Motorola Solutions exploring possible sale
New York
MOTOROLA Solutions Inc, the maker of two-way radios and other communications equipment, is exploring a possible sale, people familiar with the matter said.
Buyers of the 87-year-old company could include private- equity firms and companies including Raytheon Co, Honeywell International Inc and General Dynamics Corp, said one of the people, asking not to be named because the information is confidential. The Schaumburg, Illinois-based company has a market value of about US$15.6 billion.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think