$MSI (Motorola Solutions, Inc.)

$MSI {{ '2016-06-06T20:30:33+0000' | timeago}} • SEC

During 1Q16, $MSI said it paid an aggregate of $64MM, including transaction costs to repurchase approx. 0.9MM shares at an avg. price of $71.41 per share. As of April 2, 2016, $MSI used approx. $11Bil of the share repurchase authority, including transaction costs to repurchase shares, leaving $1Bil of authority available for future repurchases.

$MSI {{ '2017-10-02T15:27:44+0000' | timeago}} • Announcement

$MSI announced two new leaders in the company’s Software Enterprise. Alam Ali, VP, Records and Evidence Systems, joins the company from Tersai Corporation. Iain McDonald, VP, Software Deployment and Integration, comes from Microsoft. Ali and McDonald are based in $MSI’s Seattle software design center.

$MSI {{ '2017-08-28T17:29:25+0000' | timeago}} • Announcement

$MSI closed the acquisition of privately-held Kodiak Networks, a provider of broadband push-to-talk (PTT) for commercial customers. The terms of the transaction were not disclosed. Kodiak adds a complementary, carrier-integrated PTT-over-cellular solution to $MSI's existing mission-critical WAVE PTT portfolio.

$MSI {{ '2017-08-23T17:30:19+0000' | timeago}} • Announcement

Communication solutions firm $MSI has appointed Troy Mattern as the head of cybersecurity for products and services. Mattern, a former head of the Cyber Intelligence Task Force, has more than 25 years of experience in military and cyberintelligence. Previously, he was President of cybersecurity for Zurich Insurance Company.

$MSI {{ '2017-08-22T20:21:05+0000' | timeago}} • Announcement

$MSI has approved a regular quarterly dividend of 47 cents per share, payable in cash on Oct 13, 2017, to stockholders of record as on Sept. 15, 2017.

$MSI {{ '2017-07-31T12:09:37+0000' | timeago}} • Announcement

$MSI commenced patent infringement proceedings against Hytera Communications of Shenzhen, China and Hytera Communications Australia in the Federal Court of Australia by filing an Originating Application and Statement of Claim. This asserts that certain Hytera digital mobile radios offered in Australia infringe three of $MSI's Australian patents.

$MSI {{ '2017-07-28T16:45:52+0000' | timeago}} • Announcement

$MSI has executed a definitive agreement with Airbus SE under which, the company will acquire Plant Holdings, Inc., which holds the Airbus DS Communications business. Terms of the transaction were not disclosed. The acquisition, expected to be completed by 2017-end, will strengthen Motorola Solutions’ software portfolio.

$MSI {{ '2017-07-24T18:07:53+0000' | timeago}} • Announcement

$MSI has filed fresh patent infringement complaints in the Regional Court of Mannheim in Germany against Hytera Communications Corporation Limited of Shenzhen, China and Hytera Mobilfunk GmbH of Bad Munder, Germany (collectively, “Hytera”). Similar complaints were filed against Hytera in the Regional Court of Düsseldorf on April 18, 2017.

$MSI {{ '2017-07-17T14:25:37+0000' | timeago}} • Announcement

$MSI said it will partner with AI company Neurala to develop intelligent cameras for public safety users. The cameras will help the police conduct search operations more efficiently. Initially, Neurala will work with Motorola to build a prototype that allows for real-time learning for a 'person of interest' search.

$MSI {{ '2017-07-11T17:11:20+0000' | timeago}} • Announcement

Nok Nok Labs has raised $8MM in Series D financing, led by $MSI. Nok Nok Labs will use this latest round of funding to accelerate the deployment of its strong authentication solution across the private and public markets including government, public safety and first responder agencies.

$MSI {{ '2017-06-13T13:04:42+0000' | timeago}} • Announcement

$MSI said it will provide mobile apps, software and services for the FirstNet network as part of its role on the $T team selected by the US government to deliver America's first nationwide wireless broadband public safety network. Working with $T, $MSI will help deliver the broadband devices and solutions that public safety needs.

