Two Way Radio Industry News Blog

Radio Industry news from around the world.

Motorola Solutions Marks an Enterprise First by Providing Customers a Choice with Google Mobile Services on AndroidTM Mobile Computer

on Wednesday, 21 May 2014. Posted in Two Way Radio Industry News Blog

May 21, 2014

TC55 touch computer now also available on the Verizon network

SCHAUMBURG, Ill. – May 21, 2014 – Motorola Solutions, Inc. (NYSE: MSI) today announced the expansion of the largest portfolio of AndroidTM-based enterprise mobile computers with the availability of the TC55 touch computer for the Verizon network, along with new options for Google Mobile Services (GMS).

Enterprise smartphone customers have unique requirements and, while some businesses will value the additional benefits of GMS, others will need to minimize user access and network interaction to just enterprise applications. Recognizing these needs, Motorola Solutions is the first, and only, manufacturer to offer an Android smartphone in both variants – giving customers the choice.

Designed for field service, field sales, merchandising, logistics and postal applications, the TC55 is a complete business solution, featuring a thin design without compromising the capabilities or durability expected from an enterprise mobile device. Available now with three radio platforms (global HSPA+/GSM, Americas LTE/HSPA+, and Verizon LTE), the TC55 provides global coverage to meet the 4G communication needs of enterprises. By capturing bar codes, signatures, documents, photos and videos with the TC55’s suite of high-performance data capture features, mobile workers can better serve their customers and improve efficiency.

KEY FACTS

  • To meet the differing needs of customers, the TC55’s operating system (OS) is available in two unique products built on Android:
  • The Standard TC55 comes with Google Mobile Services (GMS), a suite of integrated applications such as Google MapsTM, GmailTM, Google PlayTM store, Google Search, Google Talk, and the ChromeTM browser standard on most smartphones.
  • The Professional TC55, which does not include GMS, prevents data gathering of user location, keypad entries and search activities by GoogleTM while providing customers with control of application and OS upgrades. Enterprise-built applications are provided through the Motorola certification process and are made available through Motorola’s AppGallery app store.
  • The TC55 offers an advanced capacitive 4.3-inch high-resolution touch screen that is brighter both indoors and outdoors, supports multi-touch capability, consumes less energy and dynamically adjusts to the environment enabling input with a bare or gloved finger or a stylus – even if the screen is wet.
  • With IP67 sealing and the longest battery life in its class for dependable full-shift power, the rugged TC55 is built for a full day in the field. The TC55 comes with a rugged charging cable and is available with a rubber boot for increased durability.
  • Extensions (Mx) by Motorola Solutions provides an added layer of security, manageability, data capture and wireless features on top of the standard Android OS and is included at no additional charge on both the Standard and Professional configurations.
  • The TC55 supports the option to run applications built with Motorola’s RhoMobile Suite 4.0, which provides powerful development tools built from the ground up for enterprise mobility applications.
  • Service from the Start is included with the purchase of the TC55 in most regions and provides free software upgrades when available and normal wear and tear repair coverage with a dependable three-day turnaround time.

SUPPORTING QUOTES

Girish Rishi, senior vice president, Enterprise Solutions, Motorola Solutions

”Motorola Solutions has the industry’s broadest portfolio of mobile computers built on the Android operating system. While some customers prefer the foundational Android open source operating system, others have requested a solution with integrated Google Mobile Services (GMS) - enabling capabilities such as Google Maps, Google Cloud Messaging and direct access to Google Play store applications. To serve their requirements, we are launching a configuration of the TC55 with GMS so customers now have the option of Android-based solutions with or without GMS. Motorola is proud to be serving our customer’s specific use cases to optimize their operations.”

Motorola Solutions, 3M™ Peltor™ to Offer Technology That Protects Workers’ Hearing, Improves Communication

on Tuesday, 20 May 2014. Posted in Two Way Radio Industry News Blog

May 20, 2014

GOVERNMENT & PUBLIC SAFETY ENGLISH NORTH AMERICA

3M collaborating with Motorola to provide full portfolio of heavy- duty headsets for two-way radios

SCHAUMBURG, Ill. – May 20, 2014 - Motorola Solutions, Inc. (NYSE:MSI) announced today the joint collaboration between 3M and Motorola on the 3M Peltor Heavy-Duty Headset Portfolio. Motorola is now the sole distributor of the MT7H79 Direct Radio Connect Headsets, optimized and certified to meet Motorola’s performance standards for APX and MOTOTRBO™ two-way radios. The initial launch will include 15 new headset products from the Peltor HT, MT and Tactical Pro Series which serve as complementary accessories to Motorola’s digital two-way radios. Ideal for noisy work environments, this portfolio will help customers meet hearing conservation program requirements. Hearing conservation programs are mandated by the U.S. Occupational Safety and Health Administration to protect workers with significant exposure to occupational noise from hearing impairment.

Since 2004, the U.S. Bureau of Labor Statistics (BLS) has reported that nearly 125,000 workers have suffered significant, permanent hearing loss. Hearing loss is the most commonly recorded occupational illness in manufacturing. These protective communication products provide hearing protection for noise levels above 82 decibels (db) while allowing users to hear their surrounding environment and communicate. The portfolio of solutions is ideal for manufacturing, public safety, public works and utility workers.

KEY FACTS

  • The 3M Peltor heavy-duty headset portfolio comes in a variety of styles, providing flexibility and comfort for extended wear including over-the-head, neckband and hard-hat attached options.
  • It also has a 22 – 26dB noise reduction rating which is key for hearing conservation. The portfolio includes field replaceable parts and repair service after the 12-month warranty period.
  • The companies will continue to build-out a suite of unique protective communication headsets for Motorola two-way radios.

SUPPORTING QUOTES

Doug Moses, 3M Marketing Manager, Protective Communications

“3M and Motorola Solutions are globally recognized solution providers, and 3M is excited to work closely with a company that offers premium products in the radio market. The 3M brand has been dedicated to providing hearing conservation solutions for noisy environments for years. Through this joint relationship, we are able to complement Motorola’s radio expertise for enhanced communication in high noise environments.”

Nick Candotti, director, Accessories & Energy Business, Motorola Solutions

“Motorola Solutions is pleased to collaborate with 3M Peltor to better equip workers and help improve their safety. This positive working relationship, in addition to the expanded two-way radio accessories portfolio, creates an extensive array of hearing protective communication solutions for our customers.”

Motorola Solutions Demonstrates Mission Critical Technology at UTC Telecom 2014

on Thursday, 08 May 2014. Posted in Two Way Radio Industry News Blog

May 7, 2014

CORPORATE ENGLISH NORTH AMERICA

Motorola to demo latest technology including IRM1500 and ACE100

Motorola Solutions (Booth #507) is showcasing its latest technology at the Utilities Telecom Council (UTC) Telecom Conference May 6-9 at the Phoenix Convention Center in Arizona. Motorola continues to help critical infrastructure markets by leveraging investments in ASTRO® 25 and other radio networks with new high-performance data products targeting Machine to Machine (M2M), SCADA and other fixed telemetry applications.

The reliability and redundancy of Motorola’s ASTRO digital platform works with critical fixed data/ M2M type applications that are not latency sensitive or do not require large data needs. The IRM1500 and the ACE1000, combined with enhanced data features added to our 7.14 release, provides an effective combination of technology advancements to support both voice and M2M demands.

