Motorola Announces $5-Billion Acquisition of Los Angeles-Based Silvus Technologies
'Silvus' commitment to mission-critical communication infrastructure is crucial in an increasingly complex global landscape,' said Erik Fagan, partner and head of industrial technology at TJC, in a statement. He noted that TJC acquired the company in 2019, and it grew from 70 employees to more than 350 employees since then.
Silvus was founded in 2004. Its technology is primarily used in government, unmanned systems (air, sea and ground), robotics, law enforcement, and other critical commercial and industrial applications.
Mayer Brown LLP served as legal counsel to TJC on the transaction, and Morgan Stanley & Co. LLC served as financial advisor.
Information for this article was sourced from TJC LP.
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