Motorola Solutions Acquires Pelco, for $110M

Funding Rounds

Summary

Motorola Solutions, Inc. (NYSE: MSI) completed the acquisition of Pelco, Inc., a global provider of video security solutions based in Fresno, California, for $110m in cash. With the deal, Motorola continues investments in video security and analytics. The company’s scalable solutions and commitment to service delivery enables customers of all sizes to mitigate risk, increase operational efficiencies and enhance safety. Led by Greg Brown, chairman and CEO, Motorola Solutions is a global leader in mission-critical communications and analytics. Its technology platforms in mission-critical communications, command center software, video security & analytics, bolstered by managed & support services, make communities safer and help businesses stay productive and secure.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors Motorola Solutions Venture Capital Lead investors
Company - Funded company

Classifications

industries
Telecommunications
applications
Networking and Cloud

AskAI Classifications

Labels
SaaS Public Safety Software Video Security Software

Linked Companies

Motorola Solutions
$10M to $25M