financetom
Technology
financetom
/
Technology
/
Motorola Solutions To Create 200 High-Skilled Jobs With New R&D Center In Ireland: Details
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Motorola Solutions To Create 200 High-Skilled Jobs With New R&D Center In Ireland: Details
Jul 8, 2024 4:25 AM

Motorola Solutions, Inc. ( MSI ) unveiled plans to open a new Research and Development center in Cork, Ireland, which is predicted to generate 200 high-skilled jobs.

The focus will initially be on designing software for the company’s land mobile radio (LMR) portfolio, with potential expansion into other technologies.

Motorola Solutions’ new R&D center in Cork’s city center expands its existing presence in Ireland, focusing on providing secure communications networks for emergency services, including Ireland’s National Digital Radio Service.

Over the past decade, Motorola Solutions ( MSI ) has invested more than $12 billion in research and acquisitions. Their array of technologies focuses on enhancing safety and security, with LMR serving as a cornerstone.

The company has rolled out over 13,000 LMR networks globally, trusted by governments and businesses for secure communications in demanding conditions.

Greg Brown, chairman and CEO, Motorola Solutions ( MSI ) said, “Our new center in Cork will contribute to advancing our future vision for LMR, while building upon the collective impact of our more than 20,000 employees who are innovating what’s next for our customers around the world.”

U.S. Ambassador to Ireland, Claire D. Cronin, stated, “Today’s announcement of its new Research and Development Center in Cork marks a significant step forward in the company’s commitment to Ireland and in further expanding its innovation footprint in technology that plays a vital role around the world to help keep people safe, today and in the future.”

Also Read: Motorola Buys Noggin to Boost Operational Resilience

As of March 30, the company’s cash and cash equivalent stood at $1.51 billion.

Price Action: MSI shares closed higher by 0.28% at $386.87 on Friday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Check Out What Whales Are Doing With INTC
Check Out What Whales Are Doing With INTC
Feb 3, 2025
Investors with a lot of money to spend have taken a bearish stance on Intel ( INTC ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
IBM Options Trading: A Deep Dive into Market Sentiment
IBM Options Trading: A Deep Dive into Market Sentiment
Feb 3, 2025
Deep-pocketed investors have adopted a bullish approach towards IBM ( IBM ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in IBM ( IBM ) usually suggests something big is about to happen. We gleaned...
Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Feb 3, 2025
In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing Apple ( AAPL ) alongside its primary competitors in the Technology Hardware, Storage & Peripherals industry. By meticulously examining crucial financial indicators, market positioning, and growth potential,...
Samsung's Jay Y. Lee Acquitted, Shifting Focus To Business Challenges
Samsung's Jay Y. Lee Acquitted, Shifting Focus To Business Challenges
Feb 3, 2025
Seoul High Court on Monday acquitted consumer electronics company Samsung Electronics Co ( SSNLF )  executive Chair Jay Y. Lee of fraud and stock-rigging charges. The ruling removes a legal hurdle for Lee as Samsung navigates business challenges. Lee has faced graft allegations since 2017, Bloomberg reports. Also Read: Samsung Taps Google AI, Qualcomm Tech for Galaxy S25 to Rival Apple’s iPhone...
Copyright 2023-2026 - www.financetom.com All Rights Reserved