Motorola Solutions Acquires VaaS International Holdings
January 7, 2019
Motorola Solutions acquired VaaS International Holdings, a provider of AI-driven image capture and license-plate-reading analytics, for $445 million in a combination of cash and equity. The deal brings VaaS's vehicle-location data, including the Vigilant Solutions and Digital Recognition Network businesses, into Motorola's public-safety software and command-center portfolio to enhance investigatory and response capabilities.
- Buyers
- Motorola Solutions
- Targets
- VaaS International Holdings
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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