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Motorola Mobility Announces Intent to Acquire Dreampark

This morning, Motorola Mobility announced that it has signed a definitive agreement to acquire Dreampark, a leading IPTV software provider based in Norrköping, Sweden. The acquisition is expected to close in the second quarter of 2011. Terms of the transaction were not disclosed but the Dreampark portfolio is expected to be integrated into the Motorola Medios service management software suite.

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.

To learn more, click here for the press release.

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