Motorola Solutions

Develops mass communication products worldwide.

Launch date

Jan 2011

Employees

Market cap

Enterprise valuation

€71.6b (Public information from Sep 2024)

Chicago Illinois (HQ)

http://www.motorolasolutions.com/en_us/about/company-overview/ventures.html

https://twitter.com/motosolutions https://www.facebook.com/MotorolaSolutions https://www.linkedin.com/company/1771432

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	7.4b	8.2b	9.1b	10.0b	10.8b	11.4b	12.1b
% growth	(6 %)	10 %	12 %	10 %	8 %	6 %	6 %
EBITDA	1.8b	2.2b	2.2b	2.9b	3.4b	3.7b	4.0b
% EBITDA margin	24 %	27 %	24 %	29 %	31 %	32 %	33 %
Profit	949m	1.2b	1.4b	1.7b	1.5b	2.1b	2.5b
% profit margin	13 %	15 %	15 %	17 %	14 %	19 %	20 %
EV / revenue	4.4x	6.1x	5.2x	5.6x	7.2x	6.8x	6.3x
EV / EBITDA	18.1x	22.6x	21.9x	19.7x	23.0x	21.2x	19.2x
R&D budget	686m	734m	779m	858m	-	-	-
R&D % of revenue	9 %	9 %	9 %	9 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Jan 2011	N/A	N/A Valuation: $11.0b	IPO
Oct 2014	Zebra Technologies	$3.5b Valuation: $3.5b	Acquisition
Aug 2015	Silver Lake Partners	$1.0b	Post IPO Equity
Jul 2023*	Davidson Investment Advisors	N/A	Post IPO Equity
Nov 2023*	Bridgewater Associates	$6.1m	Post IPO Equity
Total Funding		-

ACQUISITION by Irisity Sep 2021

ACQUISITION by Metaswitch Networks Feb 2017

exited

ACQUISITION by Vitec Group Nov 2018

ACQUISITION by Infobip May 2021

ACQUISITION by Canon May 2018

ACQUISITION by SK Group Dec 2011

ACQUISITION by Motorola Solutions Sep 2010

ACQUISITION by Parrot Jul 2011