Communications and telecom provider Motorola Solutions is set to resume its investment activity in Israel through its corporate venturing unit, according to Israeli business newspaper Globes, with Boaz Or-Shraga, formerly manager of the firm’s engineering division, set to head up operations.
Prior to its split into two companies in 2010, Motorola conducted activities in Israel through its Motorola Ventures investment unit, but Motorola Solutions has not operated in the country since then.
Motorola Solutions Venture Capital told Globes in a statement: "The company has decided to seek investment opportunities in companies operating in Israel that have strategic value."