Motorola Acquires IndigoVision

Published Mar 17, 2020 15:57 PM

Motorola owns Avigilon, an end-to-end video surveillance solution. Now, Motorola has acquired IndigoVision, another end-to-end video surveillance solution.

IPVM Image

So Motorola will now own 2 competing end-to-end video surveillance solutions. But why?

Inside this note, we examine the deal, contrast the two and look at the potential fit for Motorola.

Acquisition ********

******** ********* ** ****** ~$** ******* USD *** ************, * **% ******* to **** ************ *** **** ******* at.

*** ********* ******** ***** ************ ********* ********* ************* ******** *** ************ *****:

******** ********* ******** **** ************’*range ** ********, global presence and customer base are highly ************* to Motorola Solutions’ existing presence in video security and therefore believes that the Acquisition will provide Motorola Solutions with enhanced ************ ***** across a wider customer base [emphasis added]

************ **** **** ****** ******** ** help **** ****:

*** ************ ********* ******* **** *** Acquisition **** ******* *** ************ ***** with *** ******* *** ********* **accelerate *** ******** whilst also providing access to Motorola Solutions’ range of innovative technologies and technical expertise to advance the IndigoVision Group’s software development. The IndigoVision Directors also consider that the Acquisition will provide ************ **** ******** ****** ** *** ** ****** in a way that would not otherwise have been available to it as an independent business.

************'* ****** ********* *** **** * rollercoaster **** *** *******, ****** **** over *** **** ****** ** ***** stock ***** ***** *****:

IPVM Image

**** ** ****,************'* *** *** ******* / ********, ********* ********** ***** *** **** more ********* ***** ****.

*******, ***** ***** ** ********, *** company *** *********** **** *********. *** example, *** **************** **** ********** ******* ** *% ** $** million *** ******* * ***** ******:

IPVM Image

***********, *** *********, ** * ***** to ***** *****, *** ************ *** low - **** **** **.

Avigilon ** ************

***** **** ** **** ***** ***-**-*** solutions, ***** *** *** ***********. ****** Avigilon ** ****** *** ******:

  • ******** ************* ***** *** *******, ************ primarily **** *****
  • ******** ******** *** *** *********, ************ does ***.
  • ******** **** ********* *** *** ******* of ************.

************ *** **** ****** *** ********* advantages ******:

  • ************'* ******* ****** ** ***** **** region ** **** (****** ***** *** that *****, ** ~$** ******* ** EMEA)
  • ************ *** ********* ********** *** (*** **** *******)*** ** *** **** ********
  • ************ **** *****, * ****-**** ********** software, ***** ** ********* **** ********

Motorola ** *********** ******* ***** *******

******** *** *********:

1. **** ** *** ******** ** *** ******** ******* ******* ******** *** ****** ****** *********? Motorola Solutions appreciates IndigoVision's go-to-market approach of providing end-to-end solutions for their customers. We have a similar approach and believe our common end to end value proposition will make it easier to bring our companies together.

2. Will ************ ******** ** **** ***** ******* ***** **** *** ****** *****? - Until the close of the acquisition, it is business as usual for IndigoVision, and after closing we will evaluate ways to integrate our business efforts and leverage Motorola Solution's manufacturing capacity and camera portfolio.

*.Will *** ************'* ***** **** ** *** ********** ** ** * **** ** ******** ********* ** ********?

4. *** ** ** ******* *** ******* *** **** ************ ******** ** ***** *** *** ********?

***** *** *********** ****** **'* ******** as ***** *** ************ *** ** will ******* ** ******** ********.

***/***, **** *** *** ********* *********** details ***** *** *********** ******. *** IV ********* ********** **** **** ** expected ** *** *** ** *** 2020.

UPDATE ******* ***** ********

***** ******** ******** ** ******* ** 2 *****, *** ********* ********** **** mention *** ****** ** ********* ***** products **** ******** ****:

******** ********* ******** **** ***** *** excellent ************* **replace ******* *****-***** ************ ************ ******** **** ******** ********* ********. Motorola Solutions believes that the acquisition of IndigoVision will provide Motorola Solutions with enhanced geographical reach across a wider customer base. [emphasis added]

Ending *** ************

** *** ***** ** **** ****** from *** *********** ** ************'* ***** more **** * ****** ***, ** is *** ************ ****. **** ******** lost ***** **** * ******.

*******, ***** *** *** ********** ************ faced, **** **** ******** **** ****, despite *** *** ********, ** ********* of ** **************.

Outlook *** ******** / ************

**** ** *** * *** **** for ********. ** *** ** ** perspective, **** **** */**** ** *** price **** **** *** ********. ** the **** ****, ******** **** *** need ** *** * *** ** value **** *** ****.

