Motorola Solutions IncMotorola acquires D-Fend for $1.5B, adding counter-drone tech and cross-selling opportunities.
Motorola Solutions is acquiring counter-drone technology firm D-Fend Solutions in a deal valued at $1.5 billion. The acquisition adds D-Fend's counter-unmanned aerial systems capabilities, which can detect and safely take control of unauthorized drones and direct them to a designated landing area, to Motorola's public-safety portfolio. D-Fend's technology is deployed across airports, critical infrastructure, stadiums, military bases and borders in more than 30 countries, creating cross-selling opportunities for Motorola. The company faces competition from Axon Enterprise and RTX Corporation in the counter-drone space. Motorola stock has declined 2.4% over the past year, and its shares trade at 25.58 times forward earnings, below the wireless equipment industry's 31.44.
Motorola Solutions IncMotorola acquires D-Fend for $1.5B, adding counter-drone tech and cross-selling opportunities.
Axon Enterprise Inc.Motorola's acquisition of D-Fend strengthens its counter-drone offering, intensifying competition for Axon.
RTX CorporationMotorola's acquisition of D-Fend intensifies competition in the counter-drone space, challenging RTX.
NVIDIA CorporationD-Fend is being acquired for $1.5B, a positive outcome for its shareholders.