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.
“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.”
4Home delivers connected home services through its carrier-grade software platform, ControlPoint. 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 partners to develop on top of it and reach the growing demand for connected devices in the home.
“As part of Motorola Mobility, the 4Home team will continue to increase the adoption of our award-winning connected home services platform by tapping into new business segments, such as cable, as well as adding significant resources to support our current customers and partners,” said Leon Hounshell, president and CEO of 4Home. “We’re excited to become a part of Motorola Mobility, a premier innovator in communications, and look forward to leveraging our team’s expertise to make meaningful contributions to the business.”
4Home will be part of Motorola Mobility, which includes Motorola Devices and Home businesses. Motorola Mobility will be splitting off into a separate entity in early January.
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