https://urgentcomm.com/wp-content/themes/ucm_child/assets/images/logo/footer-new-logo.png
  • Home
  • News
  • Multimedia
    • Back
    • Multimedia
    • Video
    • Podcasts
    • Galleries
    • IWCE’s Video Showcase
    • Product Guides
  • Commentary
    • Back
    • Commentary
    • Urgent Matters
    • View From The Top
    • All Things IWCE
    • Legal Matters
  • Resources
    • Back
    • Resources
    • Webinars
    • White Papers
    • Reprints & Reuse
  • IWCE
    • Back
    • IWCE
    • Conference
    • Special Events
    • Exhibitor Listings
    • Premier Partners
    • Floor Plan
    • Exhibiting Information
    • Register for IWCE
  • About Us
    • Back
    • About Us
    • Contact Us
    • Advertise
    • Terms of Service
    • Privacy Statement
    • Cookie Policy
  • Related Sites
    • Back
    • American City & County
    • IWCE
    • Light Reading
    • IOT World Today
    • Mission Critical Technologies
    • TU-Auto
  • In the field
    • Back
    • In the field
    • Broadband Push-to-X
    • Internet of Things
    • Project 25
    • Public-Safety Broadband/FirstNet
    • Virtual/Augmented Reality
    • Land Mobile Radio
    • Long Term Evolution (LTE)
    • Applications
    • Drones/Robots
    • IoT/Smart X
    • Software
    • Subscriber Devices
    • Video
  • Call Center/Command
    • Back
    • Call Center/Command
    • Artificial Intelligence
    • NG911
    • Alerting Systems
    • Analytics
    • Dispatch/Call-taking
    • Incident Command/Situational Awareness
    • Tracking, Monitoring & Control
  • Network Tech
    • Back
    • Network Tech
    • Interoperability
    • LMR 100
    • LMR 200
    • Backhaul
    • Deployables
    • Power
    • Tower & Site
    • Wireless Networks
    • Coverage/Interference
    • Security
    • System Design
    • System Installation
    • System Operation
    • Test & Measurement
  • Operations
    • Back
    • Operations
    • Critical Infrastructure
    • Enterprise
    • Federal Government/Military
    • Public Safety
    • State & Local Government
    • Training
  • Regulations
    • Back
    • Regulations
    • Narrowbanding
    • T-Band
    • Rebanding
    • TV White Spaces
    • None
    • Funding
    • Policy
    • Regional Coordination
    • Standards
  • Organizations
    • Back
    • Organizations
    • AASHTO
    • APCO
    • DHS
    • DMR Association
    • ETA
    • EWA
    • FCC
    • IWCE
    • NASEMSO
    • NATE
    • NXDN Forum
    • NENA
    • NIST/PSCR
    • NPSTC
    • NTIA/FirstNet
    • P25 TIG
    • TETRA + CCA
    • UTC
Urgent Communications
  • NEWSLETTER
  • Home
  • News
  • Multimedia
    • Back
    • Video
    • Podcasts
    • Omdia Crit Comms Circle Podcast
    • Galleries
    • IWCE’s Video Showcase
    • Product Guides
  • Commentary
    • Back
    • All Things IWCE
    • Urgent Matters
    • View From The Top
    • Legal Matters
  • Resources
    • Back
    • Webinars
    • White Papers
    • Reprints & Reuse
    • UC eZines
    • Sponsored content
  • IWCE
    • Back
    • Conference
    • Why Attend
    • Exhibitor Listing
    • Floor Plan
    • Exhibiting Information
    • Join the Event Mailing List
  • About Us
    • Back
    • About Us
    • Contact Us
    • Advertise
    • Cookie Policy
    • Terms of Service
    • Privacy Statement
  • Related Sites
    • Back
    • American City & County
    • IWCE
    • Light Reading
    • IOT World Today
    • TU-Auto
  • newsletter
  • In the field
    • Back
    • Internet of Things
    • Broadband Push-to-X
    • Project 25
    • Public-Safety Broadband/FirstNet
    • Virtual/Augmented Reality
    • Land Mobile Radio
    • Long Term Evolution (LTE)
    • Applications
    • Drones/Robots
    • IoT/Smart X
    • Software
    • Subscriber Devices
    • Video
  • Call Center/Command
    • Back
    • Artificial Intelligence
    • NG911
    • Alerting Systems
    • Analytics
    • Dispatch/Call-taking
    • Incident Command/Situational Awareness
    • Tracking, Monitoring & Control
  • Network Tech
    • Back
    • Cybersecurity
    • Interoperability
    • LMR 100
    • LMR 200
    • Backhaul
    • Deployables
    • Power
    • Tower & Site
    • Wireless Networks
    • Coverage/Interference
    • Security
    • System Design
    • System Installation
    • System Operation
    • Test & Measurement
  • Operations
    • Back
    • Critical Infrastructure
    • Enterprise
    • Federal Government/Military
    • Public Safety
    • State & Local Government
    • Training
  • Regulations
    • Back
    • Narrowbanding
    • T-Band
    • Rebanding
    • TV White Spaces
    • None
    • Funding
    • Policy
    • Regional Coordination
    • Standards
  • Organizations
    • Back
    • AASHTO
    • APCO
    • DHS
    • DMR Association
    • ETA
    • EWA
    • FCC
    • IWCE
    • NASEMSO
    • NATE
    • NXDN Forum
    • NENA
    • NIST/PSCR
    • NPSTC
    • NTIA/FirstNet
    • P25 TIG
    • TETRA + CCA
    • UTC
acc.com

Enterprise


News

Motorola Solutions to buy Avigilon video-surveillance, analytics company in all-cash deal worth about $1 billion

Motorola Solutions to buy Avigilon video-surveillance, analytics company in all-cash deal worth about $1 billion

Motorola Solutions announces that it has entered into a definitive agreement to acquire Avigilon—a Vancouver-based provider of video-surveillance and video-analytics solutions—in an all-cash transaction that is worth about $1 billion.
  • Written by Donny Jackson
  • 2nd February 2018

Motorola Solutions today announced that it has entered into a definitive agreement to acquire Avigilon—a Vancouver-based provider of video-surveillance and video-analytics solutions—in an all-cash transaction that is worth about $1 billion.

Motorola Solutions CEO Greg Brown said company officials are “pretty enthusiastic” about the acquisition, for several reasons.

“First of all, video surveillance and analytics is growing—it’s growing rapidly,” Brown said today during the company’s quarterly conference call. “Second, the total addressable market is well in excess of $10 billion or $11 billion, and then some. And third, video continues to be a growing requirement of public-safety customers and critical-infrastructure customers that want a solution and would like Motorola to provide it.

“The thing that’s especially attractive to me is that this is not a commodity business. As you’ve seen with the other actions we’ve taken with the portfolio over time, I’m not interested in commodity businesses; I’m not interested in commodity margins. I like a market leader with an end-to-end platform orientation, and we believe this end-to-end video-surveillance suite of cameras, analytics, video management and video storage is particularly strong.”

Avigilon’s sales traditionally have been focused on the enterprise sector, but Motorola Solutions also plans to introduce the video solution to the critical-communications marketplace, Brown said.

“The thing I especially love is the channel synergies,” he said. “We can take this portfolio into global public safety, because they’ve been enterprise-centric to date, largely. We can take this into U.S. military. We can take this into U.S. federal. We can take this into our large direct sales force that serves enterprises and the commercial markets. So, it’s got very attractive channel synergies.

“Lastly, quite frankly—much like in mission-critical communications—I think there is a growing aversion to having a Chinese provider do critical video surveillance and security. I think that trend will lend itself well to us, as well.”

Under the terms of the agreement, Motorola Solutions will acquire all of Avigilon’s outstanding shares for CAD$27.00 per share, according to a Motorola Solutions press release. The enterprise value of the transaction is approximately US$1.0 billion, including Avigilon’s net debt.

Motorola Solutions expects to close the transaction during the second quarter of this year, “subject to customary regulatory, shareholder and court approvals,” according to Motorola Solutions. The deal has the unanimous support of the Avigilon board, according to Motorola Solutions.

When the transaction is completed, Motorola Solutions plans to run Avigilon “self-contained, as a separate subsidiary inside of Motorola Solutions,” according to Brown.

“We’re very pleased with the structure of the organization, the talent quality, the patent portfolio, the distribution channels, and we want to very mindful that—appropriately managed going forward—this will continue on a very successful track that they’ve demonstrated of execution,” Brown said.

“I think this is about building an end-to-end platform, adding another leg to the stool for public safety over existing distribution channels and brand by Motorola Solutions and giving them more scale to accelerate their growth.”

Alexander Fernandes, Avigilon’s founder, chief executive officer and chairman of the board, expressed optimism about the deal.

“We’re very pleased to be joining Motorola Solutions, as their vision and strategy aligns fully with our own,” Fernandes said in a prepared statement. “This combination will bring new opportunities to Avigilon, allowing us to accelerate our innovation and provide even more value to our customers.”

Buying Avigilon is expected to be the second acquisition that Motorola Solutions will complete this year. A previously announced deal to purchase the Plant/CML 911 business from Airbus DS Communications—initially expected to be finalized by the end of last year—is now scheduled to close during the first quarter of this year.

Gino Bonanotte, Motorola Solutions’ executive vice president and chief financial officer (CFO), said that neither acquisition is expected to have a material impact on this year’s earnings, but both are expected to be accretive in 2019.

 

Tags: Motorola Solutions Personnel Monitoring Enterprise Federal Government/Military Incident Command/Situational Awareness News Public Safety Tracking, Monitoring & Control Video News

Most Recent


  • AT&T wireless growth keyed by FirstNet—now provides 24,000 agencies with 4.4 million connections
    AT&T this week reported that FirstNet ended 2022 supporting more than 24,000 public-safety agencies with “about” 4.4 million connections, including 377,000 connections that were added during the last three months of 2022—a total that represents more than half of the carrier’s post-paid wireless growth for the quarter. AT&T officials released these figures in conjunction with […]
  • Report: Remote work causing offices to empty, but walkable cities still in high demand
    Given the reliance on vehicular transportation in the United States, some American cities historically haven’t prioritized being walkable in past planning and or design. But amid an unprecedented shift in the economy toward remote work, those that have are increasingly desirable for prospective residents. A new report from Smart Growth American and Places Platform, “Foot Traffic Ahead […]
  • AT&T FirstNet unleashes robotic dogs for emergency services
    AT&T is releasing robotic hounds from Ghost Robotics as part of the service provider’s FirstNet emergency responder service. In a blog, AT&T VP Lance Spencer explained that the robotic dogs will be connected to AT&T’s network and deployed for public safety, defense, federal and state agencies, local police and fire departments, and commercial customers. “Network-connected robotic dogs can deliver a […]
  • Federal agencies infested by cyberattackers via legit remote-management systems
    It has come to light that hackers cleverly utilized two off-the-shelf remote monitoring and management systems (RMMs) to breach multiple Federal Civilian Executive Branch (FCEB) agency networks in the US last summer. On Jan. 25, the Cybersecurity and Infrastructure Security Agency (CISA), National Security Agency (NSA), and Multi-State Information Sharing and Analysis Center (MS-ISAC) released […]

Leave a comment Cancel reply

To leave a comment login with your Urgent Comms account:

Log in with your Urgent Comms account

Or alternatively provide your name, email address below:

Your email address will not be published. Required fields are marked *

Related Content

  • Motorola Solutions to buy Avigilon video-surveillance, analytics company in all-cash deal worth about $1 billion
  • Motorola Solutions to buy Avigilon video-surveillance, analytics company in all-cash deal worth about $1 billion
  • Motorola Solutions to buy Avigilon video-surveillance, analytics company in all-cash deal worth about $1 billion
  • Motorola Solutions to buy Avigilon video-surveillance, analytics company in all-cash deal worth about $1 billion

Commentary


How 5G is making cities safer, smarter, and more efficient

26th January 2023

3GPP moves Release 18 freeze date to March 2024

18th January 2023

Do smart cities make safer cities?

  • 1
6th January 2023
view all

Events


UC Ezines


IWCE 2019 Wrap Up

13th May 2019
view all

Twitter


UrgentComm

AT&T wireless growth keyed by FirstNet—now provides 24,000 agencies with 4.4 million connections dlvr.it/ShY5qH

27th January 2023
UrgentComm

Report: Remote work causing offices to empty, but walkable cities still in high demand dlvr.it/ShXM7Z

27th January 2023
UrgentComm

AT&T FirstNet unleashes robotic dogs for emergency services dlvr.it/ShW7p8

27th January 2023
UrgentComm

Federal agencies infested by cyberattackers via legit remote-management systems dlvr.it/ShVhn3

26th January 2023
UrgentComm

How 5G is making cities safer, smarter, and more efficient dlvr.it/ShVS1h

26th January 2023
UrgentComm

MCPTT interworking for critical communications dlvr.it/ShTm3P

26th January 2023
UrgentComm

Self-driving cars present terrorism risk, FBI director says dlvr.it/ShTTHx

26th January 2023
UrgentComm

UK Home Office officially will cut ESN ties with Motorola Solutions in December dlvr.it/ShNjfN

24th January 2023

Newsletter

Sign up for UrgentComm’s newsletters to receive regular news and information updates about Communications and Technology.

Expert Commentary

Learn from experts about the latest technology in automation, machine-learning, big data and cybersecurity.

Business Media

Find the latest videos and media from the market leaders.

Media Kit and Advertising

Want to reach our digital and print audiences? Learn more here.

DISCOVER MORE FROM INFORMA TECH

  • American City & County
  • IWCE
  • Light Reading
  • IOT World Today
  • Mission Critical Technologies
  • TU-Auto

WORKING WITH US

  • About Us
  • Contact Us
  • Events
  • Careers

FOLLOW Urgent Comms ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.