Silver Lake bets $1 billion on Motorola Solutions

[Wireless News]

http://l3.yimg.com/bt/api/res/1.2/SqsE8qsD3kW8hwaLCbK0bg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2015-08-05T120950Z_2_LYNXNPEB740IL_RTROPTP_2_USA.JPG (http://news.yahoo.com/silver-lake-bets-1-billion-motorola-solutions-161705329--sector.html)(Corrects analyst name in paragraph 9 to "Tavis" from "Travis" in Aug. 5 story) By Devika Krishna Kumar (Reuters) - Motorola Solutions Inc said private equity firm Silver Lake would invest $1 billion in the maker of walkie-talkies and radio systems as it looks to boost growth in its services business, which includes video monitoring and data analytics. Motorola Solutions, whose shares were up 6 percent in early trading on Wednesday, also said it planned a $2 billion buyback. The investment is one of the largest ever by Silver Lake, which led a $24.9 billion deal to take Dell Inc private in 2013.



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