Motorola acquires Dahua Digital
February 26, 2008
Communications equipment maker Motorola has acquired the assets of two Chinese firms in the digital cable set-top sector, as it seeks to expand its product range in China. Motorola has bought Zhejiang Dahua Digital Technology and Hangzhou Image Silicon, known collectively as Dahua Digital. It did not disclose financial details.
Dahua Digital is a privately held, developer, manufacturer, and marketer of cable set-top boxes and related low-cost integrated circuits for the emerging Chinese cable business. Simon Leung, president of Motorola Asia Pacific, commented: “130 million Chinese households currently subscribe to cable, and as customers make the transition from traditional analogue solutions to digital cable, digital cable subscriptions in China are expected to grow from 10 million in 2006 to over 165 million by 2016.”