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On December 19, 2012, it was announced that Arris Group would purchase Motorola Mobility's cable modem and set-top box business for $2.35 billion in a cash-and-stock transaction. [ 26 ] In May 2013, Motorola Mobility opened a factory in Fort Worth , Texas , with the intent to assemble customized smartphones in the US.
Get breaking Business News and the latest corporate happenings from AOL. ... -U.S. private equity firm Bain Capital is set to raise its offer price for Japan's Fuji Soft to 9,600 yen ($63.35) per ...
The stock of Motorola Solutions (NYSE:MSI, 30-year Financials) is believed to be modestly overvalued, according to GuruFocus Value calculation.
Hytera's complaint alleges that Motorola Solutions prevents Hytera from competing in the U.S. marketplace by enforcing inflated prices and engaging in a monopolistic scheme that includes forcing LMR dealers to drop Hytera's products. [17] In March 2018, Motorola Solutions acquired Avigilon, a Canada-based company, [18] [19] for about $1 billion ...
In its announcement, it estimated the stock price to be US$17.50- 19.50 but following a cooling of the market towards tech stocks, it lowered its price to US$13. Existing shareholders of Motorola stock received 0.110415 shares of Freescale stock for every share of Motorola stock as a dividend which was distributed on December 2, 2004. [6]
Likelihood of a fresh tariff regime and renewed trade war negate solid quarterly performance of telecom firms like Qualcomm (QCOM) and Motorola (MSI).
Motorola was founded in Chicago, Illinois, as Galvin Manufacturing Corporation (at 847 West Harrison Street) [9] in 1928.. Paul Galvin wanted a brand name for Galvin Manufacturing Corporation's new car radio, and created the name "Motorola" by linking "motor" (from motor car) with "ola" (from Victrola), which was also a popular ending for many companies at the time, e.g. Moviola, Crayola. [10]
While Qualcomm (QCOM) beats fourth-quarter fiscal 2021 earnings estimates on 5G-enabled chip strength, Motorola's (MSI) third-quarter earnings beat on solid order trends and healthy growth dynamics.