Plant Holdings, Inc. holds the Airbus DS Communications business
Amsterdam, 28 July 2017 - Airbus SE (stock exchange symbol: AIR) has executed a definitive agreement under which Motorola Solutions (NYSE: MSI) will acquire Plant Holdings, Inc., which holds the Airbus DS Communications business.
This agreement is part of the portfolio reshaping within the Airbus Defence and Space Division announced in September 2014.
Airbus DS Communications is a leading provider in North America of command centre software for fielding emergency calls (911) and citizen emergency notification. It generated revenues of more than US$100 million in 2016.
Completion of the transaction, which is expected by the end of 2017, will be subject to customary closing conditions, including regulatory approvals.
Airbus is a global leader in aeronautics, space and related services. In 2016, it generated revenues of €67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as Europe's number one space enterprise and the world's second largest space business. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.
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