Motorola acquires Sendo
Well, not all of it, but Motorola has just announced that it is acquiring "key assets" from Sendo Ltd. What it’s actually purchasing is the Brit company’s UK- and Singapore-based research and development team as well as any of the design and test equipment that team may need. It will also be buying Sendo’s "intellectual property portfolio" which in effect means it will own 90 patents – 50 existing and 40 pending. The Sendo team is made up of around 200 engineers – with nearly 170 of those based in Birmingham and the rest based in Singapore. According to the release "Motorola will integrate the engineers into its Mobile Devices business while preserving the team’s focus on designing solutions that enable wireless operators to deliver value-added services to consumers." We’re told that "Motorola is not acquiring the larger business of Sendo Ltd. or any of its manufacturing or supply relationships, or any of its capital or real assets, handset inventories, sales offices, liabilities or financial obligations."