U.K. agency clears Motorola Solutions' acquisition of Airwave
SCHAUMBURG - The United Kingdom's Competition and Markets Authority has unconditionally cleared Motorola Solutions' acquisition of Airwave. The announcement by the CMA concludes its investigation.
Motorola Solutions completed its acquisition of Airwave, the largest private operator of a public safety network in the world, on Feb. 19, 2016 for approximately $1 billion in cash. In addition, a deferred cash payment of approximately $90 million will be made in November 2018.
Airwave, based in Slough, England, provides a communications network for the U.K.'s emergency fire, police and ambulance services, according to its website.
Airwave delivers voice and data communications to more than 300 emergency and public service agencies in Great Britain, including police, fire, rescue and ambulance services. Motorola Solutions has been a trusted, reliable communications partner to the emergency services community in Great Britain for more than 45 years. Recently, the UK Home Office awarded Motorola Solutions a long-term contract for the user services (Lot 2) for the Emergency Services Network (ESN), the future public safety network based on long-term evolution (LTE) technology.