Motorola Solutions, Inc. (NYSE: MSI) completed the acquisition of Pelco, Inc., a global provider of video security solutions based in Fresno, California, for $110m in cash.
With the deal, Motorola continues investments in video security and analytics.
Pelco designs, develops and distributes end-to-end video technology, including video security cameras and video management system software. The company’s scalable solutions and commitment to service delivery enables customers of all sizes to mitigate risk, increase operational efficiencies and enhance safety.
Led by Greg Brown, chairman and CEO, Motorola Solutions is a global leader in mission-critical communications and analytics. Its technology platforms in mission-critical communications, command center software, video security & analytics, bolstered by managed & support services, make communities safer and help businesses stay productive and secure.