Motorola Agrees to Acquire Radio Maker Silvus for $4.4 Billion

Motorola Solutions Inc. has agreed to buy closely held wireless-radio maker Silvus Technologies Inc. from TJC for $4.4 billion in its second-biggest acquisition.

The deal provides for about $4.38 billion in cash and approximately $20 million in restricted stock to certain employee equity holders, according to a statement Tuesday. Silvus also has the potential to receive a performance earnout of up to $600 million in the aggregate over consecutive 12-month periods ending in 2027 and 2028.

The transaction is expected to close in the third or fourth quarter, subject to regulatory approvals, Motorola said in the statement.

Bloomberg News reported ...