Motorola was an investor and customer; now, it's an owner: Motorola will close the deal for an undisclosed amount to purchase MeshNetworks this quarter. MeshNetworks is a pure mesh firm, making cards, access points, and other devices that allow networks without central hubs. Motorola had invested in the firm through its venture arm, and distributes and licenses MeshNetworks software and hardware.
Motorola earlier purchased XtremeSpectrum, an early ultrawideband firm. The UWB assets became part of Freescale, Motorola's semiconductor spinoff. Freescale becomes fully independent Dec. 2 when Motorola distributes Freescale stock to Motorola shareholders and removes its outstanding majority ownership of Freescale.