Motorola on Wednesday announced that it has completed its acquisition of Netopia, the company that develops Timbuktu Pro, the popular remote control software for Mac OS X and Windows. The transaction is valued at $208 million.
Motorola announced plans
to acquire Netopia. The company planned to use Netopia to provide media hubs, voice gateways and IP-based set tops. Motorola also said it would use Netopia to pursue IPTV opportunities.
“We commit to completing this integration without disruption to our customers and will keep you informed of any enhancements we make to our product lines or customer service models,” said the company in a statement. Motorola directs users to keep checking the
Web site for further information.