Motorola Solutions

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Motorola Solutions, Inc.
TypePublic
NYSE: MSI
S&P 500 Component
IndustryTelecommunications equipment
PredecessorMotorola, Inc.
FoundedJanuary 4, 2011; 10 years ago (January 4, 2011)
HeadquartersChicago, Illinois, U.S.
Key people
Greg Brown (Chairman and CEO)
ProductsMission-critical communications equipment, command center software and video security & analytics, managed & support services
RevenueDecrease US$7.41 billion (2020)[1]
Increase US$1.58 billion (2019)[2]
Decrease US$868 million (2019)[2]
Total assetsIncrease US$10.64 billion (2019)[2]
Number of employees
18,000[3] (2020)
SubsidiariesAirwave Solutions
Avigilon
Websitewww.motorolasolutions.com

Motorola Solutions, Inc., is an American data communications and telecommunications equipment provider that succeeded Motorola, Inc., following the spinoff of the mobile phone division into Motorola Mobility in 2011. The company is headquartered in Chicago, Illinois.[4]

History[]

Main article: Motorola

Motorola Solutions began trading as a separate independent company on January 4, 2011, under the NYSE symbol MSI.[5] It is the legal successor of the old Motorola, Inc. (founded in 1928);[citation needed] the transaction was structured so the old Motorola changed its name to Motorola Solutions and spun off Motorola Mobility as a separate company.[citation needed] Motorola Solutions retained the old Motorola's pre-2011 stock price history, though the old Motorola's ticker symbol MOT was retired.[citation needed]

The company produces and sells communications products and services to public safety and government agencies (law enforcement, fire, emergency medical services, and national government security) as well as private entities in verticals including utilities, mining, energy, manufacturing, hospitality, retail, transportation, and logistics.[citation needed]

After the split, Motorola Solutions comprised the previous Government and Public Safety division of Motorola, Inc., the enterprise mobility management division, and the cellular infrastructure group.[citation needed]

Chinese telecommunications company Huawei and Motorola Solutions settled their intellectual property disputes in July 2010.[6] In July 2010, Motorola Solutions announced the sale of its cellular infrastructure business to Nokia Siemens Networks.[citation needed] The acquisition was subsequently completed on April 29, 2011, for $975 million in cash.[7] As part of the transaction, approximately 6,900 employees transferred to Nokia Siemens Networks. In the former Motorola parent company, it was the cellular infrastructure business was the second-largest division by revenue.[citation needed]

Post Split[]

On October 27, 2014, Motorola Solutions sold its Enterprise business to Zebra Technologies for $3.45 billion in cash.[8] As part of the sale, approximately 4,500 Motorola Solutions employees from locations throughout the world were transferred to Zebra. A large majority of this business was formerly Symbol Technologies, which Motorola, Inc. acquired in 2007.[9]

In August, 2015, the company received a $1 billion investment from the private equity firm Silver Lake Partners,[10] enabling a stock buyback and providing Silver Lake with two board seats.[11]

In December, 2015, the company announced that it would acquire Airwave Solutions, the UK based operator of the British public safety radio network servicing the police, fire and ambulance services across England, Scotland and Wales.[12] The company completed the acquisition on February 19, 2016.[13]

Beginning in March 2017, Motorola Solutions filed a series of lawsuits against China-based two-way radio manufacturer Hytera in the United States, Germany and Australia, as well as with the United States International Trade Commission (USITC).[14][15][16][17][18] The complaints allege that Hytera is intentionally infringing on patents owned by Motorola Solutions and utilizing trade secrets stolen by three former Motorola Solutions employees who left to join Hytera.[19] Motorola Solutions is seeking to stop Hytera from selling and importing its devices in these countries. In April 2017, the USITC announced that it had decided to institute an investigation into Hytera's trade practices.[20]

In August 2017, Motorola Solutions announced it completed the acquisition of Kodiak Networks,[21] a privately held provider of broadband push-to-talk (PTT) for commercial customers.

