Motorola Solutions Invests in Fixmo to Boost Device Security
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Motorola Solutions Inc., the U.S. maker of walkie-talkies and radio-tracking scanners, is investing in software developer Fixmo Inc., which works with the U.S. National Security Agency, to bolster device safety.
The spending will be in the typical range of $1 million to $5 million and funded through Motorola Solutions Venture Capital, said Tony Palcheck, managing director of the unit. The Schaumburg, Illinois-based company aims to work Fixmo’s expertise into its equipment and is open to increasing its investment should that be sought, he said.