KEY FACTS

  • The IRM1500 is an intelligent modem for critical infrastructure markets using ASTRO 25.
  • The IRM 1500 is flexible and offers multiple application ports including Ethernet, RS232/485 and USB for supporting both IP and non-IP / legacy utility based protocols over the ASTRO 25 Network.
  • The IRM has been designed to meet IEEE1613 standards so it can be used to communicate with key distribution assets on the grid, and the IEEE1613 rating allows it to be used at substations.
  • The ACE1000 is a compact, smart remote terminal unit (RTU) for all communications media and offers multiple communication ports including IP, RS232/485, USB and WLAN, along with high-quality digital and analog signal handling. The ACE 1000 also provides an integrated, self-contained, DIN rail-mountable modem with an integrated 3W radio supporting Motorola ASTRO 25 data and enhanced data systems.
  • Both products offer innovative design, increased flexibility and performance with stronger environmental standards.

Join Motorola for the following UTC Presentation:

Wednesday, May 7, 9:30 – 10:45 a.m. MST: Mike Koch, Energy & Utility Principal, will participate in a session titled, “You Can’t Know Where You Are Going Until You Know Where You Have Been – Next Generation Communications.” This session provides an overview on today’s radio standards for utilities that are considering migrating from their analog radio system to a new digital platform. This presentation will help utilities better understand the top radio standards in the market today by taking a look at their origins and their keys attributes as well as provide some insight into the challenges and opportunities that VoLTE will offer.

Motorola Solutions Declares Quarterly Dividend

on Wednesday, 07 May 2014. Posted in Two Way Radio Industry News Blog

May 6, 2014

CORPORATE ENGLISH NORTH AMERICA

SCHAUMBURG, Ill. – May 6, 2014 – Motorola Solutions, Inc. (NYSE: MSI) today announced that its board of directors has approved a regular quarterly dividend of 31 cents per share payable in cash on July 15, 2014, to stockholders of record at the close of business on June 13, 2014.

Communicate to Shoppers at the Right Time with First-of-its-Kind, Location-Based Platform from Motorola Solutions

on Wednesday, 07 May 2014. Posted in Two Way Radio Industry News Blog

May 6, 2014

ENTERPRISE ENTERPRISE NETWORKS AND COMMUNICATIONS HOSPITALITY RETAIL ENGLISH NORTH AMERICA

MPact helps turn browsers into buyers by engaging them in the aisle with the ultimate in-store experience

NEW YORK – May 6, 2014 – With 45% of shoppers already using their mobile devices for mobile coupons, Motorola Solutions, Inc. (NYSE:MSI) is announcing a new unified indoor locationing platform to help organizations better meet the demand for customer engagement. Motorola’s MPact Platform for Mobile Marketing is the first of its kind to offer both Wi-Fi and Bluetooth® Smart technology to engage with shoppers in the aisle when buying decisions are being made. The solution enables shoppers to opt-in and receive customized offers and personal assistance via a Bluetooth Smart-triggered loyalty app and access Wi-Fi to locate products in store, read reviews, compare prices and look up information.

Locationing technology translates into relevant discounts and special offers for shoppers as well as attentive service that can enhance the overall in-store experience. MPact offers three levels of location services: Presence, Zone and Position using Wi-Fi and Bluetooth Smart to pinpoint the exact location of customer devices in relation to the merchandise they are looking at. The combination of Wi-Fi and Bluetooth Smart technology gives insight and visibility to a shopper’s journey in the store while eliminating the need for retailers to deploy, integrate and manage two separate technologies.

Motorola is collaborating with four technology vendors to help make MPact an end-to-end locationing solution providing benefits to retailers and customers who opt in. Aisle411 makes shopping in-store easier, allowing users to find products with inventory searchable indoor maps while receiving special offers based on their location in the aisle. Digby’s Localpoint location marketing platform allows retailers to engage shoppers and measure performance at every step of the customer journey from neighborhood to front door to the aisle. Phunware provides turn-key, multi-screen solutions integrated with the MPact platform that engage, manage and monetize users. Swirl’s beacon marketing platform allows retailers to deliver highly relevant mobile content and experiences to customers while they shop.

KEY FACTS

  • By offering both Bluetooth Smart and Wi-Fi as underlying technologies to provide a comprehensive indoor locationing engine, MPact can enable customer engagement to a whole new level with the right offers, right assistance and right information at the moment of decision.
  • MPact’s comprehensive suite of components include:
  • Bluetooth Smart beacons, which transmit radio signals to smart phones/tablets, can operate in various modes including Apple’s iBeacon®.
  • Apple® iOS and Android® client software development kits (SDK) for integration into loyalty applications for shopper smart phones/tablets.
  • An installation application and cloud-based server software with floor plan views, shopper traffic flow insight with analytics and Bluetooth Smart beacon management capabilities.
  • Motorola provides WLAN solutions to support in-store Wi-Fi networks powered by the WiNG 5 operating system. WiNG 5 provides the advanced brainpower required to create network awareness for the WLAN, allowing every piece of infrastructure in a wireless network to work together to route every transmission as efficiently as possible.

SUPPORTING QUOTE

Girish Rishi, senior vice president, Enterprise Solutions, Motorola Solutions

“A majority of consumers are already using their smart phones for shopping-related activities. MPact helps retailers interact with shoppers in-store, adding valuable engagement through technology. The solution can help shoppers request in-store assistance and receive customized offers to their mobile devices at the right time, potentially increasing total sales and providing an optimized shopping experience.”

Motorola Solutions Wins 2014 Edison Award for HC1 Headset Computer

on Tuesday, 06 May 2014. Posted in Two Way Radio Industry News Blog

May 5, 2014

CORPORATE ENTERPRISE

HC1 was recognized for its innovation in enterprise wearable computers

Schaumburg, Ill. – May 5, 2014 – Motorola Solutions, Inc. (NYSE: MSI) has been recognized with a Bronze Edison Award for the HC1 headset computer. The HC1 is the first in a new class of Motorola hands-free enterprise mobile computers that leverages advanced voice recognition, head gestures and video streaming to enable users to access and navigate business-critical documents and applications.

The Edison Awards symbolize the persistence and excellence personified by Thomas Edison, while also strengthening the human drive for innovation, creativity and ingenuity. The awards were presented at the Edison Awards & Gala held on April 30, 2014 in San Francisco.

KEY FACTS

The HC1 can be used in harsh environments and most remote locations where access to complex graphical data or text is needed and using a laptop or handheld device is impractical without obstructing vision.

Designed for field services and the defense, utilities, telecommunications, aerospace and aviation markets, the HC1 can be used for maintenance, repair, operations/overhaul (MRO) and training and simulation applications that improve inspection time and accuracy, reduce labor rates and increase safety.

It leverages innovative technologies such as a micro-display equivalent to that of a virtual 15-inch screen, advanced voice recognition, head gesture controls and video streaming to navigate applications that access and view business-critical documents and schematics.

SUPPORTING QUOTE

Tom Bianculli, senior director of Emerging Business, Motorola Solutions

“The Motorola Solutions HC1 headset computer, recognized with the Bronze 2014 Edison Award, represents a paradigm shift in wearable computing. We have seen devices migrate from textual to graphical and now to natural user interfaces. Utilizing gestures, speech recognition and a blending of the digital and physical worlds, the HC1 quickly and simply provides end users with access to the right information at the right time in a wearable, hands-free form factor.”

