Motorola receives US$1bil investment from Silver Lake: NYT

Shot in the arm: Motorola has received US$1bil from Silver Lake to help speed its transition to a broader emergency communications platform. Photo: Reuters

Walkie-talkie and radio systems maker Motorola Solutions Inc has received US$1bil (RM3.87bil) in investment from private equity firm Silver Lake, the New York Times reported. 

Motorola hopes Silver Lake will help accelerate its transition from selling only radios that police officers, fire departments and other emergency workers use, to a broader emergency communications platform, the newspaper reported.