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CHICAGO - Motorola Solutions (NYSE: MSI), a prominent $72.28 billion market cap player in the Communications Equipment industry, has announced a definitive agreement to acquire InVisit, a provider of cloud-based visitor management systems. This move aims to enhance Motorola’s Avigilon Alta security suite, addressing growing security concerns for enterprises globally. According to InvestingPro data, the company appears to be trading above its Fair Value, though it maintains strong financial health with an overall score of "GOOD."
InVisit, based in Calabasas, California, offers a scalable solution tailored for various sectors, including commercial offices, multi-tenant buildings, and educational and healthcare facilities. The system is designed to meet the complex needs and compliance requirements of large, multi-location organizations.
The acquisition is expected to close in Q2 2025, subject to customary closing conditions. Financial terms of the deal have not been disclosed.
According to Motorola Solutions’ executive vice president and chief technology officer, Mahesh Saptharishi, the addition of InVisit will improve guest experiences while ensuring safety and operational efficiency. The cloud-native suite will offer flexibility and accessibility for organizations to manage security from any location at any time.
InVisit’s technology facilitates several visitor management processes, such as guest registration, access control, host notification, and real-time insights into guest activities. It also enhances security through blocklist screening and emergency situation management, allowing for quick identification and accounting of all visitors on-site.
Steven Kim, CEO & CTO of InVisit, expressed enthusiasm about joining Motorola Solutions, highlighting the opportunity to maximize their technology’s potential with a leader in enterprise security.
Following the acquisition, Avigilon Alta’s enterprise security solution will integrate various features, including video security, access control, intercom systems, virtual monitoring, mailroom package management, wireless locks, and now visitor management. Customers will be able to manage these features through the Avigilon Alta App Marketplace on their mobile devices.
Motorola Solutions will showcase its enterprise safety and security technologies at the upcoming ISC West event in Las Vegas, starting today and running until April 4.
This expansion is part of Motorola Solutions’ broader commitment to innovating for a safer future, as the company continues to develop technologies that protect people, property, and places across various sectors.
The information reported is based on a press release statement from Motorola Solutions.
In other recent news, Motorola Solutions reported fourth-quarter earnings and revenue that surpassed analyst expectations, with adjusted earnings per share of $4.04, exceeding the consensus forecast of $3.88. Revenue for the quarter increased by 6% year-over-year to $3.01 billion, slightly above the expected $2.99 billion. For the full year 2024, the company achieved record sales of $10.82 billion, marking an 8% increase from 2023. Looking ahead, Motorola Solutions provided an optimistic guidance for 2025, projecting first-quarter EPS between $2.98 and $3.03, above the $2.94 analyst consensus. In a strategic move, Motorola Solutions completed the acquisition of Theatro Labs, a Texas-based AI firm, to enhance its enterprise security technologies. Fitch Ratings upgraded Motorola Solutions’ short-term ratings to ’F2’, citing growing balance sheet flexibility and consistent revenue growth as key factors. Analyst firm Raymond James maintained a positive outlook on Motorola Solutions, reiterating an Outperform rating and a price target of $515.00, highlighting the company’s robust cash flow and share repurchase program. These developments reflect the company’s ongoing efforts to strengthen its market position and financial performance.
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