Kodiak Networks, a privately held provider of broadband push-to-talk (PTT) and mainly for commercial customers, has been acquired by Motorola Solutions Inc (NYSE:MSI). The acquisition comes as an addition to Motorola Solutions’ existing WAVE PTT portfolio, which is currently very popular for its high performance and flexibility. Kodiak, which more often than not partners with global mobile network operators provides cloud-based PTT solution and management platform.
WAVE enables communication between different gadgets including Smartphones, radios, and computers by giving a linkage to disparate networks.
Motorola Solutions’ strategy for revenue growth
The leading provider of mission-critical communication solutions is building its communications and cooperation software portfolio, which it shall use to remain relevant in the market. Furthermore, Kodiak has a significant presence and reputation courtesy of its carrier-integrated solutions.
The executive VP, Products and Services of Motorola Solutions, Bruce Brda outlines, “In the quickly evolving space of broadband PTT, we expect the Kodiak acquisition to expand our offerings and strengthen our ability to provide solutions to mobile network operators, especially for commercial markets.”
Kodiak’s proven expertise in communications solutions
The company, which was founded in 2001, allows organizations to access its broadband data capabilities in a cost-effective way. It has a large carrier-integrated PTT global subscriber base, thanks to its proven expertise in meeting the demanding communication solutions for its commercial customers. It has also been on course with the reliability and performance needs of the large mobile network operators.
The chief executive officer, of Kodiak, John Vice says that they are excited about Motorola Solutions’ new move, which will facilitate expansion in an effort to reach other PTT communications platforms. Kodiak networks are known to distribute dependable performance over 4G LTE, Wi-Fi, and 3G networks. Its platforms also support a large enterprise of productivity applications.
In the meantime, Motorola Solutions’ stock closed at $86.16 witnessing an increase of $0.12 or 0.14%.
