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Telecom & Wireless

Motorola Tries To Find Shinola in Virtualization (MOT)

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By Douglas A. McIntyre Updated Published
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Motorola, Inc. (NYSE: MOT) is making an investment through Motorola Ventures, which is its strategic venture capital arm.  The company has decided to go after the virtualization field and has announced that it made an equity investment in VirtualLogix.

VirtualLogix is a maker of virtualization software for communications devices and infrastructure equipment.  The good news is that Motorola is following the lead of other topfirms.  Cisco Systems, Inc. (NASDAQ: CSCO), Intel Corp. (NASDAQ: INTC),and Texas Instruments (NYSE: TXN) are all listed as some of the backerson the VirtualLogix site. 

Unfortunately there is no way to know if this was a big transaction or not as the financial terms of the investment were not disclosed.  Motorola Ventures represents a diversified portfolio with a typical investment ranging from $3 million to $5 million.

Either way, it will end up being a small drop in the bucket for a company the size of Motorola.  One investment in a hot sector is not going to garner much attention.  It also isn’t likely to make a dent in the major issues facing Motorola.

You can join our open email distribution list to hear about other key financings, secondary offerings, IPO’s, and other special situation previews.

Jon C. Ogg
April 21, 2008

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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