SCHAUMBURG, Ill.-Motorola Inc. said it signed an agreement to acquire MeshNetworks Inc. to extend its broadband wireless capability for next-generation content, including data, video, location and Voice over Internet Protocol services.
The terms of the deal were not disclosed, but it is expected to take effect in the fourth quarter of this year.
“This acquisition will provide Motorola with technologies that will have a significant benefit for customers across all of our businesses ranging from mission-critical and enterprise markets to automotive and home-entertainment applications,” said Greg Brown, president of Motorola’s commercial, government and industrial solutions sector.
Mesh technology has gained currency for broadband during the past year, helping to extend new services and networks, including Wi-Fi.
MeshNetworks also develops broadband radio and position-location technologies.<p
