Motorola buys Airwave for GBP 817.5 mln

Friday 4 December 2015 | 09:17 CET | News
Motorola Solutions has agreed to acquire Airwave for GBP 817.5 million (around USD 1.2 billion). Formed in 2000, Airwave is headquartered in Berkshire, England, with about 600 employees. The company is owned by investment fund Macquarie European Infrastructure Fund 2, which supports the transaction. The company delivers mission-critical voice and data communications to more than 300 emergency and public service agencies in the UK. Based on Tetra technology provided by Motorola Solutions, its network covers 99 percent of the UK's territory.

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Categories: Mobile & Wireless
Companies: Airwave / Motorola Solutions
Countries: United Kingdom
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