Saturday, November 25, 2023

Motorola Solutions Acquires Ava Security Limited

Motorola Solutions (NYSE: MSI) today announced it has acquired Ava Security Limited, a global provider of cloud-native video security and analytics, based in London, U.K.

Ava Security’s scalable, secure and flexible cloud solution provides enterprises with real-time visibility and powerful analytics to optimize their operations and detect anomalies and threats. The platform offers organizations the benefit of an enterprise-grade video security solution while minimizing the physical footprint of their security infrastructure.

“Our acquisition of Ava highlights our continued commitment to advancing cloud-based video security technologies,” said Greg Brown, chairman and CEO, Motorola Solutions. “With Ava, we’re well-positioned to support our customers’ evolving security needs by expanding our portfolio of intelligent video solutions that help to enhance safety and streamline operations.”

In addition to allowing organizations to easily access, search and manage their entire system from a centralized dashboard, its self-learning algorithms also enhance enterprise security by detecting abnormal behavior and alerting operators to events in real-time.

“On behalf of the entire team at Ava, we are excited to join Motorola Solutions,” said Tormod Ree, CEO, Ava Security. “I would like to thank Ubon Partners for their backing and believing in our vision. We look forward to building upon Motorola Solutions’ industry-leading video security and access control portfolio, providing customers with advanced ways to protect their people and enhance their operational insights.”

Terms of the transaction were not disclosed.

Latest news

Domo Names Monica Pool Knox as Chief People Officer

Today Domo (Nasdaq: DOMO) announced that Monica Pool Knox will join the company as Chief People Officer (CPO), reporting to Chief Executive Officer John Mellor. In...

Half of fintechs losing $11m per year in product delays due to BaaS providers

Aite-Novarica Group today announced the launch of a new study, commissioned by ClearBank, that reveals one in five fintechs are losing $11m per year in product...

Perforce Delivers Enhanced Support for Test Automation in Latest Helix ALM Release

Perforce Software, a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, announced enhanced support for automated testing...

KOOS Receives $4m In Funding to Accelerate a New Era of Ownership

KOOS, an Estonian-based start up, has today announced $4M worth of seed funding led by high profile investors at Plural Platform with participation from...

Trellix Accelerates Channel Success Through Unified Partner Program and Expanded Security Innovation Alliance

Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), announced Trellix Xtend, a new partner program designed to increase profitability, engagement, and growth across...

One Year as One: FullCircl Celebrates Growth 12 Months After the Merger of Artesian and DueDil

FullCircl, the Customer Lifecycle Intelligence (CLI) platform that helps B2B companies in regulated industries do ‘better business, faster’, today announced explosive growth just one year...

Related news

Domo Names Monica Pool Knox as Chief People Officer

Today Domo (Nasdaq: DOMO) announced that Monica Pool Knox will join the company as Chief People Officer (CPO), reporting to Chief Executive Officer John Mellor. In...

Half of fintechs losing $11m per year in product delays due to BaaS providers

Aite-Novarica Group today announced the launch of a new study, commissioned by ClearBank, that reveals one in five fintechs are losing $11m per year in product...

Perforce Delivers Enhanced Support for Test Automation in Latest Helix ALM Release

Perforce Software, a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, announced enhanced support for automated testing...

KOOS Receives $4m In Funding to Accelerate a New Era of Ownership

KOOS, an Estonian-based start up, has today announced $4M worth of seed funding led by high profile investors at Plural Platform with participation from...

LEAVE A REPLY

Please enter your comment!
Please enter your name here