Motorola Solutions Acquires Calipsa, a Leader in Cloud-native Advanced Video Analytics
April 19 2022 - 12:30PM
Business Wire
Motorola Solutions (NYSE: MSI) today announced it has acquired
Calipsa, Inc., a technology leader in cloud-native advanced video
analytics based in London, U.K.
Calipsa’s scalable platform enables businesses to optimize
security with AI-powered analytics that verify alarms, enable
content-based searches, detect tampering and assess the health of
cameras in real time. The solution is relied upon by enterprise and
security monitoring customers around the world.
“We believe AI, spanning from the edge to the cloud, is driving
the future of video security,” said Greg Brown, chairman and CEO,
Motorola Solutions. “With Calipsa, we can rapidly extend our
intelligent analytics across any video security solution and
support the accelerating trend of enterprises using cloud
technologies to enhance safety and security.”
Calipsa’s unique cloud-based technology allows customers to add
AI to existing IP-based cameras without additional hardware,
enabling new analytics capabilities on the millions of IP-based
cameras already deployed.
“Both Calipsa and Motorola Solutions share the mission of
keeping enterprises and communities safe,” said Mohammad Rashid,
CEO, Calipsa. “Joining the Motorola Solutions team enables us to
accelerate the development and broaden the reach of our innovative
technologies that transform video from a retroactive investigative
tool into a proactive response tool.”
Terms of the transaction were not disclosed.
About Motorola Solutions
Motorola Solutions is a global leader in public safety and
enterprise security. Our solutions in land mobile radio
communications, video security & access control and command
center software, bolstered by managed & support services,
create an integrated technology ecosystem to help make communities
safer and businesses stay productive and secure. At Motorola
Solutions, we’re ushering in a new era in public safety and
security. Learn more 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’ 2021 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, 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
Calipsa. 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.
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Media Contact Elizabeth Skube Motorola Solutions
elizabeth.skube@motorolasolutions.com +1 310-429-0388
Investor Contact Tim Yocum Motorola Solutions
tim.yocum@motorolasolutions.com +1 847-576-6899
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