SCHAUMBURG, Ill.-Motorola Inc. signed a definitive agreement to purchase all of the common stock and common stock equivalents of software supplier Printrak International Inc. in a cash-for-stock merger valued at approximately $160 million.
“Our public-safety customers are seeking increasingly sophisticated command and control solutions that integrate the radio network console, computer-aided dispatch and record management systems,” noted Robert Barnett, executive vice president of Motorola and president of the company’s Commercial, Government and Industrial Solutions Sector. “This acquisition is designed to address that growing need.”
