Motorola's $1.5 Billion D-Fend Acquisition Reignites Its Direct Competition with Axon Enterprises
On June 1, mission-critical public safety juggernaut Motorola Solutions (NYSE: MSI) acquired counter-drone technology specialist D-Fend Solutions for $1.5 billion. I find that deal interesting for a few reasons. First, D-Fend's operations complement Motorola's expertise with various radio frequency (RF) capabilities, which reside in the company's leading land-mobile radio (LMR) networks and quickly growing mobile ad hoc networks (MANET) unit. D-Fend uses "advanced RF cyber-takeover technology" to safely mitigate unauthorized drone activity at airports, stadiums, military bases, and other critical locations. Said another way, through this acquisition of a company with complementary technology, Motorola should be able to expand its leadership in the public safety niche.
Second, the D-Fend purchase further pits Motorola and Axon Enterprise (NASDAQ: AXON) against each other as direct competitors in the public safety industry. However, even though the companies are going head-to-head in public safety, I don't think investors necessarily need to try to pick a "winner" between the two.
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Source Fool.com
Motorola Solutions Stock
With 12 Buy predictions and not the single Sell prediction the community is currently very high on Motorola Solutions.
With a target price of 454 € there is a slightly positive potential of 11.88% for Motorola Solutions compared to the current price of 405.8 €.
