Motorola Buys Cloud Storage Startup
Telecom giant Motorola is getting into the cloud storage game with the purchase of Y Combinator-backed cloud storage and cloud streaming company Zecter.
The three-and-a-half-year-old Zecter is best known for its ZumoDrive and ZumoCast services, which let users store and stream files to and from servers on the Internet, AKA “the cloud” of data.
Motorola did not say how much they paid for Zecter, but they bought the whole shebang; acquiring not only Zecter’s products, but also its founder David Zhao, who developed applications for Amazon.com
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