Motorola Solutions Inc. announced yesterday that it has acquired WatchGuard Inc., a Texas-based mobile video solutions provider, for an undisclosed amount.
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WatchGuard designs and manufactures in-car video systems, body-worn cameras, evidence management systems and software. Specifically, its products are designed to help law enforcement users “capture, manage, store and share high-quality video evidence.” It has not raised venture dollars, according to its Crunchbase profile.
Motorola said the buy expands its mission-critical ecosystem, by adding to its video security solutions platform. Illinois-based Motorola creates mission-critical communication solutions and services geared toward public safety and commercial customers.
The deal is one of 40 known acquisitions that Motorola has made over its lifetime and its third in 2019 so far. In March, it picked up Avtec, a South Carolina-based provider of pure voice over IP dispatch console systems to customers in utility, public safety, airline, railroad, and government markets. It too doesn’t appear to have been venture-backed.
And in January, Motorola acquired Fort Worth, Tx.-based VaaS International Holdings, a license plate recognition provider, for $445 million in stock and cash. VaaS had raised a known $5 million since it was founded in 2014 so this seems like a good exit for its investors.
Motorola does seem to be accelerating its acquisition pace, having made just one acquisition in 2018 and one in 2017. Whether these three buys are signalling more to come this year remains to be seen but there is certainly an uptick in its cadence.
Illustration: Li-Anne Dias
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