Motorola today announced that it has completed its acquisition of Netopia, Inc. The transaction has a total equity value of approximately $208 million on a fully-diluted basis.
Netopia is a leader in providing carrier-class broadband customer premise equipment (CPE), remote management software, and services to telecom operators worldwide. The company provides a full portfolio of products designed for DSL networks, including wired and wireless modems, routers, and gateways. The company's products deliver voice, video, data, and other advanced services to residential and business customers.
Netopia today announced that it has signed a distribution agreement with EMBARQ Logistics, the deployment, distribution, and logistics division of Embarq Corporation.
EMBARQ Logistics will offer all of Netopia’s products -- including the 2200 series cost-optimized gateways, 3300 series performance-optimized gateways, the MiAVo triple-play gateways, the NBBS physical layer management platform, and the eCare application layer customer care solution. Embarq will offer these products to North American network service providers to help provide the successful deployment and management of competitively differentiated broadband networks.
The agreement expands Netopia’s access to the IOC (independent operating company) community as these carriers face new competitive threats from cable and wireless providers.
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