SCHAUMBURG, Ill.-Motorola Inc. purchased Texas-based Wireless Valley Communications, a privately held company that creates software for designing and managing wireless networks including cellular, Wi-Fi, WiMAX and mesh.
According to reports, Motorola purchased the software maker for an undisclosed amount and plans to retain all 24 of its employees, including James Welch, the company’s president and chief executive. Welch will lead the team, which will operate as part of Motorola’s enterprise division with products marketed toward government and public-safety channels.
Meanwhile, in other acquisition news, Nortel Networks Ltd. announced plans to purchase networking company Tasman Networks for $99.5 million in cash.
Nortel said San Jose, Calif.-based Tasman provides wide-area network Internet Protocol routers as part of its end-to-end converged enterprise networks solution.
“With the acquisition of Tasman Networks, Nortel will strengthen its position as an innovator in providing resilient end-to-end converged, secure IP telephony and multimedia networks,” said Steve Slattery, president of Enterprise Solutions and Packet Networks at Nortel. “We anticipate that the Tasman products will complement our enterprise infrastructure solutions and further our ability to provide seamless, feature-rich networks that support critical real-time applications-including voice, video, and streaming multimedia applications.”
Nortel said it anticipates closing the deal in early 2006.
