M&A Deal Summary

Continental Acquires Motorola Solutions - Automotive Electronics Business

On April 3, 2006, Continental acquired technology hardware company Motorola Solutions - Automotive Electronics Business from Motorola Solutions for 1.0B USD

Acquisition Highlights
  • This is Continental’s 1st transaction in the Technology Hardware sector.
  • This is Continental’s 2nd largest (disclosed) transaction.
  • This is Continental’s 1st transaction in the United States.

M&A Deal Summary

Date 2006-04-03
Target Motorola Solutions - Automotive Electronics Business
Sector Technology Hardware
Buyer(s) Continental
Sellers(s) Motorola Solutions
Deal Type Divestiture
Deal Value 1.0B USD

Target

Motorola Solutions - Automotive Electronics Business

United States
Motorola Solutions, Inc. - Automotive Electronics Business includes Motorola's controls, sensor, interior electronics and telematics businesses.

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Buyer(S) 1

Buyer

Continental

Hanover, Germany

Category Company
Founded 1871
Sector Manufacturing
Employees200,888
Revenue 41.4B EUR (2023)
DESCRIPTION

Continental will expand its global industrial business via a significant acquisition: The international automotive supplier, tire manufacturer and industrial partner headquartered in Hanover, Germany. Continental was founded in 1871 and is based in Hanover, Germany.


DEAL STATS #
Overall 2 of 21
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 7
Country (United States) 1 of 7
Year (2006) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1986-01-01 Continental Emitec

Lohmar, Germany

Continental Emitec GmbH is a specialist manufacturer of metallic catalytic converter substrates and more recently of selective catalytic reduction dosing systems. It serves car, truck, and motorcycle manufacturers; and non-road sector producers of tractors, agricultural machinery, construction equipment, ship engines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-03 Siemens VDO Automotive AG.

Hanover, Germany

Siemens VDO Automotive AG, engages in the production and supply of automotive electronics and mechatronics.

Buy -

Seller(S) 1

SELLER

Motorola Solutions

Chicago, Illinois, United States

Category Company
Founded 1928
Sector Technology Hardware
Employees21,000
Revenue 10.0B USD (2023)
DESCRIPTION
Entrance to Motorola Solutions' corporate campus in Schaumburg, Illinois.
Entrance to Motorola Solutions' corporate campus in Schaumburg, Illinois.

Motorola Solutions designs, manufactures, and sells communications infrastructure, devices, system software and applications, and provides services associated with their use. Motorola Solutions was founded in 1928 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 4
Sector (Technology Hardware) 1 of 3
Type (Divestiture) 1 of 4
Country (United States) 1 of 4
Year (2006) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-28 Access Spectrum

Bethesda, Maryland, United States

Access Spectrum, LLC in 2000 in partnership with Motorola and the Industrial Telecommunications Association is a lessor of private spectrum to wireless users such as corporations, government agencies and dealers representing third-party industrial users. Access' private spectrum enables its users to maintain regular and reliable communication while eliminating dependance on carrier bandwidth.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-06 Netopia

Emeryville, California, United States

Netopia, Inc. develops and provides broadband customer premises networking equipment and carrier-class software for the remote management of broadband services and equipment.

Buy -