In December 2017, two-way radio manufacturer Hytera filed antitrust litigation against Motorola Solutions in alleging that Motorola is engaging in anti-competitive practices that are unlawful under the Sherman Act and Clayton Act. Hytera's complaint alleges that Motorola Solutions prevents Hytera from competing in the U.S. marketplace by enforcing inflated prices and engaging in a monopolistic scheme that includes forcing LMR dealers to drop Hytera's products.[22]

In March 2018, Motorola Solutions acquired Avigilon for about $1 billion.[23]

In March 2018, Motorola Solutions acquired Plant Holdings, Inc., which holds the Airbus DS Communications business, from Airbus Defense and Space, Inc., an indirect subsidiary of Airbus SE.

In January 2019, the company acquired Livermore, California-based VaaS International Holdings, and its subsidiary, license plate reading technology company Vigilant Solutions, for $445 million.[24]

In July 2019, the company acquired WatchGuard Inc.[25]

In July 2020, the company acquired IndigoVision.[26]

In August 2020, the company acquired Pelco Inc. A California-based Video Security company for $110M in cash from Transom Capital. Pelco was previously a Schneider Electric brand.[27]

In September 2020, the company acquired Polaris Networks, a global wireless technologies solutions provider.[28]

In July 2021, the company acquired Openpath Security Inc., a cloud-based, mobile access control provider, for an undisclosed sum.[29][30]

Products[]

A Motorola Talkabout T40 consumer radio

Motorola Solutions manufactures two-way radios and public radio systems for first-responders and law enforcement.[31] It also provides software packages for command centers, mapping and drone surveillance.[32] Apart from radios, it manufactures body cameras under the Watchguard Video brand and security surveillance under the Avigilon brand. On 3 August MSI acquired California based Video Security brand Pelco for US$110M in cash.[27] With this acquisition Motorola Solutions now has 3 Video Security brands under the Video Security and Analytics business. Avigilon, Pelco and IndigoVision [33][34]

Motorola also manufactures push to talk LTE devices under the LTE LEX line.[35][36] The LEX series runs on Android.[37]

See also[]

References[]

