Latest news with #Silvus
Yahoo
30-05-2025
- Business
- Yahoo
Motorola to acquire defense radio maker for $4.4B
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Motorola Solutions is set to acquire defense radio maker Silvus Technologies for $4.4 billion, the Chicago-based technology, communications and security company said Wednesday. The all-cash agreement, expected to close by the end of 2025, would expand Motorola's portfolio to include technologies that address safety, security and defense use cases for autonomous systems and secure high-bandwidth communications. Silvus, based in Los Angeles, could also receive an additional payout of $600 million based on its business performance through 2027 and 2028 as part of the deal. Motorola, which spun off and sold its cell phone business to Google in 2012, pivoted to focus on public safety technology and has reaped strong returns over the past decade. The company recently reported first quarter sales of $2.5 billion, up 6% from last year. That marked sizable growth from Q1 2015, when Motorola reported sales of $1.2 billion. Additionally, earnings per share has ballooned from 40 cents to $2.53 over the 10-year period. However, tariffs are driving up costs and challenging the company. During an earnings call May 1, Motorola EVP and CFO Jason Winkler said the company is expecting a tariffs impact of close to $100 million this year. The company is implementing supply chain adjustments and cost-savings measures to mitigate the effects of the dynamic trade backdrop, he said. Motorola contracts with manufacturers around the world for most of its products, including facilities in Mexico, Malaysia and Canada, according to its annual investor filing. It also owns or leases operations in Illinois, Florida and Texas. Motorola's success over the years has stemmed largely from focusing on rugged, weather-proof technologies used across industries, such as radios and video surveillance systems, as well command center and support services software. Acquiring Silvus would expand Motorola's portfolio to include devices with mobile ad-hoc network technology, also known as MANET, which can transmit data, audio and video without any pre-existing network infrastructure. The technology is currently used in military and law enforcement use cases. 'This acquisition underscores our unwavering conviction that technology is the bedrock for protecting communities, securing borders and defending against today's ever evolving threats, whether in the air, on the ground or in the water,' Greg Brown, chairman and CEO of Motorola, said in a statement. Silvus is on track to generate $475 million in revenue this year with an adjusted earnings margin of roughly 45%, according to Motorola's investor presentation Wednesday. It could be accretive to Motorola's earnings per share within the next 12 months. Motorola is expecting rapid customer adoption with this move. Silvus' devices use high-bandwidth, private, mobile mesh data networks and radio frequency sensing technologies for data transmission and communication, according to the presentation. They are different from competitors' offerings in that their anti-jam techniques can support high data throughput for a large number of nodes in congested environments. The companies plan to combine their engineering teams and leverage Motorola's size and scope to reach global customers. Silvus was previously owned by TJC LP, formerly known as The Jordan Company. Recommended Reading Samsung to acquire cooling systems provider FläktGroup to meet data center demand Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
BofA Maintains Buy Rating on Motorola (MSI), Keeps $250 PT
Following Motorola Solutions Inc.'s (NYSE:MSI) acquisition of Silvus Technologies Inc., Bank of America Securities analyst Tomer Zilberman reiterated a Buy rating and maintained a price target of $520. Silvus Technologies Inc. is a wireless radio manufacturer specializing in MIMO (Multiple Input, Multiple Output) communication technology. The all-cash deal is valued at $4.4 billion. Silvus was previously owned by private equity firm TJC (earlier known as The Jordan Company), which acquired it in 2019. Ken Wolter / Zilberman believes the acquisition will be highly accretive, contributing meaningfully to both revenue and earnings growth. He expects Silvus to deliver strong topline and profitability gains in 2025, which will enhance Motorola's long-term growth outlook. The analyst also sees strategic benefits from the acquisition, particularly in expanding Motorola's service capabilities and improving alignment with the needs of the U.S. Department of Defense and the Department of Homeland Security. Additionally, Zilberman notes that the deal opens up new growth avenues in unmanned and autonomous systems. He views the transaction as a strong positive, especially for Motorola's Land Mobile Radio segment, which is already outperforming the market. The acquisition is expected to help sustain that momentum. He also anticipates an improvement in Motorola's valuation due to its enhanced growth profile and expected integration synergies. Motorola Solutions is a global technology, communications, and security company. It provides high-tech security and mission-critical communication products for businesses and governments. While we acknowledge the potential of X as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than X and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Motorola Solutions (MSI) Acquires Silvus Technologies for $4.4 Billion
On Wednesday, May 28, Motorola Solutions Inc. (NYSE:MSI) announced its acquisition of privately held Silvus Technologies Inc., a wireless radio manufacturer specializing in MIMO (Multiple Input, Multiple Output) communication technology. The all-cash deal is valued at $4.4 billion. Silvus was previously owned by private equity firm TJC (earlier known as The Jordan Company), which acquired it in 2019. In addition to the cash consideration, certain Silvus employees holding equity will receive $20 million in restricted stock. The deal also includes a potential performance-based payout of up to $600 million, contingent upon achieving specific performance metrics during consecutive 12-month periods ending in 2027 and 2028. Ken Wolter / According to Bloomberg data, this marks Motorola's only billion-dollar-plus acquisition in the past decade, despite the company completing around 40 acquisitions over that period. This underscores Motorola's conviction in Silvus' capabilities and the strategic value of its technology. The acquisition is particularly timely amid rising global conflicts, where demand for secure, resilient communication technologies is accelerating. Silvus' mobile ad-hoc networking (MANET) technology enables decentralized, infrastructure-free communication, a key advantage in mission-critical and frontline situations. Motorola believes Silvus will strengthen its existing portfolio and expand its offerings to military, law enforcement, and commercial clients. The combination of Silvus' cutting-edge engineering with Motorola's global scale aims to deliver more advanced and secure solutions across various industries. Motorola Solutions is a global technology, communications, and security company. It provides high-tech security and mission-critical communication products for businesses and governments. While we acknowledge the potential of MSI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSI and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
