Sign In
NewsRadar

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.

   


Motorola to extend wireless broadband capabilities through acquisition of Orthogon Systems


SCHAUMBURG, Ill. 18 April 2006 – Motorola, Inc. (NYSE: MOT) today announced that it has signed a definitive agreement to acquire Orthogon Systems, a privately held, leading provider of high-performance fixed wireless solutions. The addition will expand the MOTOwi4 portfolio of IP, wireless broadband solutions. Terms of the transaction were not disclosed. The acquisition, which is subject to regulatory and other customary conditions, is expected to close in the first half of 2006.

Orthogon's industry leading expertise in wireless Ethernet connectivity is highly strategic to Motorola’s rapidly growing wireless broadband business. A pioneer in intelligent OFDM-based, wireless IP, point-to-point transmission solutions, Orthogon has developed and successfully marketed innovative, software-defined Ethernet bridges. With this acquisition Motorola will enhance its OFDM capability and broaden the support of its MOTOwi4 wireless broadband offerings -- including WiMAX, Mesh Solutions and Canopy products -- and accelerate the growth of its existing wireless IP access business. Motorola expects to advance Orthogon core technology to build it into a series of future products.

Orthogon, headquartered in Ashburton, England, is known for delivering true non-line of sight and reliable connectivity in the most challenging environments. The Company has an impressive portfolio of products and technologies including its award-winning wireless Ethernet bridges that are renowned for their high performance, security, and ease of installation and management. Since July 2003, Orthogon has installed thousands of wireless links, successfully connecting disparate networks within corporate enterprises, service providers and municipalities in 53 countries worldwide.

'Orthogon is at the forefront of innovation in wireless OFDM point-to-point solutions and is highly complementary to Motorola’s MOTOwi4 wireless broadband capabilities,' said Greg Brown, President, Motorola’s Networks and Enterprise business. 'Orthogon products and technologies will advance Motorola’s vision of seamless mobility by providing customers with easy, uninterrupted access to communication and information. By combining Orthogon’s expertise and best-in-class product portfolio with Motorola’s strength in product and technology development, we are confident that Motorola will be a stronger competitor with a broader product portfolio and enhanced prospects for continued growth and success.'

'This is an outstanding transaction for our company and we look forward to taking our solutions to the next level as part of Motorola,' said Philip Bolt, President and CEO of Orthogon. 'Motorola is at the forefront of mobile communications and wireless broadband technology, making it the ideal partner for Orthogon. This combination creates exciting future growth opportunities for Orthogon, our customers and our employees and we look forward to joining the Motorola team.'

Motorola has an existing minority equity investment in Orthogon, which was driven by its venture capital arm, Motorola Ventures. In addition, Motorola has been a distributor of Orthogon’s products through its Canopy business since 2004.


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 get and stay connected 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 $36.8 billion in 2005. For more information about our company, our people and our innovations, please visit www.motorola.com.


About Orthogon
Orthogon Systems is a leading provider of high-performance fixed wi


Publisher Contact Information:

Orthogon Systems
+1 703-830-1912
dava.curtin@orthogonsystems.com

Company profile of Orthogon Systems (Acquired by Motorola)
Past press releases of Orthogon Systems (Acquired by Motorola).

Data


25,720
Tech investments
From our Online Data Service
16,652
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
May 17€4.0MBiopharmaceuticals
May 16€15.0MPayment software
May 16€4.0MInternet services
May 16€80.0MConsumer electronics
May 16€6.3MImaging
May 16€13.0MInternet services
May 16€34.5MBiotechnology

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


Apr 29
Nethone
nethone raised over $1 million from innovation nest

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

Jan 2
Urban Jungle
urban jungle raises £1m in seed funding to build tech-enabled home ...

Aug 17
Komed Health
komed health closes seed financing round





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.