Thursday, 19 June 2008

Alcatel-Lucent to Acquire Motive

Alcatel-Lucent has agreed to acquire Motive, provider of service management software for broadband and mobile data services, valued at 68.7 million.

The acquisition extends a three-year relationship between Alcatel-Lucent and Motive who jointly develop and sell remote management software solutions for automating the deployment, configuration and support of advanced home networking devices called residential gateways.

Today Alcatel-Lucent and Motive have more than 40 joint customers including AT&T, Verizon, BT, Vodafone Portugal and Swisscom.

Alcatel-Lucent also resells Motive’s solutions that help service providers seamlessly integrate voice, video and data into a single, connected experience by automating and remotely managing key customer touch points throughout the service lifecycle, across multiple services, networks and devices.

“This strategic combination is a natural evolution of our existing relationship and provides Motive the scale needed to meet the long-term needs of our customers,” said Alfred Mockett, Chairman and CEO, Motive.

“Alcatel-Lucent and Motive have a complementary worldwide footprint of customers and partners, and a history of working together to help ensure the success of our joint customers. With this acquisition, Motive gains access to capital, technology and people necessary to deliver on our commitments and ensure a secure future for our customers.”

Motive has 300 employees worldwide with R&D operations in Austin, Texas and Bangalore, India and will become part of Alcatel-Lucent’s Fixed Access Division, within the Carrier Business Group.

The transaction is expected to close by early in the fourth quarter of 2008.