US conglomerate Motorola has acquired Edinburgh Scotland-based video security company IndigoVision, in a deal worth £30.4 million. The acquisition price of approximately US$4.90 per share represents a premium of approximately 129% to the closing price of US$2.14 per IndigoVision Share.Motorola Solutions, a global provider of mission-critical communications and analytics, has a strong presence in the large and expanding area of physical security and video surveillance.
The Chicago-area suburb of Elgin is using Motorola Solutions’ real-time intelligence console (RIC) technology to put public and private video surveillance on a single platform that integrates with the computer-aided dispatch mapping software in the 911 center, according to city police officials. “Like most departments, we’re having issues with making sure we have appropriate staffing,” Elgin Police Chief Jeff Swoboda stated. “One of the ways we looked at creating a force multiplier was through the use of video cameras.”
VIEVU, the industry leader in body worn video (BWV) for police, law enforcement and other security organizations, today announced its partnership with Motorola Solutions, enabling Motorola to add a small form-factor, highly secure body worn video (BWV) solution camera to their existing security product line. The advancement of video technology offers new tools to law […]