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 ******** *****, *** of *** **** ********* and ************* ********* ** LPR.

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

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

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

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

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

*** ****** ** *** company *** *** ********** is **** ******* *** [link ** ****** *********], in *** ***** / early *****, ** *******'* website ********:

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

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

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

*** ******* ******** **** $100 ******* ** ******* in **** (*** ***** *** *******) ***** ** ***** massive *** **** ***** and **** *********** **** their **** ******* ** projected ** ** **** than ****. *** ******* also ******** $* ******* in ******* ** ****:

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

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

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

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

*** *** **** **** shows [**** ** ****** available] ~** ********* **** a ******** ******** ** headcount **** *** **** time ****** ** **** screencap ***** *****:

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

*** *********** ************ ****** 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 *** ** **** forward ** ******* ******** to **** *** ********* our ********** ********.

Comments (6)

Avatar

Skip Cusack

01/09/19 02:13pm

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

Undisclosed #1

01/09/19 03:45pm

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

Undisclosed #2

01/09/19 03:55pm

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

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

Undisclosed Manufacturer #3

In reply to Undisclosed #2 | 01/09/19 04:20pm

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

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

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

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

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

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

Undisclosed #2

In reply to Undisclosed Manufacturer #3 | 01/09/19 06:25pm

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

Undisclosed Manufacturer #4

01/09/19 05:04pm

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

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