International. Motorola Solutions recently announced that it has completed the acquisition of Avigilon, a company focused on advanced video surveillance and analytics.
Avigilon designs, develops and manufactures advanced security surveillance solutions, including video analytics, network video management software and hardware, surveillance cameras and access control solutions used by commercial and government customers. Avigilon holds more than 750 U.S. and international patents and manufactures its products in the U.S. and Canada.
The acquisition provides advanced video surveillance and analytics to Motorola Solutions' public safety, government and commercial customers.
Headquartered in Vancouver, British Columbia, Avigilon will operate as a separate unit of Motorola Solutions, with James Henderson, Avigilon's president and chief operating officer, and report to Jack Molloy, executive vice president of worldwide sales and services for Motorola Solutions.
Motorola Solutions has acquired all issued and outstanding shares of Avigilon for CAD $27.00 per share. The enterprise value of the transaction is approximately US$1 billion.
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