Motorola Solutions to Present at May 7 Jefferies 2014 Technology, Media and Telecom Conference

on Tuesday, 06 May 2014. Posted in Two Way Radio Industry News Blog

May 1, 2014

CORPORATE ENGLISH NORTH AMERICA

SCHAUMBURG, Ill. — May 1, 2014 — Motorola Solutions, Inc. (NYSE: MSI) today announced that Mark Moon, executive vice president and president, sales & product operations, will speak at the Jefferies 2014 Technology, Media and Telecom Conference on Wednesday, May 7 in Miami.

The presentation will begin at approximately 11:30 a.m. Eastern Daylight Time and will be webcast live at www.motorolasolutions.com/investors. A replay will be available approximately three hours later at www.motorolasolutions.com/investors.

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

Motorola Solutions Reports First-Quarter 2014 Financial Results

on Tuesday, 06 May 2014. Posted in Two Way Radio Industry News Blog

  • Sales of $1.8 billion, down 9 percent from a year ago
  • GAAP earnings per share (EPS)* of $0.49
  • Non-GAAP** EPS of $0.50
  • Generated $46 million in operating cash flow
SCHAUMBURG, Ill. – May 1, 2014 – Motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the first quarter of 2014. Click here for printable press release and financial tables. 

REVENUE

  • Government segment sales declined 11 percent to $1.2 billion reflecting lower aged backlog in the quarter and a challenging year-ago comparison in the Federal business. In addition, North America sales were weaker than expected due to lower ASTRO and professional commercial radio subscriber volume. Global sales were strong in TETRA, and the Services business grew single-digits for the quarter.
  • Enterprise segment sales declined 4 percent to $600 million primarily due to the expected decline in iDEN. Excluding the impact of iDEN, Enterprise revenues declined less than 1 percent primarily driven by the delay of several deals late in the quarter, primarily in North America.
SUPPORTING QUOTE

Greg Brown, chairman and CEO, Motorola Solutions
“First quarter sales results were below expectations due to lower order volume in both Enterprise and North America Government,” said Greg Brown, chairman and CEO, Motorola Solutions. “The long-term fundamentals of our Government business remain solid and, with the announced sale of the Enterprise business, we will accelerate ongoing cost actions to improve our competitiveness and operating leverage going forward.”

KEY FINANCIAL RESULTS

 

First Quarter

Change

 

2014

2013

Motorola Solutions, Inc.

     

Sales ($M)

$1,801

$1,973

-9%

GAAP

     

Operating earnings ($M)

$170

$216

-21%

Percent of sales

9.4%

10.9%

 

Earnings per share

$0.49

$0.68

-28%

Non-GAAP

     

Operating earnings ($M)

$212

$278

-24%

Percent of sales

11.8%

14.1%

 

Earnings per share

$0.50

$0.66

-24%

         

Segments

       

Government

       

Revenue ($M)

$1,201

$1,346

-11%

GAAP operating earnings ($M)

$113

$180

-37%

Percent of sales

9.4%

13.4%

 

Non-GAAP operating earnings ($M)

$140

$217

-35%

Percent of sales

11.7%

16.1%

 
         

Enterprise

       

Revenue ($M)

$600

$627

-4%

GAAP operating earnings ($M)

$57

$36

58%

Percent of sales

9.5%

5.7%

 

Non-GAAP operating earnings ($M)

$72

$61

18%

Percent of sales

12.0%

9.7%

 


Non-GAAP financial information excludes after-tax net loss of approximately $0.01 per diluted share related to share-based compensation, intangible amortization and highlighted items. Details on these non-GAAP adjustments and the use of non-GAAP measures are included later in this press release. 

OTHER SELECTED FINANCIAL RESULTS

  • Operating margin — GAAP operating margin was 9.4 percent of sales; non-GAAP operating margin decreased to 11.8 percent. These results include $45 million in lower expenses compared to the first quarter of 2013 primarily due to cost initiatives undertaken in late 2013.
  • Taxes — The GAAP effective tax rate was 16 percent, compared to 6 percent for the first quarter of 2013. The non-GAAP effective tax rate was 33 percent, compared to 30 percent for the first quarter of 2013. The increase in the non-GAAP effective tax rate is due to the expiration of 2013 research and development credits.
  • Cash flow — The company generated $46 million in operating cash flow during the quarter. This is a $77 million improvement from the first quarter of 2013 primarily driven by the timing of long-term contract milestone billings and return of cash that was seized by India tax authorities in the first quarter of 2013.
  • Cash and cash equivalents — The company ended the quarter with cash and cash equivalents of $3.1 billion while returning $136 million to shareholders through share repurchases and cash dividends.
  • Share repurchase program — The company repurchased $57 million of its common stock in the first quarter reflecting lower activity as a result of the discussions leading to the Enterprise sale announced on April 15.
KEY HIGHLIGHTS

  • Secured $175 million contract with the Los Angeles Regional Interoperable Communications System Authority to provide a public safety LTE network.
  • Secured $113 million contract with the state of Indiana to upgrade its statewide infrastructure system including $78 million for 20 years of services.
  • Introduced three new model families to industry-leading APX P25 portfolio.
  • Continued to demonstrate leadership in retail and transportation and logistics by securing contracts with key customers such as retailers CVS and Tesco (UK) and couriers FedEx, Correos (Spain) and GLS (Germany).
  • Introduced DS4800 series of 2D array imagers offering enterprise-class scanning capabilities in a modern industrial design that enhances the ambiance of the retail point of sale (POS) environment.
BUSINESS OUTLOOK***

  • Second quarter 2014 — Motorola Solutions expects a revenue decline of 5 to 8 percent compared with the second quarter of 2013, with non-GAAP earnings per share in the range of $0.58 to $0.64 per share.
  • Full year 2014 — The company expects a revenue decline of low single digits compared with 2013, with non-GAAP operating margins of approximately 18.5 percent of sales, consistent with the previous outlook.
CONFERENCE CALL AND WEBCAST 

Motorola Solutions will host its quarterly conference call beginning at 7 a.m. U.S. Central Daylight Time (8 a.m. U.S. Eastern Daylight Time) on Thursday, May 1. The conference call will be webcast live with audio and slides atwww.motorolasolutions.com/investor. 

CONSOLIDATED GAAP RESULTS 

A comparison of results from operations is as follows: 

 

First Quarter

 

2014

2013

Net sales ($M)

$1,801

$1,973

Gross margin ($M)

845

955

Operating earnings ($M)

170

216

Net earnings ($M)

127

192

     

Diluted EPS

$0.49

$0.68

     

Weighted average diluted common shares outstanding

258.3

280.7


HIGHLIGHTED ITEMS, SHARE-BASED COMPENSATION EXPENSE AND INTANGIBLE ASSETS AMORTIZATION EXPENSE 


The table below includes highlighted items, share-based compensation expense and intangible assets amortization expense for the first quarter of 2014.

 

First Quarter

(per diluted common share)

2014

   

GAAP Net Earnings

$0.49

   

Highlighted Items:

 

Reorganization of business charges

0.06

Gain on sale of building and land

(0.05)

Recognition of previously unrecognized income tax benefits

(0.12)

Total Highlighted Items

(0.11)

   

Share-based compensation expense

0.10

Intangible assets amortization expense

0.02

Share-Based Compensation Expense and Intangible Assets Amortization Expense

0.12

   

Total Non-GAAP Adjustments

0.01

   

Non-GAAP Diluted Earnings per Common Share

$0.50


USE OF NON-GAAP FINANCIAL INFORMATION 


In addition to the GAAP results included in this presentation, Motorola Solutions also has included non-GAAP measurements of results. The company has provided these non-GAAP measurements to help investors better understand its core operating performance, enhance comparisons of core operating performance from period to period and allow better comparisons of operating performance to its competitors. Among other things, management uses these operating results, excluding the identified items, to evaluate performance of the businesses and to evaluate results relative to certain incentive compensation targets. Management uses operating results excluding these items because it believes this measurement enables it to make better period-to-period evaluations of the financial performance of core business operations. The non-GAAP measurements are intended only as a supplement to the comparable GAAP measurements and the company compensates for the limitations inherent in the use of non-GAAP measurements by using GAAP measures in conjunction with the non-GAAP measurements. As a result, investors should consider these non-GAAP measurements in addition to, and not in substitution for or as superior to, measurements of financial performance prepared in accordance with GAAP.

