Motorola Solutions, Inc. announced it has acquired VaaS International Holdings, Inc. (VaaS), a data and image analytics company based in Livermore, California and Fort Worth, Texas. Motorola Solutions paid a purchase price of $445 million in a combination of cash and equity. VaaS, a ‘video analysis as a service’ company, is a global provider of data and image analytics for vehicle location. The company’s image capture and analysis platform, which includes fixed and mobile license plate reader cameras driven by machine learning and artificial intelligence, provides vehicle location data to public safety and commercial customers. Its subsidiaries include Vigilant Solutions for law enforcement users and Digital Recognition Network (DRN) for commercial customers. The company’s 2019 revenues are expected to be approximately $100 million. Improving speed and accuracy of investigations Vehicle location information can help accelerate time to resolution and improve outcomes for public safety agencies“Automated license plate recognition is an increasingly powerful tool for law enforcement,” said Greg Brown, chairman and CEO, Motorola Solutions. “With this acquisition, VaaS will expand our command center software portfolio with the largest shareable database of vehicle location information that can help shorten response times and improve the speed and accuracy of investigations.” VaaS’ platform enables controllable, audited data-sharing across multiple law enforcement agencies. Vehicle location information can help accelerate time to resolution and improve outcomes for public safety agencies, particularly when combined with police records. For example, law enforcement has used VaaS’ solutions to quickly apprehend dangerous suspects and find missing persons. Licence plate data and AI technology “We are very excited to be joining Motorola Solutions,” said Shawn Smith, co-founder of VaaS and president of Vigilant Solutions. “This acquisition enables us to continue to serve our existing customers and expand our footprint globally, while at the same time supporting a company with a commitment to innovation and growth, guided by a common purpose that aligns with our mission and culture: ‘To help people be their best in the moments that matter.’ It doesn’t get any better than that.” VaaS’ fixed and mobile license plate reader cameras can capture and analyze license plate information, which differs greatly by state and country“Our extensive license plate data and AI technology have opened new commercial applications of our products,” said Todd Hodnett, co-founder of VaaS and president of Digital Recognition Network. “We believe commercialization of these new applications can be accelerated under the Motorola Solutions brand and reach, and we look forward to working together to grow and diversify our commercial business.” License plate reading is a highly specialized practice that requires purpose-built cameras and analytics. VaaS’ fixed and mobile license plate reader cameras can capture and analyze license plate information, which differs greatly by state and country, even when vehicles are moving at high speeds or in low-visibility weather conditions.
Vigilant Solutions - an AI and data analytics company that provides technology to public safety - announced it has entered the body worn camera market by acquiring Edesix Ltd, a global provider of wearable security hardware and software, and the United Kingdom's number one manufacturer of body worn cameras. The acquisition strengthens Vigilant's position as a market leader in image capture solutions by adding body worn camera images via hardware and software and in-car camera technology to its existing suite of automated license plate recognition (ALPR), facial recognition, ballistics analysis and gun crime mapping hardware and software solutions. Expanding Public Safety Customer Base This acquisition puts Vigilant in the position to offer public safety a full suite of image capture solutions including the ability to integrate our suite of technologies with in-car cameras""Vigilant Solutions is excited to enter the body worn and in-car camera markets," said Shawn Smith, Founder and President of Vigilant Solutions. "This acquisition puts Vigilant in the position to offer public safety a full suite of image capture solutions - both in the U.S. and internationally - including the ability to integrate our suite of technologies with in-car cameras. Edesix has a strong global footprint, which includes more than 20,000 body camera deployments across several industries and five continents. This acquisition allows us to continue to build Vigilant's global brand. In addition, Edesix also enhances Vigilant's hardware and software engineering capabilities." With the acquisition of Edesix, Vigilant is not only entering the body worn and in-car camera markets but is also expanding its presence beyond its traditional public safety customer base and will serve a broad range of commercial industries. Video Evidence Management System Body worn camera and in-car camera footage obtained via Vigilant's hardware, is stored in VideoManager, a robust video evidence management system. VideoManager is a component of Vigilant's cloud-based investigative platform, which includes image capture data and analytics for ALPR, facial recognition, ballistics and gun crime mapping. "The Edesix team is thrilled with the acquisition by Vigilant Solutions, which has been at the forefront of machine vision and machine learning technology innovation in the public safety community for years," said Richie McBride, CEO of Edesix. "The combination of Vigilant's image analytics solutions and our body worn and in-car camera products is truly exciting. When you consider that our solutions seamlessly integrate into Vigilant's investigative platform, the global public safety community has some incredibly powerful tools to keep them and their communities safe."
Artificial Intelligence: Understanding Its Place In Physical SecurityDownload
Delivering Smart, Secure and Healthy Retail Environments with the CloudDownload
Protecting Your Data Against Physical ThreatsDownload
Achieving True Situational Awareness In Operation Centers With Computer Vision & AIDownload