Motorola Solutions to seek out Israeli start-ups at new innovation centerApr. 17, 2016
Active in Israel for over half a century, Motorola Solutions, the non-cellphone “twin” of the legendary electronics firm, announced that it was opening an innovation center in Israel.
The company already has several hundred employees at a research and development center in the Tel Aviv area, which aims at finding and developing deals with Israeli start-ups, the company said.
At the announcement of the new facility Wednesday night, Prime Minister Benjamin Netanyahu met with Motorola Solutions Chairman and CEO Greg Brown, who said that the center would seek out start-ups and technology in the areas of cyber-security, big data analytics, mobile tech and the Internet of Things tech.
“You’re in the right place, in the right country, in the right business,” said Netanyahu. “That’s a very good match. I hope that other multinational companies in the development of technologies come to Israel — because they’ll benefit.”
Motorola Solutions is one of the “twins” created when telecom firm Motorola split in 2011; the other “twin” is Motorola Mobile. A mere seven months later, the mobile company was bought by Google for $12.5 billion — only to be sold to Lenovo in 2014 for $2.9 billion (although Google did retain most of the company’s valuable patent portfolio).
Solutions, meanwhile, remains intact, and concentrates on enterprise level and homeland security communications solutions. Motorola Inc. — as it was known back then — was the first American company to set up shop in Israel in 1948, when a local firm represented the company at the dawn of Israel’s birth. The company set up its own R&D lab in Israel in 1964, long before any other multinational got the idea. It was Motorola’s first foray outside the US.