Monday, July 31, 2017

Airbus to sell communications unit to Motorola

Airbus has executed an agreement under which Motorola Solutions will acquire Plant Holdings, which holds the Airbus DS Communications business.

This agreement is part of the portfolio reshaping within the Airbus Defence and Space Division announced in September 2014.

Airbus DS Communications is a leading provider in North America of command centre software for fielding emergency calls (911) and citizen emergency notification. It generated revenues of more than $100 million in 2016.

Completion of the transaction is expected by the end of 2017. – TradeArabia News Service

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