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Motorola boosts TV tech with Terayon buy

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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Apr 23, 2007, 09:50 PM   #1
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Motorola boosts TV tech with Terayon buy
Source: News.com
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Motorola said Monday that it will pay $140 million in cash to buy Terayon Communication Systems, a supplier of digital television software and equipment.

Motorola will acquire all of the outstanding shares of Terayon's common stock for $1.80 per share in cash.
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