$MSI {{ '2017-06-09T16:51:42+0000' | timeago}} • Announcement

Equity crowdfunding platform OurCrowd has joined hands with $MSI, Reliance Industries and Yissum to operate an innovation technology incubator to support early stage startups in Jerusalem. The incubator will focus on frontier technologies such as big data, analytics, AI, fintech, storage, IoT and computer vision.

$MSI {{ '2017-05-18T15:17:12+0000' | timeago}} • Announcement

The Boone County Fiscal Court, Campbell County Consolidated Dispatch Board and Kenton County Fiscal Court have jointly selected $MSI to design, build and implement new 700/800 MHz P25 trunked radio system at a cost of $19.49MM. The award includes system infrastructure and 11-year service warranty for parts, service, and software/hardware upgrades.

$MSI {{ '2017-05-16T15:02:59+0000' | timeago}} • Announcement

$MSI's BoD approved a regular quarterly dividend of 47 cents per share. The dividend is payable in cash on July 14, 2017, to stockholders of record at the close of business on June 15, 2017.

$MSI {{ '2017-05-04T21:54:28+0000' | timeago}} • Webcast

In terms of M&A strategy, $MSI said it will continue to look for opportunities and march forward with the prioritization around software and services. The company said its capital allocation framework hasn't changed with $600MM being available for either share repurchase or M&A for 2017.

$MSI {{ '2017-05-04T21:40:09+0000' | timeago}} • Webcast

$MSI expects Interexport acquisition to add approx. $50MM in revenue and approx. $0.03 in non-GAAP EPS for 2017. In 1Q17, the company completed its accusation of Interexport, a provider of managed services for communications systems to public safety and commercial customers in Chile.

$MSI {{ '2017-05-04T20:44:59+0000' | timeago}} • Announcement

$MSI's sales increased 7% in 1Q17, reflecting the growth in EMEA and the Americas. Product segment sales were up $1MM at $703MM. The Services segment revenue grew 18% to $578MM, including $58MM of incremental Airwave revenue. Excluding Airwave, Services grew 7%.

$MSI {{ '2017-05-04T20:37:32+0000' | timeago}} • Announcement

For 2017, $MSI expects revenue growth of approx. 2% versus the prior outlook of 1-2%, and hiked the non-GAAP EPS range to $5.08-5.23 versus the prior outlook of $5.05-5.20. For 2Q17, the company expects revenue growth to be 2-3% compared with 2Q16. The company expects non-GAAP EPS to be $0.98-1.03 for 2Q17.

$MSI {{ '2017-05-04T20:33:12+0000' | timeago}} • Announcement

$MSI posted a 353% increase in its 1Q17 profit, boosted by the higher revenues in Services segment. Net income attributable to company was $77MM or $0.45 per share compared with $17MM or $0.10 per share in the prior year quarter. Sales grew 7% to $1.3Bil. Non-GAAP EPS was up 37% at $0.71 for the recently ended quarter.

$MSI {{ '2017-05-01T17:44:13+0000' | timeago}} • Announcement

$MSI agreed to buy privately-held Kodiak Networks, a provider of broadband push-to-talk (PTT) for commercial customers, for undisclosed terms. The acquisition agreement is expected to close later this year. The acquisition of Kodiak adds a complementary, carrier-integrated PTT-over-cellular solution to $MSI's existing WAVE PTT portfolio.

$MSI {{ '2017-04-28T19:14:34+0000' | timeago}} • Announcement

$MSI said the U.S. International Trade Commission (ITC) has voted to institute an investigation into unfair trade practices by Hytera Communications. The ITC’s investigation will examine whether Hytera is unlawfully importing and selling two-way radio equipment and systems and related software and components that infringe $MSI's patents.

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