Motorola, Inc. (MOT) said that it has completed the acquisition of SecureMedia, a developer of software-based digital rights management and security systems for IP video distribution and management. Terms of the transaction were not disclosed.
SecureMedia develops and markets software systems for securing the distribution of digital entertainment over multiple platforms to multiple devices, including set-top boxes, wireless handsets, PCs and portable entertainment devices.
With the acquisition of SecureMedia, Motorola will enhance its content security product portfolio and be able to offer both stand-alone as well as integrated software security solutions to IP video customers.
In separate press release, Motorola said that its Home and Networks Mobility business has shipped 100 million digital entertainment devices, a significant milestone that reflects the achievements of both the company and the worldwide service provider industry. This milestone coincides with the industry's transition from the "Digital Era" to the new "Internet Era of Television".
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