M&A Deal Summary

Motorola Solutions Acquires Futurecom Systems Group

On October 25, 2022, Motorola Solutions acquired technology hardware company Futurecom Systems Group

Acquisition Highlights
  • This is Motorola Solutions’ 7th transaction in the Technology Hardware sector.
  • This is Motorola Solutions’ 2nd transaction in Canada.
  • This is Motorola Solutions’ 1st transaction in Ontario.

M&A Deal Summary
Date 2022-10-25
Target Futurecom Systems Group
Sector Technology Hardware
Buyer(s) Motorola Solutions
Deal Type Add-on Acquisition

Target

Futurecom Systems Group

Concord, Ontario, Canada
Futurecom Systems Group is a provider of radio coverage extension solutions for public safety agencies. The group designs and manufactures in-vehicle, fixed, and portable radio frequency (RF) repeaters and extenders exclusively for Motorola Solutions. These complementary products are critically important to public safety agencies, serving as vital communication “hotspots” to extend and enhance land mobile radio coverage across vast and remote areas without nearby radio towers. Futurecom Systems Group is based in Concord, Ontario.

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Buyer(S) 1

Buyer

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 36 of 41
Sector (Technology Hardware) 7 of 8
Type (Add-on Acquisition) 32 of 37
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2022) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-12 Videotec

Schio, Italy

Videotec’s fixed and Pan, Tilt, and Zoom (PTZ) cameras are designed to withstand the extreme conditions and hazardous environments of critical infrastructure, specifically ports, energy, and transportation, where video security is imperative. Videotec was founded in 1986 and is based in Schio, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-14 Rave Mobile Safety

Framingham, Massachusetts, United States

Rave Mobile Safety is a safety software partner, provides critical communication and data platform to education and healthcare institutions, enterprises and state and local public safety agencies. Rave Mobile Safety was founded in 2004 and is headquartered in Framingham, Massachusetts.

Buy -
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