Motorola Solutions, Inc. acquired Twisted Pair Solutions, Inc. from Chart Venture Partners, Core Capital Partners, Ignition Partners and other shareholders for $36 million.
January 01, 2014
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Motorola Solutions, Inc. (NYSE:MSI) acquired Twisted Pair Solutions, Inc. from Chart Venture Partners, Core Capital Partners, Ignition Partners and other shareholders for $36 million in cash during the fourth quarter 2013. the purchase price is net of cash acquired. Twisted Pair will operate as a wholly owned subsidiary of Motorola Solutions and will be integrated into Motorola Solutions' Government Solutions business. Alan Smith, Matthew Karwoski, Nam Kim, Elena Coleman, Marshall Mort, Christopher Joslyn and Sue Lai of Fenwick & West, LLP acted as legal advisor for Twisted Pair Solutions. The McLean Group acted as financial advisor to Twisted Pair Solutions, Inc. Andrew W. Shawber and Mark F. Worthington of Summit Law Group PLLC and John P. Tamisiea of McDermott Will & Emery LLP acted as the legal advisor for Motorola Solutions, Inc.
Motorola Solutions, Inc. (NYSE:MSI) completed the acquisition of Twisted Pair Solutions, Inc. from Chart Venture Partners, Core Capital Partners, Ignition Partners and other shareholders during the fourth quarter of 2013.
Motorola Solutions, Inc. specializes in designing, producing, and selling communication equipment for administrations and businesses. The activity is organized primarily around 5 families of products:
- portable assistants and computers;
- mobile terminals;
- wireless network infrastructures;
- private radio systems;
- barcode scanners.
Net sales break down by source of income into sale of products (58.9%) and services (41.1%).
Net sales are distributed geographically as follows: the United States (65.9%), the United Kingdom (8.7%), Canada (4%) and other (21.4%).
Motorola Solutions, Inc. acquired Twisted Pair Solutions, Inc. from Chart Venture Partners, Core Capital Partners, Ignition Partners and other shareholders for $36 million.
MOTOROLA SOLUTIONS, INC. 
