Communication solutions and services providing company Motorola Solutions announces that it has acquired artificial intelligence-powered video monitoring platform Calipsa.
This acquisition will allow Motorola Solutions to leverage Calipsa’s expertise to further improve its products, such as end-to-end security solutions, camera technology, and features like alcohol age verification.
Additionally, Motorola Solutions will now also be able to analyze massive volumes of data using AI in the cloud, thanks to Calipsa’s technology.
Read More: GM files Patents for Autonomous Vehicles designed to Train new Drivers
Both the companies did not provide any information regarding the valuation of this acquisition deal.
Motorola Solutions focuses on providing public safety and enterprise security products and services, and it has expanded its video operations in recent years through a series of acquisitions.
Chairman and CEO of Motorola Solutions, Greg Brown, said, “We believe AI, spanning from the edge to the cloud, is driving the future of video security.”
He further added that they could quickly extend their intelligent analytics across any video security solution with Calipsa, helping to support the growing trend of businesses utilizing cloud technology to improve safety and security.
London-based leading cloud-native advanced video analytics company Calipsa was founded by Boris Ploix and Mohammad Rashid in 2016. The firm specializes in providing a scalable platform that allows businesses to improve security by using AI-powered analytics to verify alarms, enable content-based searches, detect tampering, and analyze the health of cameras in real-time.
Software and Mobile Video CTO of Motorola Solutions, Mahesh Saptharishi, said that Calipsa uses machine-learning algorithms to scan video and only notify a user when an incident happens. To date, the company has raised $1.5 million from investors like LocalGlobe, Future Energy Ventures, and others over three funding rounds.
“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,” said the Co-founder and CEO of Calipsa, Mohammad Rashid.
