CHICAGO--(BUSINESS WIRE)--
Motorola Solutions (NYSE: MSI) announced today that it has executed a definitive agreement with Airbus SE (stock exchange symbol: AIR) under which the company will acquire Plant Holdings, Inc., which holds the Airbus DS Communications business. Terms of the transaction were not disclosed.
Airbus DS Communications is a leading provider in North America of command center software for emergency call handling. Its VESTA ® suite is a comprehensive 911 call-handling solution, operating on a flexible, open software architecture. In addition to emergency call handling, it delivers text-to-911, mapping, data management and analytics, providing public safety customers with a comprehensive transition strategy from legacy systems to a standards-based, unified Next-Generation 911 system.
The acquisition of Airbus DS Communications will strengthen Motorola Solutions’ software portfolio, enabling expansion into new segments in U.S. emergency response solutions. It will create a full suite of 911 solutions, including call routing, call taking, records management and dispatch, for agencies of all sizes across segments.
“Our acquisition of Airbus DS Communications will add complementary products and services to our software portfolio, helping us meet the needs of a broader customer base and putting us at the forefront of Next-Generation 911 technology,” said Bruce Brda, executive vice president, Products & Solutions, Motorola Solutions. “We’re pleased to add these new capabilities to our Software Enterprise, created earlier this year to develop and deliver integrated software solutions that provide critical intelligence and improve operational efficiency for public safety agencies.”
Expected to be completed by the end of 2017, the acquisition is subject to customary closing conditions, including regulatory approvals.
About Motorola Solutions
Motorola Solutions (NYSE: MSI) creates innovative, mission-critical communication solutions and services that help public safety and commercial customers build safer cities and thriving communities. For ongoing news, visit www.motorolasolutions.com/newsroom or subscribe to a news feed.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of applicable federal securities law. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates” and similar expressions. The company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent the company’s views only as of today and should not be relied upon as representing the company’s views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company’s actual results or events discussed in these statements to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, (1) our ability to integrate the products and services into our software portfolio; (2) the expected timeline for completing the transaction; and (3) the satisfaction of the conditions to closing, including receipt of required approvals. Motorola Solutions cautions the reader that the risk factors below, as well as those on pages 9 through 21 in Item 1A of Motorola Solutions 2016 Annual Report on Form 10-K and in its other SEC filings available for free on the SEC’s website at www.sec.gov and on Motorola Solutions’ website at www.motorolasolutions.com/investor,could cause Motorola Solutions’ actual results or events discussed in these statements to differ materially from those estimated or predicted in the forward-looking statements. Many of these risks and uncertainties cannot be controlled by Motorola Solutions and factors that may impact forward-looking statements include, but are not limited to: (1) the future results of operations of Airbus DS Communications and our ability to integrate Airbus DS Communications; (2) the timing to consummate the proposed transaction; and (3) the risk that a condition to closing of the proposed transaction may be delayed or may not be satisfied. Motorola Solutions undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.
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