Highlighted items: The company has excluded the effects of highlighted items (and any reversals of highlighted items recorded in prior periods) from its non-GAAP operating expenses and net income measurements because the company believes that these historical items do not reflect expected future operating earnings or expenses and do not contribute to a meaningful evaluation of the company’s current operating performance or comparisons to the company’s past operating performance.

Share-based compensation expense: The company has excluded share-based compensation expense from its non-GAAP operating expenses and net income measurements. Although share-based compensation is a key incentive offered to the company’s employees and the company believes such compensation contributed to the revenue earned during the periods presented and also believes it will contribute to the generation of future period revenues, the company continues to evaluate its performance excluding share-based compensation expense primarily because it represents a significant non-cash expense. Share-based compensation expense will recur in future periods.

Intangible assets amortization expense: The company has excluded intangible assets amortization expense from its non-GAAP operating expenses and net income measurements, primarily because it represents a significant non-cash expense and because the company evaluates its performance excluding intangible assets amortization expense. Amortization of intangible assets is consistent in amount and frequency but is significantly affected by the timing and size of the company’s acquisitions. Investors should note that the use of intangible assets contributed to the company’s revenues earned during the periods presented and will contribute to the company’s future period revenues as well. Intangible assets amortization expense will recur in future periods.

Details of the above items and reconciliations of the non-GAAP measurements to the corresponding GAAP measurements can be found at the end of this press release. 

BUSINESS RISKS


This press release contains "forward-looking statements" within the meaning of applicable federal securities law. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates” and similar expressions. The company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent the company’s views only as of today and should not be relied upon as representing the company’s views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company’s actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, Motorola Solutions’ financial outlook for the second quarter and full year of 2014 and statements regarding the proposed transaction to sell the Enterprise business to Zebra Technologies. Motorola Solutions cautions the reader that the risk factors below, as well as those on pages 10 through 21 in Item 1A of Motorola Solutions, Inc.'s 2013 Annual Report on Form 10-K and in its other SEC filings available for free on the SEC’s website at www.sec.gov and on Motorola Solutions’ website at www.motorolasolutions.com, could cause Motorola Solutions’ actual results to differ materially from those estimated or predicted in the forward-looking statements. Many of these risks and uncertainties cannot be controlled by Motorola Solutions and factors that may impact forward-looking statements include, but are not limited to: (1) the economic outlook for the government and enterprise communications industries; (2) the level of demand for the company's products, particularly if businesses and governments defer or cancel purchases in response to tighter credit or as a result of the pending transaction to sell the Enterprise business to Zebra Technologies; (3) the company's ability to introduce new products and technologies in a timely manner; (4) negative impact on the company's business from global economic conditions, which may include: (i) continued deferment or cancellation of purchase orders by customers; (ii) the inability of customers to obtain financing for purchases of the company's products; (iii) increased demand to provide vendor financing to customers; (iv) increased financial pressures on third-party dealers, distributors and retailers; (v) the viability of the company's suppliers that may no longer have access to necessary financing; (vi) counterparty failures negatively impacting the company’s financial position; (vii) changes in the value of investments held by the company's pension plan and other defined benefit plans, which could impact future required or voluntary pension contributions; and (viii) the company’s ability to access the capital markets on acceptable terms and conditions; (5) the impact of foreign currency fluctuations on the company when competing for business in foreign markets; (6) the outcome of currently ongoing and future tax matters; (7) the company's ability to purchase sufficient materials, parts and components to meet customer demand, particularly in light of global economic conditions; (8) risks related to dependence on certain key suppliers, subcontractors, third-party distributors and other representatives; (9) the impact on the company's performance and financial results from strategic acquisitions or divestitures, including the sale of the Enterprise business and those that may occur in the future; (10) risks related to the company's manufacturing and business operations in foreign countries; (11) the creditworthiness of the company's customers and distributors, particularly purchasers of large infrastructure systems; (12) exposure under large systems and managed services contracts, including risks related to the fact that certain customers require that the company build, own and operate their systems, often over a multi-year period; (13) the ownership of certain logos, trademarks, trade names and service marks including “MOTOROLA” by Motorola Mobility Holdings, Inc.; (14) variability in income received from licensing the company's intellectual property to others, as well as expenses incurred when the company licenses intellectual property from others; (15) unexpected liabilities or expenses, including unfavorable outcomes to any pending or future litigation or regulatory or similar proceedings; (16) the impact of the percentage of cash and cash equivalents held outside of the United States; (17) the ability of the company to pay future dividends due to possible adverse market conditions or adverse impacts on the company’s cash flow; (18) the ability of the company to repurchase shares under its repurchase program due to possible adverse market conditions or adverse impacts on the company’s cash flow; (19) the impact of changes in governmental policies, laws or regulations; (20) negative consequences from the company's outsourcing of various activities, including certain business operations, information technology and administrative functions; (21) the impact of the company’s multi-year phased upgrade and consolidation of its enterprise resource planning systems into a single global platform; (22) the satisfaction of the conditions to closing (including receipt of regulatory approvals) the transaction to sell the Enterprise business to Zebra Technologies; (23) the expected timeline for completing such transaction; and (24) the ability of Motorola Solutions to return proceeds of the transaction to its shareholders and the timing thereof. Motorola Solutions undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.

DEFINITIONS 

* Amounts attributable to Motorola Solutions, Inc. common shareholders. 
** Non-GAAP financial information excludes from GAAP results the effects of share-based compensation expense, intangible assets amortization expense and highlighted items.
*** Business outlook excludes share-based compensation, intangible amortization and charges associated with items typically highlighted by the company in its quarterly earnings releases.

ABOUT MOTOROLA SOLUTIONS

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

Motorola Solutions Named To 2014 CR Magazine 100 Best Corporate Citizens™ List

on Wednesday, 30 April 2014. Posted in Two Way Radio Industry News Blog

April 28, 2014

CORPORATE ENGLISH NORTH AMERICA

SCHAUMBURG, Ill. – April 28, 2014 – Motorola Solutions (NYSE: MSI) is ranked No. 40 on the CR Magazine 100 Best Corporate Citizens™ list. Companies selected to the list are predominately chosen from the Russell 1000 Index.

KEY FACTS ON THE 100 BEST CORPORATE CITIZENS LIST

  • The 100 Best List documents 298 data points of disclosure and performance measures drawn from publically available information.
  • The prestigious 100 Best Corporate Citizens list ranks companies in seven categories including environment, climate change, employee relations, human rights, governance, finance and philanthropy.

