Motorola Mobility today announced that it has signed a definitive
agreement to acquire 4Home, Inc., a developer of a patented
software and services platform that bridges the gap between the
consumer and the devices that deliver services and information in
today's connected home.
Terms of the transaction were not disclosed. The acquisition,
which is subject to customary closing conditions, is expected to
close by the end of the year.
4Home delivers connected home services through its carrier-grade
software platform, ControlPoint. These services include energy
management, home security and monitoring, media management and
home health. ControlPoint is based on a customizable design,
using open standards that allow Motorola's partners to develop
new services for consumers that utilize the growing number of
connected devices in the home.
"At Motorola Mobility, we continue to invest in our converged
experiences portfolio, and 4Home provides a wealth of services
and software applications that offer consumers control and
information for their digital lives," said Dan Moloney,
president, Motorola Mobility. "The addition of the 4Home
portfolio helps expand our vision of converged experiences in the
home and beyond."
The acquisition will strengthen Motorola's plans to combine
hardware and cellphone technology to allow consumers to view any
content anywhere on different devices in the next five years.
The company is expected to showcase a streaming product at the
Consumer Electronics Show early next year, which will initially
send video to devices being used within the home.
The product was announced at the Reuters Global Media Summit.