Motorola Solutions Acquires IPVideo, Creator of the HALO Smart Sensor
December 18 2023 - 10:00AM
Business Wire
Motorola Solutions (NYSE: MSI) has acquired IPVideo, the creator
of the HALO Smart Sensor, an all-in-one intelligent sensor that
detects real-time health and safety threats. The company is based
in Bay Shore, New York.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231215565488/en/
The HALO Smart Sensor is a
multifunctional safety and security device with built-in vape
detection and air quality monitoring, gunshot detection, abnormal
noise and motion detection and emergency keyword detection. Credit:
Motorola Solutions
The HALO Smart Sensor is a multifunctional safety and security
device with built-in vape detection and air quality monitoring,
gunshot detection, abnormal noise and motion detection and
emergency keyword detection. In areas where cameras and video
security solutions are not suitable, such as restrooms, classrooms,
hospital rooms and hotel rooms, the HALO Smart Sensor can improve
situational awareness and extend the perimeter of security while
protecting privacy.
“With its powerful sensor capabilities, HALO extends our
end-to-end physical security offering by integrating a non-video
threat detection product into our safety and security ecosystem,”
said Mahesh Saptharishi, executive vice president and chief
technology officer, Motorola Solutions. “We see this as an
opportunity to introduce additional detection solutions that help
our customers protect people, property and places.”
This acquisition reinforces Motorola Solutions’ commitment to
improving safety and security by offering a cost-effective sensor
that is easy to deploy and operate for enterprises of all sizes.
Motorola Solutions and IPVideo will continue to deliver security
solutions that help create safer schools, safer hospitals, safer
hotels and safer businesses.
"We are excited to join Motorola Solutions and look forward to
strengthening the innovative solutions we deliver to our
customers,” said David Antar, president, IPVideo. “Together, we
will continue investing in and building upon Motorola Solutions’
leading safety and security ecosystem, equipping customers with
advanced ways to protect their people and enhance their operational
insights.”
Terms of the transaction were not disclosed.
About Motorola Solutions
Motorola Solutions is solving for safer. We build and connect
technologies to help protect people, property and places. Our
solutions enable the collaboration between public safety agencies
and enterprises that’s critical for a proactive approach to safety
and security. Learn more about how we’re solving for safer
communities, safer schools, safer hospitals, safer businesses –
safer everywhere – at www.motorolasolutions.com.
Motorola Solutions Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of applicable federal securities law. These statements
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 and generally include
words such as “believes,” “expects,” “intends,” “anticipates,”
“estimates” and similar expressions. The company can give no
assurance that any actual or future results or events discussed in
these statements will be achieved. Any forward-looking statements
represent the company’s views only as of today and should not be
relied upon as representing the company’s views as of any
subsequent date. Readers are cautioned that such forward-looking
statements are subject to a variety of risks and uncertainties that
could cause the company’s actual results or events discussed in
these statements to differ materially from the statements contained
in this release. Such forward-looking statements include, but are
not limited to, Motorola Solutions’ ability to integrate the
products and services into its portfolio and offerings to
customers. Motorola Solutions cautions the reader that the risks
and uncertainties below, as well as those in Part I Item 1A of
Motorola Solutions’ 2022 Annual Report on Form 10-K, Part II Item
1A of Motorola Solutions’ 2023 Third Quarter Report on Form 10-Q
and in its other SEC filings available for free on the SEC’s
website at www.sec.gov and on Motorola Solutions’ website at
www.motorolasolutions.com, could cause Motorola Solutions’ actual
results or events discussed in these statements to differ
materially from those estimated or predicted in the forward-looking
statements. Many of these risks and uncertainties cannot be
controlled by Motorola Solutions and factors that may impact
forward-looking statements include, but are not limited to,
Motorola Solutions’ ability to successfully integrate and operate
IPVideo. Motorola Solutions undertakes no obligation to publicly
update any forward-looking statement or risk factor, whether as a
result of new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231215565488/en/
Media Contact Michelle Quivey Motorola Solutions
Michelle.Quivey@motorolasolutions.com +1 312-218-0010
Investor Contact Tim Yocum Motorola Solutions
Tim.Yocum@motorolasolutions.com +1 847-576-6899
Motorola Solutions (NYSE:MSI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Motorola Solutions (NYSE:MSI)
Historical Stock Chart
From Nov 2023 to Nov 2024