KEY FACTS ON MOTOROLA SOLUTIONS CORPORATE RESPONSIBILITY

  • Motorola Solutions helped initiate the Solutions for Hope project, a closed-pipe system of mining conflict-free tantalum from the Democratic Republic of Congo. We also helped launch the Conflict-Free Tin Initiative (CFTI) to source conflict-free tin from the DRC as an end-user.
  • About 23 percent of the electricity Motorola Solutions purchased globally in 2013 was from renewable sources. The company’s goal is to increase its global use of electricity from renewable sources to 30 percent by 2020.
  • The company’s global recycling rate was 68 percent in 2013.
  • In 2013, the Motorola Solutions Foundation provided $13.9 million in grants that helped 1.2 million students, first responders, and community members in 40 countries around the world.
  • Motorola Solutions is one of only 18 U.S. companies to earn a spot on the 2014 Global 100 index of the world’s most sustainable corporations, earning the rank of No. 50.
  • Since 2012, Motorola Solutions has been included in a number of socially responsible investment indices, including: Dow Jones Sustainability World Index, Dow Jones Sustainability North American Index, FTSE4Good, Maplecroft Climate Innovation Indexes, Newsweek Green Rankings, and the oekom Corporate Rating.

SUPPORTING QUOTE

Jodi Shapiro, vice president, environment, health and safety, Motorola Solutions

“It is an honor to be named to the CR Magazine 100 Best Corporate Citizens list. At Motorola Solutions, we are proud of our corporate responsibility programs and set challenging goals to continue to be a leader in sustainability. Through a continued focus on these programs, we are able to demonstrate our purpose – helping people be their best in the moments that matter – for our customers, our suppliers, our employees, our shareholders and our communities around the world.”

Motorola Solutions Invests in B2M Solutions

on Monday, 28 April 2014. Posted in Two Way Radio Industry News Blog

April 28, 2014

CORPORATE ENGLISH NORTH AMERICA

SCHAUMBURG, Ill. and ABINGDON, Oxfordshire, England – April 28, 2014 -- Motorola Solutions, Inc. (NYSE: MSI), through its strategic investment arm Motorola Solutions Venture Capital, has announced an investment in B2M Solutions, a provider of mobile device analytics and process optimization software for enterprise customers. The funds will be used to expand B2M’s marketing and sales activities.

“Today, mobile analytics primarily focus on the data that is captured within an application. B2M offers the ability to provide analytics at the device level, as well as the system and infrastructure levels,” said Tony Palcheck, managing director, Motorola Solutions Venture Capital. “B2M’s ability to combine application analytics with lower-level, detailed data on the overall system gives business managers new insight into the utilization and effectiveness of mobile devices in their operations, and provides keen insights for how to improve those operations.”

B2M Solutions CEO Julie Purves said, “We believe the strategic investment from Motorola Solutions Venture Capital will help accelerate the adoption of our optimization and analytics solutions for mobile enterprise deployments. Agility, adaptability and customer-driven learning help us deliver mission-critical mobile solutions that demonstrate real value across end-users, processes and the entire mobile ecosystem.”

B2M’s cloud-based Elemez mobility solution was built to optimize the mobile device and the processes controlling it. With the B2M Elemez product and its integration into the corresponding backend operational systems, business managers are able to receive real-time, mission-relevant data and analysis to make more informed business decisions that improve worker productivity, processes and revenue potential.

B2M Elemez incorporates device-specific analytics such as signal strength, battery utilization and application utilization, customized to the OEM device. By collecting and analyzing this data over a period of time and specific groups of devices, managers can spot patterns of failures and issues. Armed with this information, proactive action can be taken to quickly isolate, fix and even predict issues while devices continue operating in the field.

“This investment raises awareness about the increased productivity and improved performance that device OEMs and other partners can gain from mobile analytics and optimization across mobile enterprise deployments,” added Purves. “Today our partners and customers are using only a small fraction of the capabilities built into our Mobile Enterprise Optimization solutions. We see very strong growth potential in the value and depth of products for the future.”

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

About Motorola Solutions Venture Capital

Motorola Solutions Venture Capital is the strategic equity investment arm of Motorola Solutions. Its diversified portfolio is focused on “new-idea” companies and opportunities that complement Motorola Solutions’ business strategy. Motorola Solutions Venture Capital invests at all stages in developing companies to accelerate access to new technologies, new markets and new talents. For more information, please visit www.motorolasolutions.com/ventures.

About B2M Solutions

B2M Solutions enables customers to improve mission critical processes by collecting relevant data to inform business decisions across the mobile ecosystem. By optimizing mobile deployments through the application of analytics with actionable results, B2M helps Partners and customers improve performance and ROI in ways unavailable from today’s MDM and MAM solutions. B2M Solutions commitment to agility, innovation, responsiveness and depth of mobile enterprise deployment experience make it the leading Mobile Enterprise Optimization software company in the industry. For more information, visit www.b2m-solutions.com.

Profitect Announces Motorola Solutions Investment

on Monday, 28 April 2014. Posted in Two Way Radio Industry News Blog

April 28, 2014

CORPORATE ENGLISH NORTH AMERICA

WALTHAM, Mass. and SCHAUMBURG, Ill. — April 28, 2014 — Profitect, a profit amplification solutions provider, announced today an investment by Motorola Solutions, Inc. (NYSE:MSI) through its strategic investment arm, Motorola Solutions Venture Capital. This investment will be used to further Profitect’s global growth in the world of data analytics.

“Profitect has a compelling retail-specific pattern-seeking analytics platform that provides highly actionable information from the vast amount of data being collected from stores today,” said Reese Schroeder, managing director, Motorola Solutions Venture Capital. “The Profitect solution provides data to retailers that allow associates to take immediate, guided action to resolve problems that impact shoppers and profits.”

In addition to the financial investment, the two companies expect to work together to allow retailers and retail-focused value-added resellers easier access to the timely, detailed and guided actions identified by Profitect’s pattern-seeking analytic solution. With Motorola Solutions’ industry-leading mobile solutions, Profitect will be able to deliver actionable insights and tasks identified through its intelligent automated analytics ─ directly to the in-store managers and associates for action. This integration will power up the profit amplifying impact achieved by retailers, allowing for more efficient and effective top- and bottom-line improvements.

“The joint resources brought together by Motorola Solutions and Profitect will benefit our customers by making it easier for them to resolve and execute guided actions as well as keep up with the pace of today’s retail environment,” said Guy Yehiav, Profitect CEO. “With the combination of pattern analytics, like those provided by Profitect, and industry-leading, innovative communications solutions from Motorola, retailers will be able to automatically identify hidden insights and patterns, and use current technology to guide the business user to take action, in plain English rather with than with millions of reports.”

About Profitect

The Profitect software solution uses pattern analytics to identify revenue reducing activities, and integrated task management provides timely, detailed, and guided actions to resolve the issue. Improvements to the top and bottom line are continuously measured, ensuring sustainability across the business.

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

About Motorola Solutions Venture Capital

Motorola Solutions Venture Capital is the strategic equity investment arm of Motorola Solutions. Its diversified portfolio is focused on “new-idea” companies and opportunities that complement Motorola Solutions’ business strategy. Motorola Solutions Venture Capital invests at all stages in developing companies to accelerate access to new technologies, new markets and new talent. For more information, please visit www.motorolasolutions.com/ventures.

Motorola Solutions Foundation Supports Future Engineers at 2014 FIRST® Robotics Competition

on Friday, 25 April 2014. Posted in Two Way Radio Industry News Blog

April 24, 2014

Sponsorship impacts more than 7,000 students on 900 teams globally

ST. LOUIS — April 24, 2014 Cheered on by thousands of students and adults in the stands, a robot the size of an easy chair dodges competitors and launches a beach-ball sized ball at a target. What’s inspiring is not only that the robot is competing with hundreds of others, but that all the robots in this competition are designed, built, programmed, and operated by high school students (with some help from generous volunteer engineers).