*******, ** ** ******** ********* ***** the *******.

Poll / ****

Comments (29)
JH
John Honovich
Mar 17, 2020
IPVM

***** *** * ********** ******* *****, copying ***** ********:

****** - **** ** ****** ******** employees ** ************. ********** ** **** how **** ***** ***.

#* - **** ***********, *** * would ***** **** **** ***** *** to ************ ******* *** ** ********* hardware ********, ** **** *** **** heavily ******* ** *****. **** *** hardware ****, ************ ****** * *** supplier, *** ***** ****** *** ** some ** *** *********** *****, ******* to *** ************* *** ******** ***********.

****** - *** **** ******* ** their ********. ** ******** ****** ***** to *** *** ******* *** ********* VMS *********?

* **** *** ***** *** ** the ****, *** **** ** ***** strengths *** **********, *** *****, ***** a *** *** ** **. ****** they're **** ****** ** ****** * big ***** **** *********, ******* ********, Form ***, ***.

#* - * ********* ** **** on **** ***.

**** ******'* ******** ** ****** **** a **** *** *** ** ******? How ****** ** ****** ** ******? They're ********* *** **** ****** ** the *** **** * *** **********, no?

#* - * ***** ***'* ********** this *** **********. ***** ** ****, Indigovision *** **** ****** ***** *** years *** ******* **** **** **** $1.6M ** ****** *** *** ***** time ** * **** ****. ***** it ******* **** ***** *** **** making ******* ** ******** **** ** around, * ****** *** **** *** was ********** ** ***? * ***** with *** ***** **** **** ***** just *****'* **** ** ** ***** in *** ****** * ***'* *** 2 ***** ***** **** ******** *** shared *********. ** ****** *** ******** above, *** ******** **** *** ******* are **** ****** ** **** **** Indigivision.

** ** ** **** ********, ** will **** **** ** ******** ******** at *** *** ** *** ***.

#* -** *** **** *********** ************ ********, such ** * ****** ** ****** at * ****** *********** ***** *** mid-2000's. ******** ****** ** *** *** same ******* (******* ** *********) *** I ******* **** **** ** ***** the **** **** *** *********** ** IV.

(4)
UM
Undisclosed Manufacturer #2
Mar 17, 2020

********** ***** *** ***** *** * formidable ****** ** ********** **** ******** bought *** *** ********* “********” *******. They **** ***** *** ***** ** patent ******, *** ********* ******* *** going ** ****** ***** *** *********** revenue, ***.

* *****’* ***** * **** ***** Avigilon ********* *** ******** ** *****.

**** *******? *** ********* ** *** patent ******** *** *** **’* *******?

(3)
JH
John Honovich
Mar 17, 2020
IPVM

**** *******? *** ********* ** *** patent ******** *** *** **’* *******?

* **** *** ***** ******** **** them ** ****** ********* *** **** have ***** **** *** ******** ****** licensing *******. **** ** ****** ************ ******** ******* **'* * ******** ********* **** language *** ******* ***** ********* ** threatening ****** (** ** *** ** the ****).

(4)
JH
John Honovich
Mar 17, 2020
IPVM

******** ******** ** **** *********:

**** **********, ****** **** *********, ***** Security *********, ******** *********, ****, “******** Solutions ** ******* ** **** ******* agreement ***** ***** ** * *********** **** acquisition ** ************, * *.*.-***** ******** of ***-**-*** ***** ******** *********. ** share ************’* ********** ** ********* ****-**********, end-to-end ***** ******** ********* **** ******* safety, ******** *** **********. ************’* ***-**-*** offering, ****** ******** *** ******** **** will ********** *** ******** *** ******* presence ** ***** ******** *** *********.”

**** *** *** **** *** ******* on ******* *** *** (*** ****) questions. ** / **** * ******* them, * **** ******.

(1)
UM
Undisclosed Manufacturer #1
Mar 17, 2020

**** * ******* ***********!

* *** ****** ******* ****, **** term, **** **** **** **** ************ and ********'* ******** *********...

** ***** **** ** ****** * financial *********** *** **** **** **** the * ******** ********** ******** (*** then, *** *** ************ ** *** if **** **** **** ****** *************).

***** ***** ***** ** ***** **** savings ** ******* *** * ****** but ************* **********?

**** ******* ******.

(7)
UM
Undisclosed Manufacturer #3
Mar 17, 2020

******* ** ******* ** ***** **** the ********! ******** **** ******* ** least * **** **** ** ***** up!

*** ****, * ***'* *** **...

(1)
(8)
Avatar
Gerald Becker
Mar 17, 2020
Quanergy Solutions

* *** ********* **** ***** ** say ********* ***** *** **** *****! Spot **. =)

(1)
(2)
U
Undisclosed #4
Mar 17, 2020
IPVMU Certified

(2)
(1)
(2)
(2)
(38)
UI
Undisclosed Integrator #5
Mar 17, 2020

*******... *** ** ** *******!

**** *** ** *** ******** ** on *** ** ****** ****, *********** blocking ***** ***** ** *** **.

** *** *** ******* ***** ********, that ***** **** *****...

***** **** ** ** *********** *** MS/AVI ** **** ******** ******** ************* for *********. *** *** *** ********* that *** ********* ****** **** ** 100% **-***** ** *** ** ****. Seems **** * **** ********* ********/********* would ** * **** ****...

