Motorola, Inc. News
Motorola Solutions, Inc. announced it has acquired VaaS International Holdings, Inc. (VaaS), a data and image analytics company based in Livermore, California and Fort Worth, Texas. Motorola Solutions paid a purchase price of $445 million in a combination of cash and equity. VaaS, a ‘video analysis as a service’ company, is a global provider of data and image analytics for vehicle location. The company’s image capture and analysis platform, which includes fixed and mobile lice...
Timely and important issues in the security marketplace dominated our list of most-clicked-upon articles in 2018. Looking back at the top articles of the year provides a decent summary of how our industry evolved this year, and even offers clues to where we’re headed in 2019. In the world of digital publishing, it’s easy to know what content resonates with the security market: Our readers tell us with their actions; i.e., where they click. Let’s look back at the Top 10 article...
Consolidation persisted in the physical security industry in 2018, and big companies such as Motorola, Canon and UTC continued to make moves. Also among the mergers and acquisitions (M&A) news in 2018 was a high-profile bankruptcy (that ended well), continuing consolidation in the integrator market, and the creation of a new entity called “LenelS2.” Here’s a look at the Top 10 M&A stories in 2018: 1. Motorola acquires Avigilon Motorola Solutions announced in Februar...
Avigilon Corporation, a Motorola Solutions company, announced that Avigilon Blue, its cloud platform for video surveillance, is launching in Canada. The Avigilon Blue platform is a secure end-to-end solution that enables security integrators to deliver analytics-driven video surveillance as a service. It features patented self-learning video analytics technology that is compatible with both legacy Avigilon and third-party ONVIF compliant cameras. Powerful and easy to use, the platform enables...
The Global Security Exchange (GSX) seems smaller this year, which is not surprising given the absence on the show floor of several big companies such as Hikvision and ASSA ABLOY (although their subsidiary HID Global has a big booth). A trend affecting the number of companies exhibiting at GSX 2018, and other trade shows, is industry consolidation, which is impacting the show even beyond the fewer exhibitors this year in Las Vegas. GSX is the new branding for the trade show formerly kno...
Avigilon Corp. is a relatively young company in the security market and has come a long way since it was founded in 2004. From an early focus on high-megapixel imaging, the company’s end-to-end solutions have evolved to include access control, video analytics and now artificial intelligence (AI). A reflection of how far Avigilon has come in a short time is the recent $1 billion acquisition of the Canadian company by Motorola Solutions. Avigilon’s President and COO, James Henderson,...
Avigilon Corporation, a Motorola Solutions company, announced it has been awarded ISO 9001:2015 certification for its Quality Management System (QMS). ISO 9001:2015 is a globally recognised quality standard that defines QMS requirements and performance. The standard assists companies to align quality with their wider business strategy, helping to improve communications, efficiency, and implementation of continuous improvement. As part of the ISO 9001:2015 certification process, Avigilon engage...
Avigilon, a Motorola Solutions company, recently announced the opening of its new demonstration and training facility in Windsor, Berkshire to support end users and integrators. Demonstration of products and solutions Located just steps from the historic Windsor Castle and River Thames, the new facility will provide worldclass resources and hands-on support for those in the region, including live demos of Avigilon’s latest products, solutions and technologies and the benefits they offer...
Avigilon Corporation has announced that Motorola Solutions, Inc. has completed the previously announced acquisition of all issued and outstanding common shares of Avigilon. Motorola Solutions through its wholly owned subsidiary, Motorola Solutions Canada Holdings Inc., acquired 44,617,813 Avigilon shares for cash consideration of CAD$27.00 per share. This, together with net debt, represents a total enterprise value of approximately USD$1.0 billion. The Avigilon shares are expected to be delist...
There’s a new big player – and familiar household name – coming into the security marketplace with the announcement of Motorola’s intent to acquire Canadian video manufacturer Avigilon Corporation, provider of video surveillance and analytics. Motorola Solutions points to an “avalanche of video in public and private sectors” as a motivation for the acquisition. Motorola Solutions’ dominance in the public safety market – where t...
Motorola Solutions has announced that it has entered into a definitive agreement to acquire video surveillance provider Avigilon in an all-cash transaction that will enhance Motorola Solutions’ portfolio of mission-critical communications technologies. Under the terms of the agreement, Motorola Solutions will acquire all of Avigilon’s outstanding shares for CAD$27.00 per share. The enterprise value of the transaction is approximately US$1.0 billion ...
Working together to develop an intelligent body-worn camera for public safety users, Motorola Solutions and artificial intelligence (AI) company Neurala are demonstrating how AI can be added to everyday devices such as smart phones using existing hardware platforms. AI software, working at the “edge,” provides the capability to add AI functionality to existing cameras, such as Motorola’s Si500 body-worn camera. An agreement to develop the products follows Motorola&rsquo...
