NV5 Global Inc
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Industrials : Construction & Engineering | Small Cap Growth
Company profile

NV5 Global, Inc. is a provider of professional and technical engineering and consulting solutions. The Company offers its solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, and environmental markets. The Company operates through three segments: Infrastructure (INF), Building, Technology & Sciences (BTS) and Geospatial Solutions (GEO). Its INF segment, which includes the Company's engineering, civil program management, utility services, and construction quality assurance, testing and inspection practices. Its BTS segment, which includes the Company's environmental health sciences, buildings and program management, and Mechanical, Electrical, and Plumbing (MEP) and technology engineering practices. Its GEO segment, which includes the Company's geospatial solution practices.

Closing Price
$113.98
Day's Change
4.29 (3.91%)
Bid
--
Ask
--
B/A Size
--
Day's High
114.67
Day's Low
109.52
Volume
(Heavy Day)
Volume:
402,480

10-day average volume:
97,278
402,480

Motorola Solutions Acquires Calipsa, a Leader in Cloud-native Advanced Video Analytics

1:30 pm ET April 19, 2022 (BusinessWire) Print

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220412006063/en/

SOURCE: Motorola Solutions">

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
comtex tracking

COMTEX_405939564/1006/2022-04-19T13:30:00

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