Ill. – Motorola (NYSE: MOT) announced on
Thursday that it will acquire the assets of SecureMedia, a developer of
software-based digital rights management (DRM) and security systems for
Financial details of the transaction were not disclosed.
in 1996, Massachusetts-based SecureMedia has to date raised over $4 million in
venture capital, and was acquired by MediaXstream for an undisclosed sum in
The company’s DRM technology has been approved by all the major
film studios and TV networks.
Motorola said that SecureMedia will become part
of its Home & Networks Mobility business.