Motorola buys Orthogon Systems; The Carlyle Group and Atlas Venture agrees to sale of Orthogon Systems.

0 Comments | M2 Presswire, April, 2006

M2 PRESSWIRE-19 April 2006-Carlyle Group: Motorola buys Orthogon Systems; The Carlyle Group and Atlas Venture agrees to sale of Orthogon Systems(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:19042006 Private equity firms The Carlyle Group and Atlas Venture today announced that they have entered into a definitive agreement to sell Orthogon Systems to Motorola, Inc.

Financial terms of the transaction were not disclosed. Orthogon designs highly available, highly reliable wireless Ethernet bridges that provide point-to-point broadband connections in environments where traditional wireless broadband solutions fail to perform. Orthogon's products enable enterprises, municipalities, government agencies, schools, and hospitals, as well as internet service providers,...