Motorola Mobility (NYSE:MMI) today said it had signed a definitive agreement to acquire Swedish middleware provider Dreampark. Terms of the deal, which Motorolla said should close in the second quarter, were not released.
Dreampark is a major provider of middleware solutions for cable, terrestrial and IPTV services in the European market. Dreampark recently expanded its product line into Africa with a big customer win in Egypt.
Its premier product, Dreamgallery, uses open standards, such as HTML and scalable vendor graphics, combined with a software development kit to make it easier for operators to customize their offerings.
Motorola said Dreampark's product line would be integrated into its own Medios service management software suite.
"This transaction enables us to continue to enhance our Medios software portfolio and capitalize upon the convergence of wireless technology, media, mobile computing and the Internet," said John Burke, Senior Vice President and General Manager of Motorola Mobility's Converged Experiences business. "With the acquisition of Dreampark, Motorola Mobility will strengthen its ability to provide systems integrators, service providers, enterprises and content providers with innovative solutions for deploying converged media experiences."
In December, Motorola announced its intent to buy Zecter, a start-up offering products for cloud-based storage and streaming of digital media to Internet-enabled devices.
For more:
- see this release
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Swedish middleware specialist Dreampark scores customer wins in Finland, Africa