The Motorola Solutions Foundation, the charitable arm of Motorola Solutions, Inc. (NYSE: MSI) and Motorola Solutions (MSI) employee volunteers, provide students from around the world with an opportunity to experience hands-on engineering through FIRST® Robotics. FIRST, which stands for “For Inspiration and Recognition of Science and Technology,” is an international organization with a mission to inspire young people to become science and technology leaders by engaging them in exciting mentor-based programs that foster science, engineering, technology and math skills.

One of the key priorities of the Motorola Solutions Foundation is to help students develop their abilities in engineering, software programming, teamwork and budgeting as they prepare to enter the marketplace and work for technology companies like Motorola Solutions.

Through the various challenges created by FIRST® each year, volunteers and students collaborate to build, program, and compete robots tasked to perform various capabilities.

KEY FACTS

The Motorola Solutions Foundation has supported FIRST® Robotics since its inception in 1989. This year, the Motorola Solutions Foundation sponsored more than 900 teams at the elementary, middle and high school levels in 12 countries through grants of more than $550,000 and thousands of volunteer hours.

  • Eleven of the Motorola Solutions Foundation-sponsored FIRST® Robotics teams will advance to the 2014 Championship to be held April 23-26 in St. Louis.
  • This year’s challenge for high school students is to design and build robots that can throw and catch large balls.
  • These Motorola Solutions Foundation-sponsored teams have made it to the national championship competition:
  • FIRST® Robotics Competition (FRC) Team 4010 (Nautilus): The Foundation has supported this Mexico City-based team for the past three years. This year Team 4010 Nautilus qualified for the FIRST® Championship. MSI communication specialist Mariana Dominguez and several other MSI employees mentor this team.
  • FRC Team 111 (WildStang): This veteran, Schaumburg, Ill.-team competes and excels at the Championship each year. Beyond its advanced engineering capabilities, WildStang helps other teams enhance and improve the design and technical functions of their robots. MSI engineers Dan Rooney, Joe Morales, Chris Smith and Tiffany Gach mentor the WildStang team.
  • FRC Team 1266 (Devil Duckies): This San Diego-based team was part of the winning alliance at the San Diego Regional and won the Engineering Inspiration award at the Las Vegas Regional. Recently retired MSI project manager Steve Stark mentors this team.
  • FRC Team 108 (SigmaC@t): This Ft. Lauderdale, Fla.-based team received the prestigious Judges Award at their regional competition. MSI mechanical engineer Patrick Claeys along with other MSI employees mentor SigmaC@t.
  • FRC Team 329 (Raiders): This Medford, N.Y.-based team was the regional winner and received the Excellence in Engineering award at the School to Business Partnership of Long Island Regional at Hofstra University. At the Chesapeake regional, the Raiders received the Engineering Inspiration award and one of their team participants, Michelle Arnold, also qualified as one of the two Dean's List winners. Several MSI employees mentor the Raiders including electrical engineer Cel Alem, mechanical engineer Roger Arnoldi, and software engineers Tom Boehm, Matt Boehm and Chris Kowalewski.
  • FRC Team 422 (The Mech Tech Dragons): This Richmond, Va.-based team received the Chairman’s Award at their regional competition. MSI regional service manager Jerry Masak mentors the Mech Tech Dragons.
  • FRC Team 1261 (RoboLions): This Georgia-based team won the Palmetto Regional Competition and earned the Industrial Design Award at the Peachtree Regional in Atlanta. MSI project coordinator Valerie Strain mentors the RoboLions and was recognized as the Volunteer of the Year at the Peachtree Regional Competition.
  • FRC Team 5196 (Breaking Bot): This Parkland, Fla.-based team qualified for Championship at the South Florida Regional as a Rookie All-Star Team. MSI systems engineer Bob Sileo mentors the Breaking Bot team.
  • FTC Team Valley X: This Chandler, Ariz. team advanced out of the West Super Regional competition in Sacramento, Calif. to earn a bid to the championship in St. Louis. MSI director of government affairs, Mark Bare, mentors this team.
  • FLL Team Hippie Pandas (#12040): This team of Girl Scouts from New York won the Finger Lakes Champions Regional Award, the Finger Lakes CC Qualifier and the Champions Award.
  • JFLL Team Tiny Tornadoes (#484): This team of Girls Scouts is from Chicago.
  • As a way to support young women who are interested in careers in engineering, the Motorola Solutions Foundation supports more than 80 FIRST® teams made up of Girl Scouts. Of these, two teams will advance to the FIRST® Championship.
  • A dozen Motorola Solutions employees will be on-site in St. Louis, lending their enthusiasm and expertise to their teams at the championship.
  • In addition to funding, more than 100 Motorola Solutions employees volunteered with the FIRST® organization this year. Many of these volunteers, such as Patrick Claeys, from Plantation, Fla., and Dan Rooney from Schaumburg, Ill., have served as FIRST® team mentors for the past several years. Claeys and Rooney are honored to support these amazing teams with the aim of inspiring the next generation of science and technology leaders.

SUPPORTING QUOTES

Matt Blakely, director, Motorola Solutions Foundation

“We are proud of our employees and the students they mentor. While someone watching this competition will see robots competing on a field, these students and our employee volunteers know how much incredible work, creativity, technical skill, and research goes into building a robot and a successful team. This program teaches tomorrow’s workforce that careers in engineering and technology are not only fun, but also relevant and possible.”

Valerie Strain, project coordinator, Motorola Solutions, and mentor of the RoboLions

“FIRST teams are like fully functioning businesses working under real-world deadlines to build a robot, develop business plans, and raise money for competition. One of my favorite parts is watching students in FIRST Robotics programs gain confidence and leadership skills. It’s amazing to watch a new student join the team, not sure how they will contribute or how they will fit in, and then see that student three or four years later leading the team, making decisions, and sharing their knowledge and skills with the new students that come after them. That is my reward.”

Joe Morales, engineer, Motorola Solutions, and mentor to WildStang

“FIRST robotics is a great opportunity for MSI to partner with future engineers and leaders before they complete high school. As a mentor, it is incredibly rewarding to interact with the students, teach them engineering fundamentals and watch them create a competitive robot.” Tom Boehm, software engineer, Motorola Solutions, and mentor of the Raiders “This program successfully prepares high school students for the engineering world and sets them up to be valuable contributors to technology companies like Motorola Solutions. Everyone wins with this program.”

SUPPORTING RESOURCES

Follow the Motorola Solutions Foundation on Facebook and Twitter.

About Motorola Solutions Foundation

The Motorola Solutions Foundation is the charitable and philanthropic arm of Motorola Solutions. With employees located around the globe, Motorola Solutions seeks to benefit the communities where it operates. The company achieves this by making strategic grants, forging strong community partnerships and fostering innovation. The Motorola Solutions Foundation focuses its funding on public safety, disaster relief, employee programs and education, especially science, technology, engineering and math programming. For more information on Motorola Solutions Corporate and Foundation giving, visit www.motorolasolutions.com/foundation.

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

MOTOROLA, MOTO, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. All other trademarks are the property of their respective owners. ©2014 Motorola Solutions, Inc. All rights reserved.

