Security

Motorola Solutions Video Security Business & Financials 2023 Examined

In this Research Note, we examine Motorola Solutions’ video security and access control business in the past year, based on their full-year financial results announced on 8th February 2024, an Investor Overview published in January 2024 and other announcements. We also review two recent acquisitions, which extend the group’s video security product portfolio through entry into adjacent mass notification and sensing device markets. Motorola Solutions Video Surveillance & Access Control Business The Avigilon acquisition in 2018 was the starting point for Motorola Solutions’ Video Security & Access Control business, which has largely grown through strategic acquisitions over the past five years. Indigovision and Pelco were acquired in 2020, Openpath and Envysion in 2021 and Ava Security, Videotec and Calipsa in 2022 to augment its Avigilon leadership position in the video security hardware and software market. The video security and access control business has deployed over 5 million fixed video cameras across over 300,000 sites. Revenues […]

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