Monday, April 2, 2007

Motorola Completes Acquisition of Tut Systems

Motorola has completed its $39M acquisition of Lake Oswego, Oregon-based Tut Systems, the firm said today. The deal was originally announced in December. Tut Systems is a provider of content processing and distribution products for the cable and broadband market. Motorola said that the acqiusition will expand Motorola's ability to help service providers deploy advanced video services over IP, ATM, or RF-based networks.