Security

Exploring Motorola’s Acquisition of Ava Security & 2021 Financials

Motorola Solutions has added another company to its growing portfolio of Security brands, this time with the acquisition of Ava Security, a vendor of cloud video surveillance and analytics. Terms of the deal were not released at this stage, but in keeping with previous Motorola acquisitions, they will probably be released in a future financial statement. Only last month, UK-based Ava declared that "Overall video revenue grew globally by over 300%, ARR grew by 500%, and the number of cameras connected to the Ava Aware Cloud continues to double every three months." Many in the industry saw them as a natural competitor to Verkada, and it will remain to be seen if they can keep up that level of growth and innovation under the Motorola Solutions umbrella. From the Motorola Solutions perspective, this move is entirely in keeping with their acquisition strategy and has the added bonus of removing a fast-growing competitor to one of […]

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