Motorola Mobility acquires Internet TV company Dreampark
Motorola Mobility acquires Internet TV company Dreampark
Motorola on Wednesday announced that it has closed a deal to acquire Swedish IPTV software company Dreampark. The terms of the acquisition, which is expected to close in the second quarter of 2011, were not disclosed. Dreampark’s core software product is called Dreamgallery, a middleware solution that allows operators to provide services over television networks. Motorola will integrate Dreamgallery and other Dreampark solutions into its Motorola Medios 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 Motorola Mobility’s SVP and GM of Converged Experiences, John Burke, in a statement. “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. It’s great to have the Dreampark team on board.” Hit the break for the full press release. More →
With our US-centric focus, we often forget that globally, WiMAX has over 500 network deployments in more than 145 countries. One of the current hotbeds for WiMAX deployment is the Asia-Pacific region which is expected to see explosive growth over the next two years. Capitalizing on this growth opportunity is InfoValue, a US-based IPTV company. InfoValue has announced the launch of its newest IPTV service, which promises to deliver high quality live TV and interactive video-on-demand over WiMAX networks in the burgeoning Asia-Pacific market. They claim the service can deliver a consistent, high-quality H.264 stream in moving vehicles, handling tower to tower handoffs with ease. Sweet! Now if they could just get Sprint to jump on board and bring real mobile TV to the US… Full press release after the break.
