Deals
Motorola Said in Advanced Talks to Buy U.K.’s Airwave Solutions
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Motorola Solutions Inc. is in advanced talks to acquire Airwave Solutions Ltd., a U.K. communication services provider, as it seeks to build out its software and services business, said people with knowledge of the matter.
Airwave, which is controlled by Macquarie Group Ltd., could fetch about 1 billion pounds ($1.6 billion), one of the people said, asking not to be named as the details aren’t public. Talks are ongoing and the deal may still fall through, in part due to Airwave’s complex shareholder structure, they said.