Motorola Solutions in talks to acquire Airwave for $1.6 bn

Motorola Solutions is in talks to acquire Airwave Solutions, a U.K. communication services provider, for $1.6 billion, Bloomberg reported.

The strategy of Motorola Solutions is to build out its software and services business. Airwave, based in Slough, England, provides a communications network for the U.K.’s emergency fire, police and ambulance services.

In August, Schaumburg, Illinois-based Motorola announced a $1 billion investment from Silver Lake Management to finalize strategic partnerships and acquisitions.

The communications equipment maker failed to find a buyer earlier this year after seeking to drum up interest from private-equity funds and large industrial companies, people with knowledge of the matter said in April.

Macquarie Group acquired Airwave in 2007 for 1.9 billion pounds.

editor@infotechlead.com

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Telcos Turn to AI-Powered Insurance as ARPU Growth Stalls, Boosting Customer Loyalty and New Revenue Streams

Telecom operators are increasingly expanding into insurance services as...

Tele2 Cuts Capex 26 Percent in Q2 2026 While Accelerating 5G, Spectrum and Sovereign Cloud Investments

Tele2 has reduced capital expenditure during the second quarter...

Tele2 Q2 2026 Revenue Rises to SEK 7.39 bn as ARPU Growth, Cost Discipline, AI and Digital Investments Drive Performance

Tele2 has reported solid financial and operational performance for...