CHICAGO—Motorola Solutions announced it has completed the acquisition of video security solutions provider Pelco Inc. based in Fresno, Calif. for $110 million in cash.
CHICAGO—Motorola Solutions, Inc. announced recently that it has acquired VaaS International Holdings Inc. (VaaS), a data and image analytics company, for $445 million in a combination of cash and equity.
CHICAGO and VANCOUVER, British Columbia—In early February, Motorola Solutions announced its definitive agreement to acquire video surveillance and access control manufacturer Avigilon. Avigilon later announced that its CEO and chairman of the board, Alexander Fernandes, is retiring following the deal.
LONDON—The market for wireless infrastructure radios used in video surveillance applications grew 11 percent last year, rising from $274 million in 2011 to $304 million in 2012, according to a study by the research firm IHS. Demand will continue to increase, IHS predicts, and global revenues will reach $705 million in 2017.
SCHAUMBURG, Ill. and SAN DIEGO—Jonathan Siann, founder and CEO of solar-powered, wireless surveillance provider MicroPower Technologies, says his company’s mission “is to change the economics of camera deployment,” and he now has $6.5 million in capital to achieve that goal.
