Motorola Completes $1B Acquisition of Canadian Video Surveillance Firm
Wednesday, March 28, 2018 | Comments

Motorola Solutions completed the $1 billion acquisition of Avigilon, first announced in February. Motorola acquired all of Avigilon’s issued and outstanding shares for C$27 (US$22) per share.

Avigilon designs, develops and manufactures security surveillance solutions, including video analytics, network video management software and hardware, surveillance cameras and access control solutions used by commercial and government customers. Avigilon holds more than 750 U.S. and international patents and manufactures its products in the U.S. and Canada.

Motorola CEO Greg Brown earlier this year said that Avigilon’s end-to-end platform was attractive to Motorola. “The thing that’s especially attractive is this is not a commodity business,” he said. “It’s an end-to-end platform orientation. ... Much like mission-critical communications, there is a growing aversion to having a Chinese provider doing critical video surveillance and security.”

Headquartered in Vancouver, Avigilon will operate as a separate unit of Motorola Solutions. James Henderson, president and chief operating officer for Avigilon, will report to Jack Molloy, executive vice president, worldwide sales and services for Motorola Solutions.

Would you like to comment on this story? Find our comments system below.



 
 
Post a comment
Name: *
Email: *
Title: *
Comment: *
 

Comments

No Comments Submitted Yet

Be the first by using the form above to submit a comment!


Magazines in Print







Events
May 2018

2 - 3
Comms Connect Auckland
Auckland, New Zealand
www.comms-connect.co.nz/

15 - 17
Critical Communications World (CC World)
Berlin
www.critical-communications-world.com/

More Events >

Site Navigation

Close