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NASHVILLE, Tenn. & PRINCETON, N.J.--(BUSINESS WIRE)--Growth equity firm Edison Partners announced today the exit of its investment in RapidDeploy to Motorola Solutions, the leading provider of cloud-native next-generation 911 mapping, mobile and analytics solutions for public safety agencies. Financial terms were not disclosed. Read Motorola Solutions' announcement here. The Austin, TX-based company empowers public safety agencies across the United States with real-time intelligence to enhance.
CHICAGO--(BUSINESS WIRE)--Motorola Solutions (NYSE: MSI) has acquired RapidDeploy, a complementary cloud-native 911 solution provider for public safety, based in Austin, Texas. RapidDeploy's advanced Next Generation 911 (NG911) product suite accelerates emergency response and enhances decision-making. The suite includes Radius Mapping, precise real-time call location mapping that allows for faster and more focused dispatch of emergency resources. Its companion mobile application, Lightning, giv.
SAO PAULO, Brazil--(BUSINESS WIRE)--FairCom and Motorola Solutions expand their ongoing partnership internationally by co-hosting a dev team training event for their Brazilian teams that support Motorola's Flex public safety software suite. The event marked a significant milestone in FairCom's commitment to supporting the technical expertise of the Flex development team outside of its American home base. The in-person workshops allowed FairCom's senior engineers to work directly alongside Motor.
FedRAMP High Authorization will strengthen Motorola's collaboration with U.S. Government agencies and improve its commercial prospects.
Motorola posted $10.8B in annual revenue, growing at 8.4%, driven by a 10% increase in products and systems. Management reaffirmed the 2025 growth outlook of 5.5%, with a favorable environment due to U.S. security emphasis. I expect GAAP operating margins to converge at 27% by 2027 and keep expanding as customers move to the cloud.
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Victoria Government extends contract with Motorola till 2035 to upgrade the state's radio communication infrastructure and support frontline workers.
Driven by healthy demand trends across both segments, MSI surpasses fourth-quarter 2024 earnings estimates.
Motorola Solutions, Inc. (NYSE:MSI ) Q4 2024 Results Conference Call February 13, 2025 5:00 PM ET Company Participants Tim Yocum - Vice President of Investor Relations Greg Brown - Chairman and Chief Executive Officer Jason Winkler - Executive Vice President and Chief Financial Officer Jack Molloy - Executive Vice President and Chief Operating Officer Mahesh Saptharishi - Executive Vice President and Chief Technology Officer Conference Call Participants Alyssa Ann Shreves - Barclays Joseph Cardoso - JPMorgan Keith Housum - Northcoast Research Louie DiPalma - William Blair Tomer Zilberman - Bank of America Operator Good afternoon, and thank you for holding. Welcome to the Motorola Solutions Fourth Quarter 2024 Earnings Conference Call.
The headline numbers for Motorola (MSI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.