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Motorola Solutions, Inc. (NYSE: MSI) is a global leader in mission-critical communications and analytics, providing essential products and services to public safety and commercial customers worldwide. The company specializes in seamless communication networks, applications, and services that deliver real-time information and situational awareness to first responders and other critical service providers.
Motorola Solutions' core business revolves around the sale of land mobile radios, radio network infrastructure, surveillance equipment, and dispatch software. These products are indispensable for public safety agencies, schools, hospitals, and a variety of private enterprises. The company prides itself on innovations that help professionals, such as firefighters and police officers, perform their duties effectively in critical moments.
Recent achievements include the acquisition of Silent Sentinel, a UK-based provider of rugged, long-range thermal cameras. This acquisition enhances Motorola's video security portfolio, bolstering its capabilities in extreme environments often associated with military, aviation, maritime, and critical infrastructure.
Financially, Motorola Solutions remains robust, with a significant portion of its revenue generated from government agencies and the remainder from private businesses and educational institutions. The company has a diverse customer base in over 100 countries and operates across every state in the United States.
To learn more about Motorola Solutions and its commitment to safer communities, visit www.motorolasolutions.com.
Motorola Solutions has integrated its Pronto mobile policing solution with INTERPOL's global criminal database, enhancing public safety for 4,500 officers in Surrey and Sussex Police. This integration allows immediate access to critical, real-time information on warrants, stolen property, and threats. The U.K.'s departure from the EU has increased reliance on INTERPOL for international crime data. The Pronto system, developed in the U.K., has been operational since 2009 and is now available to all customers without additional costs, aligning with data protection standards.
Motorola Solutions has inaugurated an innovation hub in Edinburgh, Scotland, aimed at enhancing its mobile video, security, and access control businesses. This move is part of a broader strategy to develop cloud-based evidence management software and body-worn cameras, positioning Scotland as a hub for engineering talent. The company has invested heavily in video security, acquiring several UK firms in recent years. The Edinburgh team is expected to drive advancements in safety and security, benefiting both local and international emergency services.
Motorola Solutions (NYSE: MSI) has announced a significant upgrade to Taiwan's National Police Agency with a new nationwide mission-critical communications network. The project, valued at USD 128 million, marks the most substantial modernization of Taiwan’s communication systems in almost two decades.
This four-year initiative will enhance public safety through advanced, digitally encrypted radio communications, facilitating improved interoperability and coverage for police and emergency services throughout Taiwan.
Motorola Solutions, Inc. (NYSE: MSI) announced the terms for its cash tender offer to purchase up to $275,000,000 of its 4.000% Senior Notes due 2024. The Total Consideration is set at $1,012.92 per $1,000 principal amount of Notes, reflecting a Reference Yield of 2.546%. The offer is open until 5:00 p.m. on May 31, 2022, with an Early Settlement Date on June 2, 2022. If the tendered amount exceeds the Maximum Amount, purchases will be prorated. Motorola retains the right to terminate the offer at any time before the expiration date.
Motorola Solutions (NYSE: MSI) announced early results from its cash tender offer for up to $275 million of its 4.000% Senior Notes due 2024. The tender offer is open to all registered holders of the notes and requires that validly tendered notes be accepted on a prorated basis as the tendered amount exceeds the maximum. Holders can receive $30 per $1,000 of notes tendered before the early tender date, plus accrued interest. The tender offer is set to close on June 2, 2022.
Motorola Solutions (NYSE:MSI) has announced that Chairman and CEO Greg Brown will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on Tuesday, May 24, 2022, at 10:50 a.m. EDT. A live webcast and replay of the session will be available on the company's Investor Relations website. Motorola Solutions is renowned for its innovations in public safety and enterprise security, offering a range of solutions including radio communications, video security, and command center software.
Motorola Solutions, Inc. (NYSE: MSI) has announced a quarterly dividend of 79 cents per share, payable on July 15, 2022, to shareholders on record as of June 15, 2022. This decision reflects the company's commitment to returning value to its shareholders while continuing to lead in public safety and enterprise security solutions.
Motorola Solutions, Inc. (NYSE: MSI) has initiated a cash tender offer to repurchase up to
Motorola Solutions reported a strong Q1 2022 with sales reaching $1.9 billion, marking a 7% increase year-over-year. The company achieved record backlog of $13.4 billion, up 19%, driven by robust demand in video security and land mobile radio products. GAAP EPS stood at $1.54, while non-GAAP EPS was $1.70. Despite sales growth, GAAP operating earnings fell 20% to $239 million, reflecting higher material costs. The company repurchased $493 million in shares and closed acquisitions of Ava Security and TETRA Ireland.
Motorola Solutions (NYSE: MSI) has acquired Videotec S.p.A., a leading provider of ruggedized video security solutions based in Italy. This acquisition enhances Motorola’s portfolio with Videotec’s fixed and PTZ cameras designed for extreme conditions in critical infrastructure sectors such as ports, energy, and transportation. The transaction strengthens Motorola’s position as a leader in video security, crucial for maintaining safety and operational continuity. Terms of the acquisition were not disclosed.
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