Motorola acquires data services firm

Motorola has agreed to acquire privately held Leapstone Systems, an Investrend report said.
However, terms of the deal were not disclosed, the report said.

Somerset, New Jersey-based Leapstone is a communications software developer that provides a unified platform for creating, managing and delivering converged video, voice and data service bundles across multiple networks and devices, the report said.

The deal is subject to customary closing conditions, including the approval of Leapstone Systems stockholders, and is currently expected to be completed in the third quarter of 2007, the report further said.

Schaumburg, Illinois-based Motorola makes wireless handsets and other tech products, and had sales of $42.9 billion in 2006, it added.

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