SCHAUMBURG, Il. – Motorola announced Tuesday that it is buying Broadbus Technologies, a Boxborough, Ma.-based provider of on demand solutions.
"Broadbus Technologies’ industry-leading, carrier-class technology solutions enable the distribution of on-demand content to consumers through multiple devices," explains the press release. "The company’s innovative solid-state server architecture is based on the intelligent configuration and management of dynamic random-access memory (DRAM). As a result, the platform can use less space and power than traditional hard-disk based technology, while providing performance, reliability and scalability improvements for video ingest, streaming, and storage."
A Motorola purchase of Broadbus was a hot rumor on the floor of the SCTE Cable-Tec Expo in Denver last month.
With the acquisition, Motorola will extend its video delivery platform with new content management and distribution capabilities that address growing market opportunities such as mobile video, video on-demand (VOD), time-shifted TV, network-based digital video recording (nDVR), on-demand ad insertion (ODAI) and switched digital video (SDV).
“Today, consumers expect to access video entertainment on the different devices they have, inside and outside of their home, in varying formats – and to have it available upon request. The addition of Broadbus Technologies will bring Motorola’s video delivery platform one step closer to enabling this vision of seamless mobility by providing us with field-proven content management and delivery solutions,” said Dan Moloney, president, Motorola Connected Home Solutions. “Service providers will be able to take advantage of a complete end-to-end seamless video experience enabled by Motorola technology to extend their customer relationships.”
Broadbus was founded in 1999 and currently has more than 60 video-on-demand deployments with service providers worldwide, including Comcast, Charter Communications, and Time Warner Cable. Key financial investors included Battery Ventures, Charles River Ventures, Comcast Interactive Capital and Star Ventures.
Financial terms of the transaction were not disclosed.
