Reported 1 day ago
Motorola Solutions plans to acquire Silvus Technologies, a wireless-radio manufacturer, for $4.4 billion to enhance its communications segment amid growing market demand and geopolitical tensions. The deal, which is expected to close later this year, includes a potential earn-out for Silvus based on future performance. Founded in 2004, Silvus produces advanced communication systems and has integrated AI into its operations, aligning with Motorola's strategy to improve its emergency response technologies.
Source: YAHOO