Recon Instruments Secures Investment from Motorola Solutions

on Thursday, 24 April 2014. Posted in Two Way Radio Industry News Blog

April 23, 2014

CORPORATE ENGLISH NORTH AMERICA

Support based on shared vision for delivering critical information instantly, unobtrusively in challenging environments

VANCOUVER and SCHAUMBURG, Ill. ─ April 23, 2014 ─ Recon Instruments, the award-winning technology company behind the world’s leading consumer Heads-up Displays (HUD) for sports, is pleased to announce that Motorola Solutions (NYSE:MSI), through its strategic investment arm Motorola Solutions Venture Capital, has made an investment in the company. Having shipped three generations of products already, Recon is a leading pioneer in wearable computing and Heads-up Display technology. The investment from Motorola Solutions will be used to accelerate product development and to ramp up global marketing and distribution.

“Our products are designed to deliver contextual visual information, instantly and hands-free, in the most demanding environments” said Dan Eisenhardt, CEO of Recon Instruments. “As we extend our scalable smartglasses platform into industrial and public safety markets, we can leverage Motorola Solutions’ strength. Motorola Solutions is a global leader in ruggedized communication devices and data services, designed to perform in the most high-stress, high-focus situations imaginable, so the synergy is clear and powerful.”

“Recon Instruments is well known as a pioneer in the smartglasses market, with a focus on utility, durability and comfort,” said Tony Palcheck, managing director, Motorola Solutions Venture Capital. “Those same attributes make their product relevant to the vertical markets that Motorola Solutions serves. Our customers need to have access to situation-specific information, instantly and hands-free in the moments that matter, and Recon’s modular, ruggedized hardware, innovative user interface and flexible software can enable that. We believe their solution can be easily adapted to many first responder applications. All the elements for growth are in place.” Motorola Solutions is a leading provider of mission-critical communication solutions and services for government and enterprise customers.

Complete information on Recon Instruments and its newest product, Jet, can be found at www.reconinstruments.com.

About Recon Instruments

Recon Instruments is a world leader in Heads-up Display (HUD) technology for sports and activity-specific environments. Founded in 2008, Recon’s award winning multi-patent and patent-pending technology platform integrates a Heads-up Display with a state-of-the-art micro-computer and sensor suite. Recon’s HUDs run an operating system with an open SDK to empower developers to create apps for an endless variety of sports, social and contextual cases. With worldwide distribution and partnerships with leading technology and optics companies, Recon continues to define and evolve the HUD category. For more information, visit www.reconinstruments.com.

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

About Motorola Solutions Venture Capital

Motorola Solutions Venture Capital is the strategic equity investment arm of Motorola Solutions. Its diversified portfolio is focused on “new-idea” companies and opportunities that complement Motorola Solutions’ business strategy. Motorola Solutions Venture Capital invests at all stages in developing companies to accelerate access to new technologies, new markets and new talent. For more information, visit www.motorolasolutions.com/ventures.

Isola Group Using Motorola WLAN Solutions for Immediate Access to Information for Production Lines & Office Space

on Wednesday, 23 April 2014. Posted in Two Way Radio Industry News Blog

Centralized, site-based management system with security and monitoring helps improve efficiency at manufacturing facilities around the globe

SCHAUMBURG, Ill. – April 23, 2014 – Motorola Solutions Inc. (NYSE: MSI) is helping global manufacturer, Isola Group, build efficiency by implementing a corporate-wide wireless local area network (WLAN). After an acquisition, Isola Group had a mix of wireless technologies, security issues along with connectivity and reliability problems across all of its facilities. Employees on the shop floor had trouble accessing their barcode readers and executives were frustrated by the time it took to log on at each location. Working with Motorola PartnerEmpower™ Platinum partner American Barcode and RFID Inc. (AB&R), Isola implemented a centralized, site-based management system with new sensors and access points (AP) powered by Motorola’s WiNG 5 WLAN solution. Motorola’s AirDefense Services Platform was implemented to manage, monitor and protect Isola’s WLAN environments at its U.S. headquarters as well as branch offices in Europe and Asia.

Since implementing Motorola’s WLAN solution, Isola’s system has become centralized with strong security and monitoring to help improve efficiency. Employees in the carpeted office space area have seen increases in the speed of file transfers, improvements in reliability and the ability to quickly connect has been extremely well received by executives. Shop floor efficiency has also improved as a result of the technology upgrades.

KEY FACTS

  • The WiNG 5 operating system provides the advanced brainpower required to create network awareness for the WLAN, allowing every piece of infrastructure in a wireless network to work together to route every transmission as efficiently as possible.
  • Motorola’s centralized controllers provide comprehensive, hierarchical management enabling both robust security and site-survivability at the edge of the network and seamless roaming between sites.
  • Motorola Access Points deployed in branch offices and headquarters deliver high performance, lower cost of deployment, and the speed required to support the most demanding applications, including voice and video.
  • Isola Group is an advanced global electronics company that manufactures materials used in multi-layer printed circuit boards. Isola standardized its WLAN solution across global factories and offices in the United States, Europe and Asia, including its headquarters, 10 manufacturing sites and three research centers.
  • Since 1980, American Barcode and RFID Inc. (AB&R) has been a nationally-recognized integrator of proven solutions that drive efficiency and productivity in the supply chain. Those solutions include asset tracking, inventory management, work force mobilization, wireless networking, and the managed services to support them all.

SUPPORTING QUOTES

Randall Shipman, director, IT Infrastructure, Isola Group

“Nine out of 10 times wireless technology on the shop floor is a critical part of the manufacturing process. Motorola’s WLAN solution brings centralization, strong security and monitoring – all of which help ensure efficiency with all mobile devices in an organization. If manufacturers want a bulletproof solution, this is it.”

Imran Akbar, vice president and general manager, Enterprise Networks & Communications, Motorola Solutions

“Motorola’s WLAN solution can be purpose-built for the unique set of requirements the manufacturing sector needs. The industrial wireless solution adapts to changing RF conditions, types of devices and applications, and optimizes bandwidth to provide intelligent production with seamless, wireless coverage spanning from the production lines to the carpeted office space for knowledge-based workers, travelers and executives.”

Zebra Technologies to Acquire Enterprise Business from Motorola Solutions for $3.45 Billion

on Wednesday, 16 April 2014. Posted in Two Way Radio Industry News Blog

Transaction strengthens Zebra’s asset tracking portfolio to create a global leader in Enterprise Asset Intelligence for the Connected Age

April 15, 2014

CORPORATE ENGLISH NORTH AMERICA

Motorola to become singularly focused on driving continued leadership in mission-critical communications for Government and Public Safety customers

Lincolnshire, Ill. and Schaumburg, Ill., April 15, 2014─Zebra Technologies Corporation (NASDAQ: ZBRA) and Motorola Solutions, Inc. (NYSE: MSI) today announced that they have entered into a definitive agreement in which Zebra will acquire Motorola’s Enterprise business for $3.45 billion in an all-cash transaction. The acquisition will be funded through a combination of cash on hand and new debt. The transaction, which was approved by the Boards of Directors of both companies, is subject to customary closing conditions including regulatory approvals. The transaction is expected to be completed by the end of 2014.

“This acquisition will transform Zebra into a leading provider of solutions that deliver greater intelligence and insights into our customers’ enterprises and extended value chains,” stated Anders Gustafsson, Zebra’s chief executive officer. “The Enterprise business will generate significant value for our shareholders by driving further product innovation and deeper engagement with our customers and partners. It positions Zebra as a leading technology innovator, with the accelerating convergence of mobility, data analytics and cloud computing.”

