Motorola Solutions Acquires WatchGuard, Inc., Leader in Mobile Video for Public Safety
July 11 2019 - 1:00PM
Business Wire
Acquisition adds new capabilities to Motorola Solutions’ video
security solutions portfolio
Motorola Solutions, Inc. (NYSE: MSI) today announced it has
acquired WatchGuard, Inc., a U.S. leader in mobile video solutions.
Terms of the transaction were not disclosed.
WatchGuard designs and manufactures in-car video systems,
body-worn cameras, evidence management systems and software. Its
solutions enable law enforcement users to capture, manage, store
and share high-quality video evidence. The company manufactures its
products at its Texas headquarters.
“An integrated, secure mobile video solution can enhance safety
and efficiency for public safety users,” said John Kedzierski,
senior vice president, Video Security Solutions, Motorola
Solutions. “WatchGuard provides industry-leading capabilities, from
capturing an incident from more than a dozen vantage points to
technology that enables users to recover and upload video from
events hours or days after they happened.”
The acquisition expands Motorola Solutions’ mission-critical
ecosystem, adding to its video security solutions platform that
includes fixed cameras and advanced analytics from Avigilon and
license plate recognition (LPR) cameras and software from Vigilant
Solutions.
“We are excited to join the Motorola Solutions team,” said
Robert Vanman, founder, chief executive officer and chairman,
WatchGuard. “This acquisition enables us to continue providing
market-leading mobile video solutions to existing customers while
also leveraging Motorola Solutions’ global footprint and growing
video security solutions portfolio.”
About Motorola Solutions
Motorola Solutions is a global leader in mission-critical
communications. Our technology platforms in communications, command
center software, video security solutions and managed and support
services make cities safer and help communities and businesses
thrive. At Motorola Solutions, we are ushering in a new era in
public safety and security. Learn more at
www.motorolasolutions.com.
About WatchGuard Video
WatchGuard is a leading provider of mobile video solutions for
law enforcement. Its products include in-car video systems and
body-worn cameras along with evidence management software.
WatchGuard’s solutions increase transparency and accountability,
improve trust between law enforcement agencies and the communities
they serve, reduce agency liability and advance the judicial
process.
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 them that the risk factors
below, as well as those on pages 9 through 21 in Item 1A of
Motorola Solutions 2018 Annual Report on Form 10-K, 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/investor, 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
WatchGuard. 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.
MOTOROLA, MOTOROLA SOLUTIONS and the Stylized M Logo are
trademarks or registered trademarks of Motorola Trademark Holdings,
LLC and are used under license. All other trademarks are the
property of their respective owners. ©2019 Motorola Solutions, Inc.
All rights reserved.
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Media Contact Brittany Kelly Motorola Solutions
brittany.kelly@motorolasolutions.com +1 224-246-3914
Investor Contact Tim Yocum Motorola Solutions
tim.yocum@motorolasolutions.com +1 847-576-6899
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