Motorola Solutions to acquire Silvus Technologies for $4.4B in cash and stock

Motorola Solutions, Inc.

Upfront consideration $4.4B: ~$4.38B cash + ~$20M restricted stock; earnouts up to $600M total payable in stock.
Silvus provides MANET technology for secure comms without fixed infrastructure; serves military, law enforcement, autonomous systems.
Financing includes $2.5B term loan commitments from Bank of America, Mizuho, Deutsche Bank; expected to be replaced.
Closing subject to HSR, other regulatory approvals, NYSE listing; outside date Nov 28, 2025 with automatic extensions.

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