Skip to main content

Airbus SE (EADSY) - Get Airbus SE Report said Friday that it will sell its software company Plant Holdings to Motorola Solutions Inc (MSI) - Get Motorola Solutions, Inc. Report for an undisclosed price, the Wall Street Journal reported.

Plant Holdings, which functions as a unit of Airbus DS Communications, manufactures software for emergency call centers. It had about $100 million in sales last year.

The deal with Motorola is expected to close by the end of the year pending regulatory approval.

Airbus has recently attempted to focus on aircraft manufacturing, selling businesses outside of its core. Last year, the European plane maker sold the bulk of its defense electronics operations to private equity firm KKR & Co (KKR) - Get KKR & Co. Inc. Report and said this month it was in talks to sell a helicopter repair unit to Veritas Capital Management.

Scroll to Continue

TheStreet Recommends

Airbus stock traded up over 1% Friday morning.

More of What's Trending on TheStreet: