quality products thus making a proven commercial track record of success. The repeated success has elevated its clientele to a substantial proportion and possess a bulk of prominent service providers in the international arena as its customers that include the noteworthy business houses like the AT&T and Verizon Wireless. While speaking on the occasion Dan Moloney, the President, Motorola Home & Networks Mobility said, "Leapstone will contribute its leading intelligent service delivery and content management platform to Motorola, which will serve as our new engine for enabling seamless mobility experiences across applications, devices and domains. We're pleased to add the talented Leapstone team and their proven powerful software platform to Motorola's end-to-end content delivery portfolio." On the other hand, Rick Orriss, the Chief Executive Officer of Leapstone Systems said, "The combination of Leapstone's CCE with Motorola's world-class infrastructure equipment and consumer devices will offer service providers an integrated approach to deliver a unique combination of compelling end-user services to their customers." "Our team is excited to join an industry leader like Motorola and contribute to the Motorola's commitment to delivering innovative solutions for home and mobile networks," he said. |