Motorola Buys RiverDelta

Has finalized its recently announced acquisition of RiverDelta Networks Inc.

October 16, 2001

1 Min Read

HORSHAM, Pa. -- Motorola, Inc. (NYSE: MOT) announced today that it has finalized its recently announced acquisition of RiverDelta Networks, Inc., a leading provider of carrier-class broadband routing, switching, cable modem termination system (CMTS), and service management solutions. As was previously announced, Motorola acquired all of RiverDelta Networks' capital stock in exchange for shares of Motorola's common stock. "With the completion of Motorola's acquisition of RiverDelta Networks, we can now offer our customers a carrier-class, integrated routing and CMTS solution to address broadband access and metro networking requirements and enable them to be among the first to capitalize on the new opportunities arising with the delivery of enhanced IP services. By taking advantage of our advanced technologies and shared customer focus, Motorola's newly combined Network Infrastructure Solutions business is able to deliver best-in-class, intelligent, affordable, advanced IP network infrastructure solutions," said Sherlock.Motorola Inc.

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