  1. ^ "Motorola Solutions Reports Fourth-Quarter and Full-Year Financial Results". newsroom.motorolasolutions.com. Motorola Solutions, Inc. February 4, 2021. Retrieved May 12, 2021.
  2. ^ Jump up to: a b c "Motorola Solutions Inc 2019 Annual Report Form (10-K)" (PDF). investors.motorolasolutions.com. Motorola Solutions, Inc. February 16, 2019. Retrieved February 15, 2020.
  3. ^ "Company Fact Sheet, Motorola Solutions, Inc" (PDF).
  4. ^ Channick, Robert. "Motorola Solutions moving headquarters, 800 jobs to Chicago". chicagotribune.com.
  5. ^ "2017 Form 10-K, Motorola Solutions, Inc" (PDF). Motorola Solutions Inc. Archived from the original (PDF) on 2019-01-08. Retrieved 2018-05-21.
  6. ^ "Huawei declares truce with Motorola". Financial Times. 2011-04-14. Retrieved 2019-12-14.
  7. ^ "Nokia Siemens Networks completes acquisition of certain wireless network infrastructure assets of Motorola Solutions". newsroom.motorolasolutions.com. Retrieved 2016-06-03.
  8. ^ "Zebra Technologies Completes Acquisition of Motorola Solutions' Enterprise Business". MotorolaSolutions.com. Retrieved 2014-10-27.
  9. ^ Belson, Ken (2006-09-19). "Motorola to Buy Symbol Technologies for $3.9 Billion". The New York Times. ISSN 0362-4331. Retrieved 2020-09-01.
  10. ^ "Motorola Solutions gets $1B investment 'accelerant'".
  11. ^ "MSI earnings conference call or presentation 4-Nov-15 1:30pm GMT".
  12. ^ "Motorola Solutions to acquire UK-based Airwave for $1.2 billion".
  13. ^ "Motorola Solutions Completes Acquisition of Airwave".
  14. ^ "Motorola Solutions Files Patent Infringement and Trade Secret Misappropriation Complaints Against Hytera Communications".
  15. ^ "Motorola Solutions Files Patent Infringement Complaint with U.S. International Trade Commission Against Hytera Communications".
  16. ^ "Motorola Solutions Files Patent Infringement Complaints in Germany Against Hytera Communications and Hytera Mobilfunk".
  17. ^ "Motorola Solutions Files Additional Patent Infringement Complaints in Germany Against Hytera Communications and Hytera Mobilfunk".
  18. ^ "Motorola Solutions Files Proceedings in Australia Against Hytera Communications and Hytera Communications (Australia) Pty Limited".
  19. ^ "Motorola Solutions sues Hytera Communications for using stolen patents, trade secrets".
  20. ^ "U.S. ITC to Begin Investigation into Motorola's Complaint Against Hytera".
  21. ^ "Motorola Solutions to Expand Push-to-Talk Mobile Offerings with Kodiak Networks Acquisition".
  22. ^ "New Hytera Lawsuit Accuses Motorola of Anticompetitive Practices in U.S."
  23. ^ "Motorola Solutions closes deal with Avigilon video-solution provider". IWCE's Urgent Communications. March 30, 2018. Retrieved June 20, 2018.
  24. ^ "Motorola buys Livermore license-plate recognition company for $445 million". bizjournals.com. 2019-01-07. Retrieved 2019-01-14.
  25. ^ "Motorola Solutions Acquires WatchGuard, Inc., Leader in Mobile Video for Public Safety".
  26. ^ "Motorola Solutions Acquires IndigoVision, UK-Based Provider of End-to-End Video Security Solutions | Motorola Solutions". newsroom.motorolasolutions.com. Retrieved 2020-09-04.
  27. ^ Jump up to: a b https://www.pelco.com/motorola-solutions-acquires-pelco/
  28. ^ "Polaris Networks Company Overview". www.polarisnetworks.net. Retrieved 2021-01-17.
  29. ^ "Motorola Solutions to Acquire Cloud-Based Mobile Access Control Provider Openpath" (Press release). Openpath, Inc. 2021-07-13. Retrieved 2021-07-13.
  30. ^ Honovich, John; Rhodes, Brian (2021-07-13). "Motorola Solutions Acquires Openpath". IPVM. Retrieved 2021-07-13.(Subscription required.)
  31. ^ Porter, Jon (28 October 2019). "The iconic Motorola walkie-talkie is entering the smartphone age". The Verge. Retrieved 7 April 2020.
  32. ^ "Motorola Solutions Announces Mapping, Analytics Enhancements to CommandCentral Aware Software". GISuser.com. 12 April 2019. Retrieved 7 April 2020.
  33. ^ "Motorola Solutions Acquires WatchGuard, Inc., Leader in Mobile Video for Public Safety". www.bloomberg.com. 11 July 2019. Retrieved 7 April 2020.
  34. ^ Team, Trefis. "How Is Motorola Solutions' Avigilon Acquisition Faring So Far?". Forbes. Retrieved 7 April 2020.
  35. ^ "Motorola to Power SFR's Push-to-Talk Service Across France". finance.yahoo.com. 16 January 2020. Retrieved 17 April 2020.
  36. ^ Jackson, Donny (7 March 2018). "Motorola Solutions unveils new mission-critical LTE smartphone – Urgent Comms". urgentcomm.com. Retrieved 17 April 2020.
  37. ^ Ziegler, Chris (6 November 2014). "In an alternate universe, Motorola is making weird Android phones for cops". The Verge. Retrieved 18 April 2020.

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