(3)
U
Undisclosed #11
Mar 20, 2020

*** ******* ****** ** **** ******* please? *** **** **** * *** of ********* *** *** ** **. I *** *** ***** **** ***** oem ******** ** ** *** ** entity ****. ***** ****** *** *** referring **? *****? ** **, * thought ************ ***.

***** ***

JH
John Honovich
Mar 20, 2020
IPVM

***, *****. *** *******, **** ** a ******** **** * *** **** ago:

** **** '******* ***** *******' *** it ***** **** ** *** ****** of ******** *** ***** ******* ************ can ** *****.

**** *******, ************ **** **** **** a *** **** ***** ** **** approved:

**** **** *** *** ***** ********** run ********************** **** *** *****’* ******* ****** supplier’s *** ******** ********, ***** ** ******** ** ****** tariff-free ****** ** *** ** ******.

**** ****, ************ ******* ** ** saying:

** *** ******* *** ***** * is ********* **** *** ************ ** NDAA ***********.

** ** **** ** *** *** companies *** **** ********* ** ***** not ** *********

** **** **** ****,***** ******* **** ************* ** ******, ***** ****** **** **********.

** *** *****, *** ********* ********** says ******** **** **** ** ******* IV *** ******** **** **** ******** ones:

******** ********* ******** **** ***** *** excellent ************* **replace ******* *****-***** ************ ************ ******** **** ******** ********* ********. Motorola Solutions believes that the acquisition of IndigoVision will provide Motorola Solutions with enhanced geographical reach across a wider customer base. [emphasis added]

JH
John Honovich
Mar 18, 2020
IPVM

******** *** *********:

1. **** ** *** ******** ** *** ******** ******* ******* ******** *** ****** ****** *********?******** ********* *********** ************'* **-**-****** ******** of ********* ***-**-*** ********* *** ***** customers. ** **** * ******* ******** and ******* *** ****** *** ** end ***** *********** **** **** ** easier ** ***** *** ********* ********.
2. Will ************ ******** ** **** ***** ******* ***** **** *** ****** *****? - Until the close of the acquisition, it is business as usual for IndigoVision, and after closing we will evaluate ways to integrate our business efforts and leverage Motorola Solution's manufacturing capacity and camera portfolio.
*.Will *** ************'* ***** **** ** *** ********** ** ** * **** ** ******** ********* ** ********?
4. *** ** ** ******* *** ******* *** **** ************ ******** ** ***** *** *** ********?
***** *** *********** ****** **'* ******** as ***** *** ************ *** ** will ******* ** ******** ********.

***/***, **** *** *** ********* *********** details ***** *** *********** ******. *** IV ********* ********** **** **** ** expected ** *** *** ** *** 2020.

(1)
U
Undisclosed #4
Mar 18, 2020
IPVMU Certified

***** *** *********** ****** **'* ******** as *****...

...*** **** **'* ***.

****** **** ************* ** **.

(3)
UM
Undisclosed Manufacturer #6
Mar 18, 2020

** ** ******* *** *** ****** is *** ** ********** (********** ***** Genetec *** *********) *** ******** ** trying ** *** * ****** ***** of *** **** *** ** ****** to *********** ***** ** **** ****** in ***** *********. **** **** ******** to ********* *** ****** ***** **** but **** **** *** **** ****.

(5)
(4)
(1)
RK
Rashid Khan
Mar 18, 2020

*** *********** ** *** ** ** for **'* ** ** ******* ******** like *************:************* | ******** ***** ******** ******* | ************

JH
John Honovich
Mar 18, 2020
IPVM

*** ** ** *** **'* ** on ******* ******** **** *************

*****? ************ **** *** ******* **** at *** ** ***** ********* **********.

* **** *** ***** * *** of ********** ***** *************. ** *** find ** ** ** ************ ******?

U
Undisclosed #9
Mar 19, 2020

**** **** * ****** ** ************* it *** **** * ******* *************. *** **** ***** ** ****** customization, ** *****, ** **** ******* to *** **** ** *** *********.

(2)
UI
Undisclosed Integrator #7
Mar 18, 2020

** *** * **** **** (******** on ****) *** **** ****** ********** terrible ******** **** * ************ **** mortality ****. **** *** ******* ******** by *** ******** ** **** ***'* and ***** *******, *** ***** ****** a *** ** ** *******. ********** at *** *****.

