Tags: US | Motorola | SecureM

Motorola to Buy Digital Rights Management Firm

Thursday, 07 Jan 2010 02:54 PM

Cell phone maker Motorola Inc. said Thursday it had agreed to buy SecureM LLC, a developer of digital rights management software approved by movie studios and TV broadcasters.

Terms of the agreement were not disclosed.

The transaction is expected to close by the end of March.

SecureM will become part of Motorola's Home & Networks Mobility business, helping secure the distribution of digital entertainment over multiple platforms and devices, including set-top boxes, wireless handsets, computers and portable media players.

Motorola shares rose 6 cents at $8.03 in Thursday afternoon trading.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
1Like our page
2Share
Companies
Cell phone maker Motorola Inc. said Thursday it had agreed to buy SecureM LLC, a developer of digital rights management software approved by movie studios and TV broadcasters.Terms of the agreement were not disclosed.The transaction is expected to close by the end of...
US,Motorola,SecureM
90
2010-54-07
Thursday, 07 Jan 2010 02:54 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved