The announcement of its intent to acquire Canadian security camera manufacturer Avigilon comes after a string of acquisitions by Motorola across the past three years. Some notable recent deals include that for the UK TETRA operator Airwave, the US-based 911 business of Airbus DS Communications, Kodiak (a push-to-talk provider) and Spillman (the public safety software provider). IHS Markit estimates that Avigilon was the eighth largest supplier of professional video surveillance equipment in 2016, commanding over 2% of a global market that’s worth an estimated $15.4 billion.
“This acquisition will bring Avigilon’s advanced video surveillance and analytics platform to the rapidly evolving public safety workflow, while also expanding our portfolio with new products and technologies for commercial customers,” explained Greg Brown, chairman and CEO of Motorola Solutions.
“Video can play a powerful role in creating safer cities and thriving businesses,” continued Brown. “It can serve as highly efficient ‘eyes and ears’ for monitoring a given location, while advanced video analytics can proactively alert officials to a perimeter breach or quickly find a person who left behind an object of interest.”
Alexander Fernandes (Avigilon’s founder, CEO and chairman of the Board) responded: “We’re very pleased to be joining Motorola Solutions. The company’s vision and strategy aligns fully with our own. This combination will bring new opportunities to Avigilon, allowing us to accelerate our innovation and realise even more value for our customer base.”