PROSPECTUS SUMMARY
This summary highlights information contained elsewhere in this prospectus and the documents incorporated by reference. This summary does
not contain all of the information that you should consider before deciding to invest in our notes or common stock. You should read this entire prospectus carefully, including the Risk Factors beginning on page 10 of this prospectus and
our consolidated financial statements and the related notes and other documents incorporated by reference, before you decide to invest in our notes or common stock.
Motorola Solutions, Inc.
Motorola
Solutions is a global leader in public safety and enterprise security. Our technologies in Land Mobile Radio Communications (LMR or LMR Communications), Video Security and Access Control (Video) and Command
Center, bolstered by managed and support services, help make communities safer and businesses stay productive and secure. We serve more than 100,000 public safety and commercial customers in over 100 countries, providing purpose-built
solutions designed for their unique needs, and we have a rich heritage of innovation focusing on advancing global safety for more than 90 years.
We manage our business organizationally through two segments: Products and Systems Integration and Software and
Services. Within these segments, we have principal product lines that also follow our three major technologies: LMR Communications, Video and Command Center. In January 2023, we began using Command Center as a naming convention, eliminating
the Software descriptor from Command Center Software in order to inform investors that the Company has software components more broadly across all technologies; this name change does not require any financial information to be
reclassified from previous periods.
The Company has invested across these three technologies, evolving the Companys LMR focus to
purposefully integrate software, video security and access control solutions for public safety and enterprise customers globally.
Our
strategy is to generate value through the integration of critical communications, video security, access control and data and analytics. While each technology individually strives to make users safer and more productive, we believe we can enable
better outcomes for our customers when we unite these technologies as one connected system. Our goal is to help remove silos between systems, unify data, streamline workflows, and simplify operations for our customers. Across all three technologies,
we offer cloud-based solutions, cybersecurity services, software and subscription services, as well as managed and support services.
Motorola Solutions is a corporation organized under the laws of the State of Delaware as the successor to an Illinois corporation, Motorola,
Inc., organized in 1928. The Company changed its name from Motorola, Inc. to Motorola Solutions, Inc. on January 4, 2011. The Companys principal executive offices are located at 500 W. Monroe Street, Chicago, Illinois 60661 (telephone
number (847) 576-5000).
Silver Lake Transaction
On September 5, 2019, we entered into an investment agreement with Silver Lake Alpine, L.P. and Silver Lake Alpine (Offshore Master), L.P.
(the Silver Lake Entities), relating to the issuance to an affiliate of the Silver Lake Entities of $1 billion principal amount of 1.75% Convertible Senior Notes, due 2024. The transaction also closed on September 5, 2019. In
connection with the closing, we entered into an indenture, dated September 5, 2019, with The Bank of New York Mellon Trust Company, N.A., pursuant to which the notes were issued.
5