Cisco has announced its intent to acquire privately held MOTO Development Group, a design consulting firm that develops products and product strategies for the consumer industry. Based in San Francisco, MOTO’s talent base will enable Cisco to rapidly enhance its consumer product development road map.

"Consumers have embraced our Flip Video, Valet and Linksys product lines because they deliver on the promise of making video and home networking simple, affordable and fun," said Jonathan Kaplan, SVP and GM of Cisco consumer products, in a statement.

MOTO brings to Cisco a team of more than 35 consultants in the consumer product industry. Financial terms of the transaction are undisclosed. The acquisition is subject to various standard closing conditions and is expected to be complete in the fourth quarter of Cisco’s fiscal year 2010.  Upon the closing of the acquisition, MOTO employees will become part of the Cisco consumer products team led by Kaplan.

The Daily

Subscribe
Wednesday–May 12

TiVo Wins MobiTV Auction

TiVo was designated the successful bidder Wednesday in the bankruptcy auction for IPTV vendor MobiTV , beating out Amino , Roku and patent license firm RPX . TiVo’s $18.5

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jun 10
The FAXIES Awards – Virtual CelebrationSave the Date! - June 10, 2021
Jul 16
Diversity List – 2021 Nominations Due: July 16, 2021
Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.