Motorola is close to acquiring Zecter, the Y Combinator-backed developer of cloud storage and streaming applications ZumoDrive and ZumoCast, according to sources familiar with the matter. We hear that the deal will close this year and will likely be the last acquisition before Motorola Mobility, which is comprised of Motorola?s Mobile Devices and Home businesses, and Motorola splits into two divisions in January. According to sources, Motorola Mobility will be the entity that will be absorbing Zecter. So why would Motorola want Zecter? The startup has a number of compelling cloud storage products that have steadily gained traction amongst users. Zecter's ZumoDrive offers a simple cloud storage and syncing service with a slight twist. Similar to other storage services, Zumodrive creates a drive on your device that is synced to the cloud. But service includes a slightly different twist-ZumoDrive tricks the file system into thinking those cloud-stored files are local, and streams them from the cloud when you open or access them.
MISCROSOFT OFFICE MICROSOFT MICROSEMI MICROS SYSTEMS MICRON TECHNOLOGY