“Our Enterprise business is an ideal fit for Zebra,” stated Greg Brown, Motorola Solutions chairman and CEO. “This transaction will enable us to further sharpen our strategic focus on providing mission-critical solutions for our government and public safety customers. Upon closing of the transaction, we intend to return the proceeds to our shareholders in a timely fashion.”

With 2013 pro-forma sales of approximately $2.5 billion (excluding sales of its iDEN products), Motorola’s Enterprise business is an industry leader in mobile computing and advanced data capture communications technologies and services. Through this transaction, Zebra will enter the segment where Motorola’s Enterprise business competes and strengthen its position in key industries including Retail, Transportation & Logistics, and Manufacturing and serve approximately 95 percent of the Fortune 500.

Zebra Technologies, with 2013 sales of $1.0 billion, is an industry leader in barcode and enterprise printing, asset tracking, Internet of Things (IoT) solutions, and motion and location sensing. The combination of these technology offerings and asset tracking solutions, together with Motorola’s Enterprise business, will create an industry leader in enterprise asset intelligence for the Connected Age.

The combined Zebra Technologies with Motorola’s Enterprise business would have had pro-forma sales in 2013 of approximately $3.5 billion. Approximately 4,500 employees are expected to join Zebra upon completing this transaction. Motorola Solutions will retain its iDEN product portfolio that was part of its Enterprise business and will continue its Government business, including its professional commercial radio product portfolio.

Motorola Solutions will continue to manufacture, design, integrate and deliver industry-leading voice and data communication solutions for government and public safety customers worldwide. Motorola Solutions sells these secure, mission-critical and innovative products, services and solutions with unique software designs that are the cutting edge in public safety technology. It also holds a unique portfolio of intellectual property.

Strategic Fit for Zebra

The transaction will significantly expand Zebra’s geographic reach; the combined company will have about 20,000 channel partners in more than 100 countries, and will hold a robust portfolio of intellectual property, with approximately 4,500 U.S. and international patents issued and pending. Key benefits to Zebra and its shareholders include:

  • Stronger combined platform with multiple growth opportunities
  • New and comprehensive product, technology and IP portfolio
  • Leading end-to-end solutions across key industries with global reach
  • Highly diversified business mix
  • Creating synergies by maximizing efficiencies and scale
  • Attractive growth and free cash flow profile
  • Strategic Rationale for Motorola Solutions

“Last year, we undertook a thorough review of our strategy and concluded that the synergies between our Government and Enterprise businesses were not as great as the value we could create by being singularly focused on our core Government & Public Safety business,” Motorola’s Brown said. “Going forward, we will have absolute clarity of purpose and mission as we serve customers globally with our suite of mission-critical communications solutions. This business is truly distinctive in its industry leadership, strong pipeline position, long-term track record of consistent profitability and cash flow, and an array of growth opportunities.”

Transaction Details

Under the agreement, Zebra will acquire the Enterprise business from Motorola Solutions in an all-cash transaction valued at $3.45 billion, which Zebra management expects to be immediately accretive on a cash earnings basis. Zebra expects to fund the transaction with approximately $200 million of available cash on hand and $3.25 billion that is fully committed to be raised through a new credit facility and the issuance of debt securities. The transaction is not subject to a financing condition and is expected to be completed by the end of 2014.

Morgan Stanley is serving as financial adviser to Zebra and is providing a fully underwritten financing commitment for the debt component of the transaction. Kirkland & Ellis LLP is serving as legal advisor to Zebra.

Goldman, Sachs & Co., and J.P. Morgan Securities LLC are serving as financial advisers to Motorola in connection with this transaction. Winston & Strawn LLP is serving as legal adviser to Motorola. Wachtell, Lipton, Rosen & Katz is serving as legal adviser to the Motorola Board of Directors.

Conference Call Notifications

For Zebra:

Investors are invited to listen to a live webcast of Zebra’s conference call discussing of the pending acquisition announced today. The conference call will be held at 8:00 a.m. EDT today. To listen to the call, visit the company’s website at http://www.Zebra.com.

For Motorola:

Investors are invited to listen to a live webcast of the Motorola Solutions conference call discussing the announced pending transaction. The conference call will be held at 8:30 a.m. EDT today. To listen to the call, visit the company’s website at http://www.motorolasolutions.com/investor.

Forward-looking Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties. Actual results may differ from those expressed or implied in the company’s forward-looking statements. When used in this release and documents referenced herein, the words “anticipate,” “believe,” “estimate,” “intend,” and “expect” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. Similarly, statements herein that describe the proposed transaction between Zebra and Motorola Solutions, including its financial impact, and other statements of managements’ beliefs, intentions or goals also are forward-looking statements. These forward-looking statements are based on current expectations, forecasts and assumptions and are subject to the risks and uncertainties inherent in both Zebra’s and Motorola’s respective industries, including the Enterprise business, market conditions, general domestic and international economic conditions, and other factors. These factors also include the satisfaction of the conditions to closing of the transaction (including receipt of regulatory approvals), the completion of the acquisition of the Enterprise business from Motorola Solutions, the successful financing of the transaction, the expected timeline for completing the transaction, the successful integration of the operations by Zebra, and Zebra’s ability to implement plans, forecasts and other expectations with respect to the Enterprise business after the acquisition is completed and the ability of Motorola Solutions to return proceeds of the transaction to its shareholders and the timing thereof. Customer acceptance of Zebra’s products and solutions and competitors’ product offerings, and the potential effects of technological changes are inherent risks associated with the ongoing combined business. The continued uncertainty over future global economic conditions, the availability of credit, capital markets volatility, may have adverse effects on Zebra, its suppliers and its customers. In addition, a disruption in Zebra’s ability to obtain products from vendors as a result of supply chain constraints, natural disasters or other circumstances could restrict sales and negatively affect customer relationships. Profits and profitability will be affected by Zebra’s ability to control manufacturing and operating costs. Because of a large investment portfolio, interest rates and financial market conditions will also have an impact on results. Foreign exchange rates will have an effect on financial results because of the large percentage of Zebra’s international sales. These and other factors could have an adverse effect on Zebra’s sales, gross profit margins and results of operations and increase the volatility of Zebra’s financial results. Descriptions of the risks, uncertainties and other factors that could affect Zebra’s future operations and results can be found in Zebra’s filings with the Securities and Exchange Commission. A detailed description of other risks and uncertainties affecting Zebra is contained in Item 1A of Zebra’s 2013 Annual Report on Form 10-K and in its other filings with the Securities and Exchange Commission. . . A detailed description of other risks and uncertainties affecting Motorola Solutions, is contained in Item 1A of Motorola Solution’s 2013 Annual Report on Form 10-K and in its other filings with the Securities and Exchange Commission. These filings are available for free on the SEC’s website at www.sec.gov, on Zebra’s website at www.zebra.com and on Motorola Solutions’ website at www.motorolasolutions.com. The forward-looking statements made herein speak only as of the date hereof and none of Zebra, Motorola Solutions or any of their respective affiliates assumes any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, developments or otherwise, except as required by law.

About Zebra

A global leader respected for innovation and reliability, Zebra Technologies (NASDAQ: ZBRA) offers technologies that give a virtual voice to an organization's assets, people and transactions, enabling organizations to unlock greater business value. The company's extensive portfolio of marking and printing technologies, including RFID and real-time location solutions, illuminates mission-critical information to help customers take smarter business actions. For more information about Zebra's solutions, visit http://www.Zebra.com.

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

Media Resources

Information related to today’s transaction, including executive pictures and biographies, can be found at http://www.zebra.com/acquires-motorola-enterprise.

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