Motorola Completes Modulus Buy

Motorola completed the acquisition of privately held Modulus Video, a provider of video-compression systems designed for Internet-protocol-TV providers, for an undisclosed sum.

Under the terms of the deal, announced May 17, Modulus will become a wholly owned subsidiary and integrated into Motorola’s Home and Networks Mobility business. Motorola intends to maintain Modulus’ operations in Sunnyvale, Calif.

Modulus, with about 57 employees, provides MPEG-4 Advanced Video Coding compression systems. Its customers include AT&T, Bell Canada and CenturyTel.