Motorola Solutions completes purchase of video surveillance and analytics platform Avigilon

Motorola Solutions has completed the acquisition of Vancouver-based video surveillance and analytics specialist Avigilon.

Avigilon offers a range of advanced security surveillance services, including video analytics, network video management software and hardware, surveillance cameras and access control offerings.

The firm holds some 750 US and international patents and manufactures its products in the US and Canada. Motorola Solutions has acquired all of Avigilon’s issued and outstanding shares for CAD$27.00 per share. The enterprise value of the transaction is approximately US$1.0 billion.

Motorola said the acquisition enabled it to deliver advanced video surveillance and analytics to its public safety, government and commercial customers.

Avigilon will operate as a separate unit of Motorola Solutions, with James Henderson, president and chief operating officer for Avigilon, reporting to Motorola Solutions global sales and services executive VP Jack Molloy.

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