Tuesday, November 6, 2007

Motive Hires Investment Banker

Motive Inc., a publisher of service management software for broadband and mobile data services, reported Tuesday that it has hired Thomas Weisel Partners to evaluate Motive's prospects for sale. Motive said that Thomas Weisel will help the firm to evaluate its strategic options. The Austin-based company’s products help landline, wireless, cable and satellite operators deliver IP-based services, including voice, video and data integration. Headquartered in San Francisco, Thomas Weisel Partners is an investment bank that specializes in the technology, health care and consumer sectors.