Company

Airbus completes sale of Plant Holdings, Inc. to Motorola Solutions

Airbus SE (stock exchange symbol: AIR) has finalised the sale of Plant Holdings, Inc., which holds the Airbus DS Communications Inc. business, to Motorola Solutions (NYSE: MSI) after receiving the required regulatory approvals.

This divestment 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.