Motorola Announces $5-Billion Acquisition of Los Angeles-Based Silvus Technologies
'Silvus' commitment to mission-critical communication infrastructure is crucial in an increasingly complex global landscape,' said Erik Fagan, partner and head of industrial technology at TJC, in a statement. He noted that TJC acquired the company in 2019, and it grew from 70 employees to more than 350 employees since then.
Silvus was founded in 2004. Its technology is primarily used in government, unmanned systems (air, sea and ground), robotics, law enforcement, and other critical commercial and industrial applications.
Mayer Brown LLP served as legal counsel to TJC on the transaction, and Morgan Stanley & Co. LLC served as financial advisor.
Information for this article was sourced from TJC LP.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
2 hours ago
- Time Business News
How 9 Figure Media Is Redefining Modern Marketing and Branding in 2025
In 2025, the world of marketing and branding moves at a relentless pace, driven by digital platforms, shifting consumer behaviours, and an insatiable demand for authenticity. Amid this whirlwind, 9-Figure Media, a California-based digital PR agency, has carved out a distinct space, reshaping how brands connect with audiences. Known equally as a lifestyle PR agency, the firm blends strategic storytelling with data-driven precision, offering a fresh approach to an industry often criticised for its formulaic tactics. Let's explore how they are setting new benchmarks, drawing on their unique use of press releases, client-centric strategies, and a commitment to measurable outcomes. The role of a digital PR agency has evolved significantly since the early days of social media marketing. No longer just about securing media placements, these agencies now orchestrate complex campaigns that span platforms, formats, and audience segments. 9 Figure Media stands out in this crowded field, emphasising authenticity over polished perfection. For instance, their campaign for organic skincare brand Pureance saw a 47% increase in organic website traffic within three months, driven by targeted publications on Elle Canada and CosmopolitanME. 9-Figure Media's strategic PR efforts helped us secure top-tier media coverage and position Pureance as a trusted brand, significantly boosting our recognition and sales.' – Founder, Pureance What makes them different? It's their refusal to rely on one-size-fits-all solutions. Instead, they tailor campaigns to reflect a brand's unique voice. 'We don't just pitch stories; we build narratives that resonate,' says the CMO, whose background in journalism and marketing informs the agency's editorial approach. This philosophy has attracted clients ranging from tech startups to luxury wellness brands, all seeking a digital PR agency that can deliver both visibility and credibility. Yet, the success of this digital PR agency isn't without challenges. Some industry insiders question whether their hyper-customized strategies can scale for all corporations. From all indications, client testimonials say 'yes! As a lifestyle PR agency, 9FigureMedia excels at crafting campaigns that feel personal, even intimate. Whether promoting a boutique fitness brand or a plant-based food startup, the agency taps into cultural trends with precision. Their campaign for a certain wellness app, for example, used press releases to highlight user testimonials, resulting in a 40% spike in app downloads in Q1 alone. Their process is methodical yet creative. Here's how they approach lifestyle branding: Audience Research : Using tools like Nielsen and proprietary analytics, they identify niche audience segments. : Using tools like Nielsen and proprietary analytics, they identify niche audience segments. Story Development : They craft narratives that align with cultural moments, like the rise of 'quiet luxury' in 2025. : They craft narratives that align with cultural moments, like the rise of 'quiet luxury' in 2025. Multichannel Execution : Social media and experiential events work in tandem to amplify impact. : Social media and experiential events work in tandem to amplify impact. Measurement: They track metrics like engagement rates and conversion lift, ensuring campaigns deliver ROI. This structured yet flexible approach has earned them accolades. They have been named a 'Top Lifestyle PR Agency to Watch,' citing their ability to 'blend heart and hustle.' The press release remains a cornerstone of 9 Figure Media's strategy, even as some question its relevance in a digital-first world. Far from outdated, it has evolved into a dynamic tool for storytelling and SEO. According to a 2024 study by Cision, 68% of journalists still rely on press releases for story ideas, and 9 Figure Media capitalises on this. Their press releases are anything but boilerplate. Each is crafted with a journalist's eye, prioritising clarity and newsworthiness. 'We treat every press release like a mini-article ,' Dan explains. 'It has to inform, not just promote.' However, the agency's strategic use of press releases and immersive storytelling isn't without critique. Some argue it diverts resources from newer formats like video content. Still, this digital PR agency's results of securing over 1,400 media placements for clients in 2024 suggest their approach resonates. One of 9 Figure Media's core strengths as a digital PR agency is the ability to merge creativity with analytics. This balance is even more critical now that every brand needs to justify every penny spent. The agency uses tools like Google Analytics, HubSpot, and custom dashboards to track campaign performance in real time. Data alone doesn't tell the story, so their creative team of journalists and content creators ensures campaigns feel human. For instance, in their work for Gia Borghini, a luxury footwear brand, they paired storytelling with a targeted media campaign on Forbes, sparking a viral website visit and collaboration with high-value partners. 'Working with 9-Figure Media was a game-changer for our brand. Their expertise landed us a Forbes feature that skyrocketed our credibility and opened doors to new partnerships. My vision is now celebrated industry-wide, and our brand stands stronger than ever in the luxury space,' says Barbara Borghini This dual focus has its tensions. Some clients prioritize metrics over storytelling, while others want bold, risky campaigns that don't always guarantee ROI. Navigating these demands requires finesse, and 9-Figure Media does not stumble. 'It's not just about numbers,' says creative director Kheengs. 