acquisition

Motorola Solutions Completes Acquisition of Avigilon

Avigilon Corporation announced that Motorola Solutions has completed the previously announced acquisition of all issued and outstanding common shares of Avigilon. Motorola Solutions through its wholly owned subsidiary, Motorola Solutions Canada Holdings Inc., acquired 44,617,813 Avigilon shares for cash consideration of CAD$27.00 per share. This, together with net debt, represents a total enterprise value of approximately USD$1.0 billion.

How Security Tech Vendors Grow And Diversify Through Acquisition

There are ways to grow a business other than investing in existing assets and finding new customers. The physical security sector has witnessed a steady flow of M&A activity in recent years and there’s no sign of it abating. Keen to exploit growing demand for end-to-end solutions, some of the industry’s biggest beasts have snapped up brands in adjacent industries to broaden their portfolio.

Motorola Solutions Acquires Avigilon

Motorola Solutions (NYSE: MSI) announced that it has entered into a definitive agreement to acquire Avigilon (TSX: AVO) in an all-cash transaction that will enhance Motorola Solutions’ portfolio of mission-critical communications technologies. Under the terms of the agreement, Motorola Solutions will acquire all of Avigilon’s outstanding shares for CAD$27.00 per share. The enterprise value of the transaction is approximately US$1.0 billion including Avigilon’s net debt.

Delta Announces Offer To Acquire 55% Stake in VIVOTEK

Delta Electronics, Inc. (TWSE: 2308), a global leader in power and thermal management solutions, announced its Board of Directors has approved a proposal for a cash tender offer to acquire approximately 35% (28,631,800 shares) to 55% (44,992,800 shares) of the outstanding common shares of VIVOTEK Inc. (TWSE: 3454) with an offer price of NTD98 per share. This tender offer, which is expected to begin on August 9, 2017 and end on September 26, 2017, shall be satisfied when final effective tendered shares reach the aforementioned minimum.

HID Global Acquires Arjo Systems To Expand Its Government ID Business

HID Global, a worldwide leader in trusted identity solutions, announced that it has acquired Arjo Systems SAS, a provider of physical and digital identity solutions for secure government ID applications. Arjo Systems gives HID Global broader capabilities to deploy electronic identification (eID) and ePassport solutions for government programs.

SALTO Completes Acquisition Of Clay And Invests In Poly-Control/Danalock

Salto Systems S.L., announces the acquisition of the remainder shares in Clay, to become sole owner of the company and the purchase of a significant equity share in Poly-Control, the manufacturer of Danalock. With these important steps, Salto Systems, market leader in electronic locking, executes on its strategy by strengthening its leading position in both Cloud technology and Mobile Access, as well as Electronic Locks for the Residential market.

Emergency Communications Network Acquires Send Word Now; Rebranded As OnSolve

Emergency Communications Network (ECN), a leading Software-as-a-Service (SaaS) provider of critical event management and emergency notification systems, announced it has acquired Send Word Now, a global leader in enterprise notification solutions. The combined companies have rebranded as OnSolve. Through this acquisition and ECN’s 2016 acquisition of MIR3, OnSolve is uniquely positioned to address the accelerating demand for standalone software-based communications solutions, and notification and alerting functionality that can be integrated directly into other critical business systems.

Convergint Technologies Acquires Operational Security Systems

Convergint Technologies, a worldwide leader in service-based systems integration, announced the acquisition of Operational Security Systems, Inc. Headquartered in Atlanta, GA and with an additional location in Orlando, FL. Operational Security Systems is a full-service provider of the design, installation, and maintenance of electronic security systems.

Alarm.com Announces ObjectVideo Acquisition

Alarm.com (Nasdaq: ALRM), the leading platform for the connected home and business, today announced the acquisition of substantially all of ObjectVideo, Inc’s. business, including the company’s products, technology portfolio and personnel. ObjectVideo is a pioneer in the fields of video analytics and computer vision, with technology that extracts meaning and intelligence from video streams in real-time to enable object tracking, pattern recognition and activity identification. The business, now called ObjectVideo Labs, will accelerate Alarm.com’s research and development of video services and video analytics applications, and will continue to provide advanced research and engineering services for federal government customers.