| By Virtualization News | Article Rating: |
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| May 19, 2008 01:30 PM EDT | Reads: |
8,138 |
Motorola through Motorola Ventures, its strategic venture
capital arm, announced it made an equity investment in VirtualLogix, a maker of
virtualization software for communications devices and infrastructure
equipment. Financial terms of the investment were not disclosed.
VirtualLogix specializes in real-time virtualization—an innovative technology
that is shaping the future for communications devices and equipment. Their
technology enables the mobility of applications from the desktop to devices,
improves quality of service and security in an open mobile world, and will
enable a new generation of dynamic individual user experiences.
“As the mobile eco-system grows increasingly complex, demand for simplified
product designs that allow dynamic mobile experiences to run
across multiple platforms will intensify,” said Reese Schroeder, managing
director, Motorola Ventures. “Virtualization offers a solution to this
complexity. Our investment in VirtualLogix will help accelerate the delivery of
their technology to next-generation communications devices and infrastructure
equipment.”
“As virtualization moves out from the datacenter and into everyday front-end
connected devices, our connected world will require the delivery of efficient,
secure and customizable user experiences,” said Peter Richards, CEO of
VirtualLogix. “To meet this demand, leading electronics manufacturers are
looking to leverage the VirtualLogix technology to create products with
improved security, manageability and customization.”
Motorola joins VirtualLogix’s current investors Atlas Venture, Cisco Systems,
DFJ Esprit, Index Ventures, Intel Capital and Texas Instruments.
For more information on VirtualLogix contact, Elizabeth Nelson ENelson@schwartz-pr.com at Schwartz Communications.
Published May 19, 2008 Reads 8,138
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