US-based phone maker Motorola rather than phone operator Verizon agrees 4Home purchase.
US-based phone maker Motorola’s Mobility subsidiary has agreed to acquire 4Home, a local developer of connection services between people and their domestic products, less than a year after the target agreed its series B round from phone operator Verizon Communications.
Motorola Mobility, which is expected to separate from the enterprise division of the company next year, did not disclose the purchase price for 4Home.
Verizon Ventures, the corporate venturing division of Verizon, was the strategic investor in 4Home in September…
