Terayon Gets Cherry-Picked for $140M.(Motorola acquiring Terayon Communication Systems)

By Todd Spangler Continuing the quick clip of consolidation in the cable-equipment market, Motorola said it will acquire Terayon Communication Systems - developer of the CherryPicker digital-video processor - for about $140 million in cash. The deal, Motorola's fifth video or data acquisition in the last 10 months, came after Terayon said it resolved a comprehensive review of its accounting practices over the last year and a half. Terayon brings to Motorola proven technology for processing video on the edges of telecommunications networks. The Santa Clara, ...