Pedro Vasco Simoes

Motorola Acquires IndigoVision In £30m Deal

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.