'It's about making people feel something.' As a lifestyle PR agency, 9FigureMedia doesn't just shape brands; they influence cultural conversations. Their campaigns often reflect not just business but broader societal shifts, from sustainability to mental health awareness. A 2024 PR Trust Barometer report found that 81% of consumers expect brands to take a stand on social issues, and 9FigureMedia's clients are positioned to meet this demand. Yet, this influence comes with responsibility. A 2024 press release for a fashion client touting 'ethical production' was scrutinised when supply chain issues surfaced. 9-Figure Media responded by advising the client to pause the campaign, a decision that preserved credibility but underscored the tightrope they walk. As 2025 unfolds, 9 Figure Media faces new hurdles. The digital PR agency landscape is fiercely competitive, with top PR firms investing heavily in AI-driven PR tools. Can 9FigureMedia's human-centric model keep up? Dan is optimistic but pragmatic. 'Technology is a tool, not a replacement for insight,' he says. Still, the agency has begun experimenting with AI for audience segmentation, a shift that could redefine its workflows. Meanwhile, as a lifestyle PR agency, they must stay ahead of cultural trends. In 2025, with Gen Z driving 40% of consumer spending (per a McKinsey report), they're doubling down on platforms like TikTok, Instagram, and Tumblr. Their press releases now often include multimedia embeds, catering to journalists' demand for rich video content. To date, 9 Figure Media's impact is undeniable. Their ability to blend strategy, storytelling, and data has made them a go-to digital PR agency and lifestyle PR agency for brands seeking relevance in a noisy world. TIME BUSINESS NEWS
USA Today
3 hours ago
- USA Today
Publix Super Markets declares Q3 dividend of 11.05 cents per share, payable August 1
The board of directors for the Florida-based Publix Super Markets Inc. declared the third-quarter dividend on July 1 at 11.05 cents per share on its common stock, a company news release said. The dividend, the same as the second-quarter dividend paid on May 1, will be paid on Aug. 1 to stockholders of record as of the close of business on July 15. Stockholders receive the dividend either through direct deposit or by mail as a check. Who can buy Publix stock? Publix is a privately owned company, and its common stock is not publicly traded on a stock exchange. Only current workers and members of the Publix board can purchase Publix stock. The current stock price was set on May 1 at $20.20 per share. Who sets the Publix stock price? The board sets the company's stock price by comparing Publix's financial results and stock price to comparable peers that are publicly traded. In April 2022, the company enacted a 5-for-1 stock split, meaning for each share a stockholder had, they received four more. The price was adjusted from $68.80 to $13.76 per share. As of Feb. 4, about 247,000 Publix employees were common stockholders of record, according to Publix's annual 2024 Form 10-K report. A philosophy of employee ownership Publix was founded in 1930 in Winter Haven, Florida by George W. Jenkins, an innovator who believed in profit sharing and employee ownership with cashiers, baggers, butchers, deli clerks and bakers. Jenkins believed the issuance of stock was a means to motivate and empower his employees, who would then 'treat customers like royalty,' the Publix website said. Publix is one of the 10 largest-volume supermarket chains in the United States. Its retail sales in 2024 reached $59.7 billion. The grocer employs more than 260,000 people. Publix operates 1,411 store locations, 10 distribution centers and 10 manufacturing facilities across eight states in the Southeast.
Yahoo
3 hours ago
- Yahoo
Son Wants To Cash Out On Dad's $6 Million Business. Dave Ramsey Brings Up A Teary Man Who Regretted Selling For $400 Million
A 26-year-old business owner called recently into Dave Ramsey's 'EntreLeadership' podcast with a tough decision: sell the family business for millions or keep building what his father started. Dan co-owns a New York-based restaurant cleaning company with his 65-year-old father, who founded the business and is now ready to retire. The company brings in $4.75 million annually and employs 80 cleaners. After years of working together, a big competitor has offered to buy them out for $6 million. The offer includes $4.5 million in cash and $1.5 million in rollover equity, along with a leadership role for Dan to run the acquiring company's New York City operations. Don't Miss: Maximize saving for your retirement and cut down on taxes: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Dan said he and his dad would split the proceeds evenly. 'It's more money than either of us have ever seen,' he admitted. Ramsey told Dan to think beyond the immediate windfall. 'One of the decision-making formulas I use is I get out of the moment and I extrapolate out decades,' he said. 'When you're 56, and you look back on your life, how are you going to feel about the 26-year-old version of you?' Dan said he hadn't considered that. 'I never really thought that far out into the future.' He knows that, invested properly, that chunk of change could be worth several million more down the road. Ramsey agreed the math made sense: 'If you put $2 million in your pocket at 26, it's not a bad day.' Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Still, he cautioned against chasing a payout just because it looks good on paper. 'I've known people who got hundreds of millions of dollars for selling their business, and the only thing they got other than that was wishing they didn't sell it,' he said. He told the story of a man who sold his company for $400 million but later called it 'the dumbest thing I ever did,' crying because the company lost its soul under new ownership. 'Selling something for a big chunk of change is not always something that is without regret,' Ramsey added. But he didn't think Dan would fall into that trap. 'This is an excellent exit for [your dad] and an excellent on-ramp for something else for you,' he said. 'I think you do this.' Still, he left listeners with a straightforward reminder: 'Just because you get a pile of money doesn't mean automatically we need to do it.' Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — Here's what Americans think you need to be considered 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Son Wants To Cash Out On Dad's $6 Million Business. Dave Ramsey Brings Up A Teary Man Who Regretted Selling For $400 Million originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
