Motorola Completes Acquisition of Quantum Bridge Communications®

HORSHAM, Pa. – 4 May 2004 -- Motorola, Inc. (NYSE: MOT) today announced that the company has finalized its recently announced acquisition of Quantum Bridge Communications®, Inc., a leading provider of Fiber to the Premises (FTTP) solutions based in Andover, Massachusetts. Motorola acquired the privately held company in an all cash transaction. Additional terms of the agreement were not disclosed.

This acquisition complements Motorola’s existing multiservice technology, enhancing the company’s ability to offer a full-service access platform that broadband network operators can deploy today to deliver ”triple play” and next-generation advanced services. Customers will be able to leverage Motorola’s proven heritage in digital video headend technology – already deployed and serving customers in over 2,060 systems worldwide – in addition to transport infrastructure, conditional access, and “connected home” consumer premise equipment.

Motorola plans to integrate Quantum Bridge’s field-proven passive optical networking (PON) and carrier-class switching technology into its suite of network infrastructure solutions. The acquisition further enhances Motorola's market position in the end-to-end delivery of broadband technology.

About Quantum Bridge Communications

Quantum Bridge Communications, headquartered in Andover, Mass., is a leading provider of Fiber to the Premises, including Fiber to the Home and Fiber to the Business, solutions designed to address the bandwidth bottlenecks in today's access networks. The Quantum Bridge product family has been designed to meet the stringent network requirements of service providers. For more information about Quantum Bridge, visit www.quantumbridge.com.

More about Motorola: www.motorola.com/

Citation: Motorola Completes Acquisition of Quantum Bridge Communications® (2004, May 5) retrieved 24 April 2024 from https://phys.org/news/2004-05-motorola-acquisition-quantum-bridge.html
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