Motorola Acquires Videotec

By Ethan Ace and Donald Maye, Published May 12, 2022, 01:24pm EDT (Info+)

Motorola has acquired Videotec, an Italy-based video surveillance manufacturer, its 9th video surveillance acquisition since 2019 and third so far this year (in March they acquired video analytics startup Ava and last month video analytics start-up Calipsa).

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In this note, based on an interview with a Motorola executive, we examine the acquisition, including an analysis of Videotec and its impact on the expansion of the Pelco brand.

For background reference, see our coverage of Motorola's other surveillance/security acquisitions:

Videotec ********

******** ** ** ******* ************ ** ruggedized *** *********-********* ******* *** ********, founded ** ****. *** ******* ** private *** *****+ *********.

************, ******** *** **** ***** *** selling *** ******** *** ***/**** *********** to ******, ************************. ** *** **** *** *****, they **** ***** ** ****** ***** cameras ****, ********** ************* ** ***/**** *****, ********* ******* models ********** *********-***** ******.

Videotec **** ******* - ******** ** **

********** ***** ****** ************ ******** **** ******* *** **** near €**.** ** $**.**.

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*** ********, **%, ** ********'* ******** were ********* **** *** **:

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Motorola ******* ***

** *** ********** **** ******** **,****** ******, ** ****** **** **** "** far" ********'* ******* ********. ********'********* *** ******,*** *********-*********, ******** ******, ** **** ** **** ****** housings *** *** ************ ** ******** with ********/***** ****** ********.

******** **** **** ******** ** ******** to ****** *** ***** *****, ***** Pelco's ****** ******* ** **** *** cameras *** *********-********* *********. ******* ************* of ********* ********/************* ******** ********* *************, ************* ** expected ** ****** ** ********'* ***** facility ***** ******* ***** ***** *****.

Acquired ********** ******** – ** ****** *** ******* *****

********’* ******** ***** ******* *** ***** fixed ****** **** ******** ** *** acquisition.

** **** **** **** ** **** of *** *********** **** ** **** acquiring *** ********, ********* *** ***** assets *** *** ******* *** *** employees *** ** ****** ** ******** to ******** * ****** *** ************* capability ** ***** ** *****.

** *** ******, ******** ********* **** intend ** ******* *** ****** *****-******* cameras **** *** ***** ****:

***, *** ****, **'** ******* **expand *** ***** ********* you know, both in terms of depth and breadth, and, you know, always looking for opportunities to bring on, you know, to both design capability and, and portfolio breadth, and this sort of met the need in both of those areas.

***'** ***** ** *** *** **** majority ** *** ******** **** *eave **** ******* **** ***** ***** *** ***** ******** ** *** ******** because that is a massively bigger channel

Videotec ***/****** ******** *******

******** *** *** ******* ** ******** will ****** * ******** ***** ****-****, but **** ** **** ****** *** the *********** ******. **** ******** **** Videotec's ******** *** ************* (** ***** Motorola *** *** *******) *** ****** sales.

******** **** ****** **** ******** ******** 100% ** *** *** ********* ** Italy:

Terms *** *********

*** ***** ** *** *********** **** not **** *********. ** **** ****** the ******* ** **** ****** *********. Motorola ********* ********* **** ******* ****** periodic ******** *****.

Estimated ***********

*******, ** ******** *** ********* ** a *-** ******** ** *******. **** would *** *** ******** ***** ** the ***** ** $**-$** *******.

******: ******** ********* *** ***** ** its *** ********* *******, *** ***** paid *** $** *******.

Motorola "******* *** **********" **** ************

**** ***** ******** ***** ***** ***** for *** **** ** **** *** if **** ****** ** ******* **** video ************ *********:

**'** ****** ********** ************* ** ****** organically ** ************* ***** * ****** portfolio *** *********. *** ****, *****'* nothing ****** ********** ***** **** ***** thanwe're ********* ***** ******* *** ********** *** ******** ***** ***** ******.

Comments (4)

Avatar

Brian Karas

Pelican Zero
05/12/22 05:27pm

**** ** **** ***** ***** **** circle.

* **** **** ***** *** ******* and *** ***, *** **** ******** won't ** ****, *** **** ** essentially *** **** ** ******* **** that ***** **** ***** **** ** a ******* ******* ***.

Agree: 3
Disagree
Informative
Unhelpful
Funny

Undisclosed Manufacturer #1

05/12/22 05:44pm

*********** ** *** * **** ***** company ******** ****** **** **** ** business.

* *** ** *** **** ****** have **** **** **** ****** *** refused ** *** ** * ********* higher **** ********** ****.

Agree
Disagree
Informative
Unhelpful
Funny

Undisclosed Manufacturer #2

05/12/22 09:38pm

$*** *** *** ******** ***** **** for ******** *** *** ********* ****** published *****.

** **** ********* * ***** ** $387M *** *** ******** *** $*** for *******

*****://***.******.***/*****-*******/********-*********-*******-*****-*******-****-*********-*******-****-**-**

Agree
Disagree
Informative: 7
Unhelpful
Funny

Undisclosed Manufacturer #3

In reply to Undisclosed Manufacturer #2 | 05/13/22 02:52pm

**** ********** ***** *** ******* ** OEM ******* ** *****

Agree: 4
Disagree
Informative
Unhelpful
Funny
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