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Monday, August 20, 2007

Motorola Completes Acquisition of Leapstone Systems

Motorola, Inc. has completed the acquisition of privately-held Leapstone Systems, Inc. Leapstone is a leading communications software developer that provides a unified platform for rapidly creating, managing and delivering converged video, voice and data service bundles across multiple networks and devices. Terms of the transaction were not disclosed.

Leapstone flagship Communications Convergence Engine (CCE) product suite is a real-time service delivery platform that enables fixed and mobile network operators to expand and evolve their service offerings through its powerful Service Broker and Content Manager software products. Leapstone has a proven commercial track record of success and counts some of the world’s leading service providers as its customers.

As of today, Leapstone becomes a part of Motorola’s Home & Network Mobility business.

The two companies announced a definitive merger agreement on July 10, 2007.

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