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MSI Motorola Solutions Inc

359.02
0.85 (0.24%)
After Hours
Last Updated: 21:15:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Motorola Solutions Inc NYSE:MSI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.85 0.24% 359.02 361.68 358.24 359.81 764,459 21:15:03

Motorola Solutions Buys VaaS International for $445 Million

07/01/2019 4:08pm

Dow Jones News


Motorola Solutions (NYSE:MSI)
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By Michael Dabaie

 

Motorola Solutions Inc. (MSI) said Monday it acquired VaaS International Holdings Inc. for $445 million in cash and equity.

VaaS, based in Livermore, Calif., and Fort Worth, Texas, provides data and image analytics for vehicle location. The company's 2019 revenue is expected to be around $100 million, Motorola said.

Motorola said the acquisition will expand its command-center software portfolio.

Motorola Solutions shares were down 0.3% to $115.24 Monday morning.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

January 07, 2019 10:53 ET (15:53 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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