Motorola Acquires VaaS / Vigilant LPR

By: IPVM Team, Published on Jan 08, 2019

Less than a year after Motorola Solutions spent a billion to acquire Avigilon, the company has made another major acquisition spending nearly a half billion on VaaS.

motorola vaas 2

The company name 'VaaS' is poorly known in the space, and should not be confused for the generic industry term VSaaS. However, the company is better known for its subsidiary Vigilant Solutions, previously Vigilant Video, one of the most prominent and controversial providers of LPR.

Inside this post, we examine:

  • Origin and growth of VaaS / Vigilant
  • Quiet $100+ million in funding
  • Current company size/breakdown
  • Acquisition terms analyzed
  • LPR / product overview
  • Avigilon potential benefits

**** **** * **** after******** ********* ***** * billion ** ******* ********, *** ******* *** made ******* ***** ******************* ****** * **** billion ** ****.

motorola vaas 2

*** ******* **** '****' is ****** ***** ** the *****, *** ****** not ** ******** *** the ******* ******** **** VSaaS. *******, *** ******* is ****** ***** *** its ********** ******** *********, previously ******** *****, *** ** the **** ********* *** controversial ********* ** ***.

****** **** ****, ** examine:

  • ****** *** ****** ** VaaS / ********
  • ***** $***+ ******* ** funding
  • ******* ******* ****/*********
  • *********** ***** ********
  • *** / ******* ********
  • ******** ********* ********

[***************]

VaaS ******* ********

"****" ** * ***** the ******* ******* ~**** to ********** ** *** trend ** **** ********.

*** ****** ** *** company *** *** ********** is **** ******* *** [**** no ****** *********], ** the ***** / ***** 2000s, ** *******'* ******* explains:

******* **** ********* ******** and ******** **** ********** President *** ******** ** Dolsoft. **** ******* * 'car ********' **** *** a *********** ** ********.

** **** / ****, Vigilant *** **** ***. They ******** ****** (*********) funding ** **** **** in *** ~$* ******* range.

$100+ ******* ******* ** ****

*** ******* ******** **** $100 ******* ** ******* in **** (*** ***** *** *******) ***** ** ***** massive *** **** ***** and **** *********** **** their 2019 ******* ** ********* to ** **** **** that. *** ******* **** received $* ******* ** funding ** ****:

******* **** ****** ***********, the ******* *** *** publicized **** *** *** only ****** ** ***** covering ** **** ***** ***** **** report**** ** ******* **** the *******.

Current ******* ****

********, *** ******* ******** discloses ****** ***** *** operation. *******, ******** ******** an ********.

*** ******** ********/**** ***** [link ** ****** *********] 100+ ********* **** ******** increases ** ********* **** the **** * ***** as *** ********* ***** shows:

*** *** **** **** ***** [link ** ****** *********] ~** employees **** * ******** decrease ** ********* **** the **** **** ****** as **** ********* ***** shows:

Acquisition *****

******** ** ****** * significantly ****** *******, ** a ******* *****, *** VaaS **** ** *** for ********. ***** ******** was *********** ****** ** 2.5x *******, **** ** being ****** ** *.** revenue (* $*** ******* price *** * ********* 2019 ******* ** $*** million).

*** ********* *** *** disclose ****'* ****** **** or ************* ****** ****** Motorola *** ******* *** reveal ******* *** ** will ****** *************.

******** ** ****** * mixture ** **** *** newly ****** ******** ***** (~1.8 *******) ** **** prospectus [**** ** ****** available] ******* *********:

******** ****** **** **** to **** ** ** to *,***,*** ****** ** our ****** *****, $*.** par ***** *** *****, by *** ******* *************** named ** **** ********** supplement ***** *** ******* “Selling ***************.” ** **** not ******* *** ******** from *** **** ** the ****** ** *** common ***** ** *** selling ***************. *** ****** were ****** ** ******* 3, **** ** *** selling *************** ** ******* consideration *** *** *********** of **** ************* ********, Inc., * ******** *********** (“VaaS”).

