Motorola to scoop up Modulus

Motorola announced today its intent to acquire Modulus, a video compression and encoding company, for an undisclosed amount. The news is particularly noteworthy given Motorola's recent launch of the Z6 handset, which CEO Ed Zander billed as a "media monster," because it can stream 30 frames per second and will come with at least one movie, The Bourne Identity, on an SD card. The Modulus acquisition will also pay dividends for its IPTV initiatives, and follows complementary acquisitions of Broadbus, Kreatel, Tut Systems and Netopia.

For more on Motorola's Modulus buyout:
- read this article from CNET