Motorola Solutions completes Silvus Technologies acquisition

Motorola Solutions has completed its acquisition of Los Angeles-based company Silvus Technologies, which it describes as a global leader in mission-critical mobile ad-hoc networks (MANET).

Silvus’s MANET technology is designed to support frontline operations in the most challenging and contested environments, enabling highly secure data, video and voice communications without the need for fixed infrastructure. Its devices mesh together to establish large, scalable and self-healing networks that adapt to continuous mobility. These robust mobile networks connect people, devices and other nodes over distance and at scale, and seamlessly support bandwidth-intensive technologies like video, sensors and drones.

Autonomous technologies, including drones, vehicles and robots, are increasingly deployed to safely provide a greater distance between soldiers and potential threats. Silvus’s technology allows human operators to securely control these systems with extremely low latency, helping to save lives while informing better tactical decisions.

Silvus’s range of customers spans defence agencies, autonomous systems manufacturers, the intelligence community, law enforcement and enterprises globally. Motorola Solutions plans to extend Silvus’s reach through its global scale and longstanding relationships with government and public safety customers around the world.

“Silvus’s advanced solutions for drone and unmanned systems are trusted in the world’s most demanding defence environments, and offer vital applications for border security and public safety,” said Greg Brown, Chairman and CEO of Motorola Solutions. “Their capabilities are an excellent complement to our land mobile radio and video technologies, and we look forward to bringing them to more customers around the world.”

Under the terms of the purchase agreement, the consideration for the Silvus acquisition includes US$4.4 billion in upfront consideration, comprising approximately US$4.38 billion in cash (subject to customary adjustments) and approximately US$20 million in restricted stock to certain employee equity holders. The terms of the purchase agreement also include the ability to earn earnout consideration of up to US$600 million in the aggregate based on business performance over consecutive 12-month periods ending in 2027 and 2028.

“We have always respected Motorola Solutions’ leadership,” said Dr Babak Daneshrad, CEO of Silvus Technologies. “At our core, both our companies are driven by innovation that makes the world safer. Bringing our advanced engineering teams together amplifies our ability to build more powerful solutions to serve more customers globally. I am incredibly optimistic about the future we have with Motorola Solutions.”

Image: Supplied.