Moto snaps up Netopia

James Middleton

November 14, 2006

1 Min Read
Telecoms logo in a gray background | Telecoms

The world’s second largest mobile phone manufacturer, Motorola, said Tuesday it had agreed to buy broadband home network equipment provider Netopia in a deal worth about $208m (£109.8m).

Moto has been in shopping mode of late: last week it bought email firm Good for an undisclosed sum. In September the company agreed to buy rugged handset maker, Symbol Technologies, for $3.9bn.

It also bought video technology developer Vertasent LLC in September and in July said it was buying video-on-demand technology firm, Broadbus Technologies.

In a statement, Motorola said the deal with Netopia was subject to regulatory approval and is expected to complete early next year.

About the Author

James Middleton

James Middleton is managing editor of telecoms.com | Follow him @telecomsjames

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