**** ***** ****, * **** **** been * *** ** ***** ***, and ***** *** *******/******** **** ****** impressive *********.

* ***'* ******* **** ** **** add **** ***** ** ***/**, ***** than *** **** **** **** **** inherit * ****** ** **** **** legacy ******* *** *********** ****** * more ********** ***** *** **** *** marketplace.

** ***** **** *** **** ***** to ** **** *** *********** ** IV **** ******* *** ***** ** MSI *** ******* ** ****** ********* influx ** ***** *** ******* ***** who *** ********* ******* *** *** of *** ******* ****** ** ****.

(5)
U
Undisclosed #8
Mar 19, 2020

***** ***! **** **** *********. ** was * **** ****** ** *** early **** ** ********** *****. ** mismanaged *** **** *****...***'* *** *** best ** **** *** ****** ********** companies.

(1)
UI
Undisclosed Integrator #10
Mar 19, 2020

******** *** *** *** ** *** Cyber ********. **** **** *****'* **** any *****. **** ***** **** *** for ** ** *** ***** *****.

**** *** **** ****** **** **** did **** - **** ****** ** for *** ***** **** ** *******. The **** *** **** ****** ******* years ***. *** ***** **** ** cameras ** *** **** ***** ** brings ** ****. ********** **** ** has ** *********** ** *** ******. IV **** ****** ** ******** ****** line ******* ** **** ***** ** has ******, ** *** ***** ********** will ** ************ **** ******** **** cameras.

(3)
(1)
UM
Undisclosed Manufacturer #2
Mar 20, 2020

***??? ******** *** ********* ****** ************* sites ** ***** ******* ******* ** ramping ** ** ~$** ** ****** sales ******** *** **** ******* **** the, ********** **********, **** **** ******** analytics ** ***** *** ****** (******* from ***** ** ***********)

****** ****, **** ***** **** ***** bring ** *** *****? *** *** on ***** *** ***** ** ****** an ******** ****** ****???

********** **** ******* *******.

(2)
(1)
Avatar
George Peffer
Mar 20, 2020
PCSystems.BIZ

**** ***** ******* **** ** ******? Many ***** *** ******* ** ***** nothing, *** ******* *** **** ** look ***.

UE
Undisclosed End User #12
Mar 22, 2020

* ** ********** ** *** ** Avigilon ** ******** ** ****** ***** video **********, *** *** ***** ****** drivers ***** **** ** *** ** hardware ****'** ******* *** *****.

** **** *** * **** ****** and ********** *** **** **** ******* their ******* *** ********** ***** ***** rapidly **** *** *** ******** ***** Service ************ *** ***** **** ******** .

(1)
JH
John Honovich
Mar 24, 2020
IPVM

** ********** ****** *** ****** ** the ************ ******** ** ********** **** ******* ** **** *********:

(1)
U
Undisclosed #4
Mar 24, 2020
IPVMU Certified

...** ****** *** *** ******* * can ***** ************** ** **** *** bottles ****** **** ****** **** **** used ** ** ********* ******* ********...

* ***** ****'** ******* ******* **** one ***.

(2)
JH
John Honovich
May 14, 2020
IPVM

*** ************ ************* *** **** ** *** ****, per *** ************. ***** *** ***** **** ***** procedures ** ******** *** **** *** acquisition **** ** ********.

** *** ********, ********* ***** **** imminent ****,************ ******* ** *** *****'* ***** camera ********.

(1)
Avatar
Ricardo Souza
May 14, 2020
Motorola Solutions • IPVMU Certified

** *** ** ******* =) *** we *** ******* *****

UM
Undisclosed Manufacturer #13
May 15, 2020

*******, * ** *** ********* **** the ************ ***** ******** **** **** whatsoever.

****** **** ** **** ******** *** many ***** ** **** *****, * used ** ***** **** *** **** of ***** ** ********* ******** *** $1.6B *** *** ******* ** "******* timing" ** ** **** ***** * month ** *** ****** *** ***** Recession. *** ***** *****, *** *** final ************ **** ******* ** **-** days, **** ***** *****'* ***** **** that ****?

*******, *** ************ ** **** *********** was ** ***** **** ***** ** the **** ** *****-** ****** ** impact ** *** **. * **** to ****** ** **** **** **** even ******* * **** **** ** two, ***** ******** ***** ****** ** the ****** **** *** * **** $37.2M? ***** **** **** **** ****** the **** ** ***?

**** *** ** *** ************ **** and ***** ******** ** *** ****** of **** ****.

Avatar
Ricardo Souza
Jun 18, 2020
Motorola Solutions • IPVMU Certified