Motorola Paid $170 Million For Halo / IP Video Corp, Future Examined
Motorola made its 10th physical security / video surveillance acquisition two months ago, acquiring IPVideo Corp / Halo. Now, the company has disclosed it paid $170 million.
Was that too much or too little, and what does it say about the company's expansion plans into physical security?
In this note, we answer these questions and how Motorola now says they plan to incorporate Halo.
For background on Halo, see Vape Detection Shootout - Halo, Rhombus, Soter, and Verkada (SV11 & SV25) and the new Halo Cloud Mobile App Tested.
For background on Motorola's acquisitions, see full IPVM reporting:
- Motorola Acquires Ava
- Motorola Acquires Avigilon
- Motorola Acquires Calipsa
- Motorola Acquires Envysion
- Motorola Acquires Halo / IPVideo Corp
- Motorola Acquires IndigoVision
- Motorola Acquires Openpath
- Motorola Acquires Pelco
- Motorola Acquires Rave Mobile Safety
- Motorola Acquires Watchguard
- Motorola Acquires VaaS / Vigilant LPR
- Motorola Acquires Videotec
** ** *** ******, ******** ********* paying $*** ******* ****:
*** ******* ****** *** *********** ** IPVideo, ******* ** *** **** ***** Sensor, *** $*** ******* ** ****, net ** **** ********.
*********
** ******* **** ** * **** financial ******* *** ** ***** ****, reflecting *** ***** **** ******** *** in ******* *** *********. ***, ** any, ******** *********** ***** ** **** to ******* ***** ** **** ******, and ******* ****** ***** ***** ****** offer *** **** ***** *** ****** lacks *** ********* ************* ** *****-**** and ****** **** ******** ***.
******** *** *** ******** ** ***** Corp's ******* ****** *** ********** ** ** **** ****:
*** ******* **** **** *** *** #1 ****** ** **** ********, ********* sales ******* **** **** **** ****-**** ($3 ******* ** $* ******* ** $12 *******), ********* **** ****** ****** in **** ** * ********* $** million **** ****.
** ****** **** ****** *********** **** year ****** ******* *** ****** *** vape ********* ** * *****, ******** *** ********* ** ****.
*** ***** ******** ****** ** ****'* revenue ** ************** **** ******** *****, with ****** ******* ************ ******* (***** while ******* ******* *****, ********** ********* and ****-**** ****** **********).
**********?
*******, **** **** ***** ********* ** whether ******** ** ********** ** **** or ***** ****** ***** ***** **** have **** ****** ***** ******** ** numerous *********, *.*.,******** **** $*** ******* *** ***, Calipsa, *** ******** ******** (********).
** **** ***** **** ** **** detail ** ******** ********* ** ********'* video ******** ****** *****.
Cross *******
********** **** ***** ******* ***-**-*** ********, Motorola **** ****:
**** ** **** * ******* *** for ** ** ***** ** *** integrate **** ******* **** *** ***** and **** *********.
********** *** ***** *** ***** *** brands*** *********** ***** ******* ************.
********** *** ****, ***** ******* ***** proposition ** ********** **** *** ** Video **** **** **, **** ******** saying:
** *** **** ***** ****** ** actually *** * *** ***** *** us. ** **** -- ******** *** partnered **** ******* *** ***** **** years. **'** ******** **** ********* *** IPVideo ********. *** *** *** ****** there ** **** ***** *** ****** of ********** **** ** ******* ***** video ****** ** **** ** ******* locations, *** ***** ******* ***. ** think ** ** ** *** ********* of ******* **** *******, ** ****** in *********, ** ***** ***** ** typically ** *** ******* *******.
********* ** ***** *********
*** **** ***** ******** ***** **** Halo ***** ** ***** *** ***** sales ***** ** **** **** ****** its **** ********* ******, **** *** company ********** ***********:
**** ... ** ***** ***** ****** expanding *** ********** ****** ********* *** beyond....
**** ** ***** ** ***** **** would ** **** ****'** **** **** well ** *********. **'* *** **** toget ** *** ****** **** ******** **** **********, **** **********, **** ******* ***** where you have issues with people smoking and those kind of things as well. We think we've got the relationships to extend in those markets as well. [emphasis added]
***** ********'* ****** ****** ***** ************ should **** **** **** ** ***** verticals, * *** ******** **** ** how ********** ***** ********* **** ** as ****** ** ******* *** ****** making ******* *** ******** *** *** such *********. *******, ** ******** *** expand ***** ** ***** **** ******** (air *******, *******, ********, ***.) **** might ** * *********** ***********.
Further ******* ***********
*** ***** *** ******** ** *** much ******** *** ******* **** ** a *******. *** ******* ** ******** covered ******'* ***** ****** *** ******. ** ******** *** ******* ****'* overall ********, **** *** **** * material **********.
** *** ********, *** $*** ******* cash **** ***** **** ******** ********* to ** *** **** ********** ***** of ******** *********.
**** *** *** ** ***** ****. Motorola **** **** ****** ****, **** wealthy. ******** ****!
******: ********'* *** *** **** ********* additional *******:
*** ******* ****** ********** ***** ** a **** ***** ** $******** ** ******* *** ********* **** will ** ******** **** * ******* period ** *** ****.
***** **** ******** ** ********* ** own * *** ***** ** *** existing, ********** $********* ********, **** *** existing **,***,*** ******-********* ***** *********, *********** and ***** **********. *** *********, *** and ************* *** ******* ** *** big**** ** **** *****.*** **** ** *** ***** ****** disruption, **** ** ******* *******.**** **% ***** ******, ***** ** million ***** ********, **** ** ********* disrupting *** **** ****** **********.**** ******* ***** ******* ** *** monitoring ****** *** *** ******** ****, to **** ****-*** ************ *** ******** high ******** ****** ********. ** ********** major *********.**** ** *** ******** ************ ****** meet *** ******** ************, ***** ** creating **** ** ************* *** ********, and ******. **** ** *** ******* stakeholders *** *** ********* ** **** the ******** ** **** ** ******* their *** ****** *****.
$****, ***. **** ***. * **** they'd *** **, **** ******.