LPR / ******* ********

******** ****** ****** ****** focused ******** *** ******** solutions. ***** *** ****** LPR ******* *** ***** primary ******* *****, ******** to ****** ****** *** parking ***********. ************, **** offer ************ *** **** recognition, ***** *** ************* records **********, *** ****** safety ********* ************ ******.

** ******* **** ************* ****-******** ******* ** their ******** ******* ** acquisition ** ****** ***.

***'* ********* ***** ** data *******, ******* *** reselling ********. **** ***** automotive ******** ********* *** plate ***** **** ******** deployed-systems ******** "*.* *******" license ***** *******. ***** plate ***** *** **** used *** * ******* they *********** *******, ***** *** ** used ** **** ********** agencies ** ***** *** accuracy ** * **** known *******. ************, **** sell****** **** ******* ****** tracking ** *****/********* *********** **** *** ***** fines *** *** ***** of ********* * ******* member *** ****** * loan/credit **** ******* **** they *** ********.

Avigilon '********* ************'

** ********'* **** ****** investor's **** (*** ** 2018 [**** ** ****** available]), ******** **** "*** Avigilon *********** ********* ** perform ***** ** *** expectations" *** **** ******** was ******* ** ~**%, noting:

*** ******'* ***** $** billion **-*****, ***** *** been ******* ** * 5% ****** ****. **'** essentially ******** **** ****** rate ** *** ******

**** ** ******* *** important ***** ********'* ******* organic ****** **** ** just *% (*** ** 2018 [**** ** ****** available]) ** ******** ** looking *** **** ** increase ***** ****** *** be **** ********* ** radios.

Avigilon ********* ******** / **** *******

*** *********** ** ********'* historical **** ****** ***** products **** ******** **** Vigilant *** ***** ******* Motorola * ****** '*** to ***' ******** *** city applications.

*** *********** ************ ****** out ******** ** ********'* command ****** ******** *** not ********:

**** ****expand *** ******* ****** ******** portfolio with the largest shareable database of vehicle location information that can help shorten response times and improve the speed and accuracy of investigations. [emphasis added]

** **** **** ************, VaaS ********** ********* ** the ********** ****** ***** Avigilon *** ** **** to ****:

** ******* ***************** ** these *** ************ *** be *********** ***** *** Motorola ********* ***** *** reach and ** **** ******* to ******* ******** ** grow *** ********* *** commercial ********.

Comments (6)

**** ****, ********* ******!

*** *********** ** ********'* historical **** ****** ***** products **** ******** **** Vigilant *** ***** ******* Motorola * ****** '*** to ***' ******** *** city ************.

*** ******* ********* ******** of ******* ******** *********** that *** **** ******* response ***** *** ******* the ***** *** ******** of **************. 

** **** ****** ** sell ****** ** ******* location ***********? ** *** intent ** ** **** surveillance, *** ***** * database ** ******* ****** and ***** ****/******** ********?

**** *** ******* **** done. **** **********, ********** in ****-******* *****, *** reluctant ** ** ******** with ******** ********* ******* it *** ****** * deal **** ***.

*** *****, ******* ****

*** *****, ******** ****

******** *********, ******** ****

(********'* ******** **** *** directly ********* ***, *** does ******* **** *******. The **** ** *** response *** ** ********* as "*********.")

***** *** ******** ***** things ***** ******** ** the ********** ****** ****. 

****** - * ******* it's *** ******** ** do *** *'* **** it's ********** ****** *** investigations. ** ***** ***** me ************* ** **** that **** *********** ** out ***** *** *'* sure * ***'* ******* one ***** ** *** ways ** ***** ** used ***********.

**** ******** ***** * lot ** ***** *********** the *** ****.  ****** you **** ** * deep ****, **** **’** all ***** **** *** federal ********** ** ********* shut **** *** ** a ***** **** ****** security, *** **** ***** have ********* * ****** desire *** * ***** investment ** ********** ****.  Maybe *** *.** **** price ** *********** *********** the ******** **** **** VaaS ** ********* ** the **** ******, *** Now ******** **** ** capitalize ** ** ** well ** **** ** new ***** **** **** current *********** ** *** border. 

