One is Chicago-based Motorola Solutions (MSI, Financial), which provides integrated communication systems to emergency responders. It has combined and simplified the hardware and software used by dispatchers to provide a more efficient solution than what has historically been available. The stock has benefited recently as orders for its cloud-based software offering have accelerated. In addition, the finances of many of the company’s municipal customers have improved.
From Mairs and Power (Trades, Portfolio) Growth Fund's third-quarter 2021 letter.
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