Friday, November 17, 2006

Netopia Eaten by MOTO

  1. Motorola will acquire Netopia for about $208 million in cash.
  2. Netopia reported more than $113 million in revenue for its 2006 fiscal year.
  3. “This acquisition makes perfect sense, as we believe Netopia would otherwise have ended up in Cisco's or Netgear's arms,”
  4. When the acquisition closes early next year, Netopia will become part of Motorola’s Connected Home Solutions business
  5. Motorola bought Good Technologies a few days ago.

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