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Acquisitions - Winners and Losers on Dec 10, 2019
Most major manufacturers have been acquired over the last decade. But which have been good deals or not? In this report, we analyze the...
Viisights Raises $10 Million, Behavior Analytics Company Profile on Dec 09, 2019
Viisights, an Israeli AI analytics startup marketing "Behavioral Understanding Systems", announced $10 million Series A funding. We spoke to...
Paravision AI Face Recognition Company Profile on Nov 01, 2019
Paravision (formerly EverAI) toutes being #1 in NIST testing and "America's only mission-critical face recognition" provider. We spoke to...
nFlux AI Startup Profile on Oct 28, 2019
nFlux, an Amazon, Google, and Microsoft funded AI startup told IPVM their mission is to build the most intelligent video analytics platform in the...
Alarm.com Acquires OpenEye on Oct 21, 2019
Alarm.com is targeting commercial expansion and now they have a commercial cloud VMS with the acquisition of OpenEye. In this note, based on...
Directory of 70 Video Surveillance Startups on Sep 18, 2019
This directory provides a list of video surveillance startups to help you see and research what companies are new or not yet broadly known. 2019...
Schmode is Back, Aims To Turn Boulder AI Into Giant on Sep 16, 2019
One of the most influential and controversial executives in the past decade is back. Bryan Schmode ascended and drove the hypergrowth of Avigilon...
Dahua, Hikvision, Huawei US Ban Rules Released on Aug 08, 2019
The US government has released rules on how the 2018 NDAA ban of Dahua, Hikvision, and Huawei will be implemented when it takes effect in 5...
Avigilon ACC7 VMS Tested on Jul 22, 2019
Avigilon's Control Center 7 boldly claims it will "transform live video monitoring" with the new Focus of Attention "AI-enabled" interface. We...
Motorola Acquires Watchguard, Adds to Vigilant And Avigilon on Jul 15, 2019
2 years ago, Motorola had no position nor relevancy to video surveillance. Now, they own major video surveillance, LPR and body camera providers...

Most Recent Industry Reports

Video Surveillance 101 Course Opened on Dec 12, 2019
IPVM is adding a Video Surveillance 101 course, designed to help those new to the industry to quickly understand the most important terms,...
Verkada Notification Outage on Dec 12, 2019
Verkada is suffering an event notification outage and analytic search failures. Inside, we examine what the issues are, what Verkada told IPVM...
Hikvision DS 2nd Gen Intercom Tested on Dec 12, 2019
With its newest IP intercom, Hikvision proclaims users can 'get full control over an entrance' regardless of where it is installed, home or office...
Honeywell 30 Series Cameras Tested Vs Dahua and Hikvision on Dec 11, 2019
Honeywell has infamously OEMed Dahua and Hikvision for years, but now they have introduced an NDAA-compliant line, the 30 Series, claiming "lower...
"Good Market, Bad Business Models" - Residential Security on Dec 11, 2019
Industry banker John Mack, at his company's annual event, took aim squarely at the problems in the residential security...
IP Camera Browser Support: Who's Broken / Who Works on Dec 10, 2019
For many years, IP cameras depended on ActiveX control, whose security flaws have been known for more than a decade. The good news is that this is...
Acquisitions - Winners and Losers on Dec 10, 2019
Most major manufacturers have been acquired over the last decade. But which have been good deals or not? In this report, we analyze the...
IP Camera Installability Shootout 2019 - Avigilon, Axis, Bosch, Dahua, Hanwha, Hikvision, Uniview, Vivotek on Dec 09, 2019
What are the best and worst cameras to install? Which manufacturers make it the hardest or easiest to install their cameras? We tested 35 total...
Viisights Raises $10 Million, Behavior Analytics Company Profile on Dec 09, 2019
Viisights, an Israeli AI analytics startup marketing "Behavioral Understanding Systems", announced $10 million Series A funding. We spoke to...
Disruptor Wyze Releases Undisruptive Smartlock on Dec 06, 2019
While Wyze has disrupted the consumer IP camera market with ~$20 cameras, its entrance into smart locks is entirely undisruptive. We have...