TJC Announces Sale of Silvus Technologies to Motorola Solutions Inc. for up to $5.0 Billion
NEW YORK, May 28, 2025--(BUSINESS WIRE)--TJC, L.P. ("TJC") today announced that an affiliate of The Resolute Fund IV, L.P. ("Resolute IV") has signed a definitive agreement to sell Silvus Technologies, Inc. and its subsidiaries ("Silvus" or the "Company") to Motorola Solutions, Inc. (NYSE: MSI), a global leader in providing mission-critical communications. The purchase price will be for up to $5.0 billion, comprised of $4.4 billion in cash and up to $600.0 million in earnout payments. The transaction is expected to close in the third quarter of 2025. Founded in 2004, Silvus develops and manufactures mobile communications datalinks that facilitate data transmission without the need for fixed infrastructure through a proprietary software defined waveform. Silvus' technology is reshaping traditional broadband wireless connectivity by providing leading data throughput, active wireless interference and anti-jamming mitigation, enhanced non-line-of-sight range, and self-forming networks enabling the transmission of critical video, voice and data communications within a private and secure network. Silvus' technology is primarily used in government, unmanned systems (air, sea and ground), robotics, law enforcement, and other critical commercial / industrial applications. Silvus' proprietary technology overcomes traditional network challenges and facilitates data communication in harsh environments, without the need for fixed infrastructure. "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. "We are pleased to have collaborated closely with Silvus' management team since our investment in 2019, facilitating significant growth including expanding their workforce from 70 to over 350 employees, strategic acquisitions, and advancements in their waveform, software applications, and hardware form factors. These developments enable Silvus users to communicate effectively in the most challenging environments. We look forward to seeing Silvus continue to grow as part of the Motorola Solutions family." Mayer Brown LLP served as legal counsel to TJC on the transaction, and Morgan Stanley & Co. LLC served as financial advisor. About TJC TJC LP, formerly known as The Jordan Company, has worked for more than 40 years with CEOs, founders and entrepreneurs across a range of industries including Consumer & Healthcare, Diversified Industrials, Industrial Technology, Logistics & Supply Chain and Technology & Infrastructure. With $32.0 billion of assets under management as of March 31, 2025, TJC is managed by a senior leadership team that has invested together for over 23 years on over 85 investments. TJC has offices in New York, Chicago, Miami and Stamford. For more information, please visit View source version on Contacts Eli KapsackProsek Partners ekapsack@ Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
TJC Announces Sale of Silvus Technologies to Motorola Solutions Inc. for up to $5.0 Billion
NEW YORK, May 28, 2025--(BUSINESS WIRE)--TJC, L.P. ("TJC") today announced that an affiliate of The Resolute Fund IV, L.P. ("Resolute IV") has signed a definitive agreement to sell Silvus Technologies, Inc. and its subsidiaries ("Silvus" or the "Company") to Motorola Solutions, Inc. (NYSE: MSI), a global leader in providing mission-critical communications. The purchase price will be for up to $5.0 billion, comprised of $4.4 billion in cash and up to $600.0 million in earnout payments. The transaction is expected to close in the third quarter of 2025. Founded in 2004, Silvus develops and manufactures mobile communications datalinks that facilitate data transmission without the need for fixed infrastructure through a proprietary software defined waveform. Silvus' technology is reshaping traditional broadband wireless connectivity by providing leading data throughput, active wireless interference and anti-jamming mitigation, enhanced non-line-of-sight range, and self-forming networks enabling the transmission of critical video, voice and data communications within a private and secure network. Silvus' technology is primarily used in government, unmanned systems (air, sea and ground), robotics, law enforcement, and other critical commercial / industrial applications. Silvus' proprietary technology overcomes traditional network challenges and facilitates data communication in harsh environments, without the need for fixed infrastructure. "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. "We are pleased to have collaborated closely with Silvus' management team since our investment in 2019, facilitating significant growth including expanding their workforce from 70 to over 350 employees, strategic acquisitions, and advancements in their waveform, software applications, and hardware form factors. These developments enable Silvus users to communicate effectively in the most challenging environments. We look forward to seeing Silvus continue to grow as part of the Motorola Solutions family." Mayer Brown LLP served as legal counsel to TJC on the transaction, and Morgan Stanley & Co. LLC served as financial advisor. About TJC TJC LP, formerly known as The Jordan Company, has worked for more than 40 years with CEOs, founders and entrepreneurs across a range of industries including Consumer & Healthcare, Diversified Industrials, Industrial Technology, Logistics & Supply Chain and Technology & Infrastructure. With $32.0 billion of assets under management as of March 31, 2025, TJC is managed by a senior leadership team that has invested together for over 23 years on over 85 investments. TJC has offices in New York, Chicago, Miami and Stamford. For more information, please visit View source version on Contacts Eli KapsackProsek Partners ekapsack@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
