Motorola Solutions quarterly profit nearly doubles

[Wireless News]

http://l1.yimg.com/bt/api/res/1.2/8iryG4ODILuU.if61nSz.Q--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_us/News/Reuters/2015-11-04T121124Z_1_LYNXNPEBA30LW_RTROPTP_2_MOTOROLA-SINGAPORE.JPG (http://news.yahoo.com/motorola-solutions-quarterly-profit-nearly-doubles-121124030--sector.html)(Reuters) - Motorola Solutions Inc, a maker walkie-talkies and radio systems, reported a near-doubling in quarterly profit, helped by lower costs and higher sales of its products. Motorola Solutions - unrelated to cellphone and set-top box maker Motorola Mobility, which is owned by China's Lenovo - has been cutting costs aggressively in the face of sluggish sales. Motorola Solutions said earlier this year that private equity firm Silver Lake would invest $1 billion in the company to boost its services business, which also serves governments, businesses and public safety organizations.



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