Friday, December 22, 2006

Motorola gains video tech with Tut acquisition | CNET News.com

"Motorola and Tut Systems, a maker of digital video technology, have signed a merger agreement, both companies announced Thursday. As part of the agreement, Motorola will acquire Tut as a wholly-owned subsidiary and it will become part of its Motorola Connected Home Solutions business. The terms of the deal include outstanding shares of Tut common stock at $1.15 per share, totaling $39 million. "

1 comment:

Anonymous said...

Bush failures, continued:

Covering up torture at Abu Ghraib
Breaking the Geneva Conventions
Appointing extreme right-wing Supreme Court Justices John Roberts and Samuel Alito
Forcing the Patriot Act into law
Firing federal prosecutors who failed to accuse Democrats of voting fraud
Turning a budget surplus into massive budget deficit
Letting more than a million homes go into foreclosure—the highest rate ever recorded
Watching as bank failures surge
Setting the record for most days on vacation by any president in U.S. history
Losing 2.7 million manufacturing jobs
Presiding over Enron scandal—the largest bankruptcy in U.S. history
Increasing nuclear threat by withdrawing from Anti-Ballistic Missile Treaty with Russia
Appointing John Bolton as U.N. ambassador despite his promise to dismantle the U.N.
Holding secret meetings with Exxon Mobil, Conoco, Shell, and BP to set energy policy
Letting gas prices double while resisting fuel efficiency and clean energy
Pushing to drill in the Arctic National Wildlife Refuge and off our coasts