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WirelessDevNet.com Press Release
Motorola Completes Acquisition of Leapstone Systems
SCHAUMBURG, Ill., Aug 20, 2007 - Motorola, Inc. (NYSE: MOT)
has completed the acquisition of privately-held Leapstone Systems,
Inc. Leapstone is a leading communications software developer that
provides a unified platform for rapidly creating, managing and
delivering converged video, voice and data service bundles across
multiple networks and devices. Terms of the transaction were
not disclosed.
Leapstone flagship Communications Convergence Engine (CCE) product suite
is a real-time service delivery platform that enables fixed and mobile network
operators to expand and evolve their service offerings through its powerful
Service Broker and Content Manager software products. Leapstone has a proven
commercial track record of success and counts some of the world's leading
service providers as its customers.
As of today, Leapstone becomes a part of Motorola's Home & Network
Mobility business.
The two companies announced a definitive merger agreement on July 10,
2007.
About Motorola
Motorola is known around the world for innovation and leadership in
wireless and broadband communications. Inspired by our vision of seamless
mobility, the people of Motorola are committed to helping you connect simply
and seamlessly to the people, information and entertainment that you want and
need. We do this by designing and delivering "must have" products, "must do"
experiences and powerful networks -- along with a full complement of support
services. A Fortune 100 company with global presence and impact, Motorola had
sales of US $42.8 billion in 2006. For more information about our company, our
people and our innovations, please visit http://www.motorola.com.
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