Motorola Solutions (MSI) to Acquire Public Safety Software Provider Spillman Technologies

September 26, 2016 3:01 PM EDT

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

Motorola Solutions (NYSE: MSI) announced that it will acquire Spillman Technologies, a privately held provider of comprehensive law enforcement and public safety software solutions for computer-aided dispatch (CAD) and records management systems (RMS).

Spillman provides public safety software to more than 1,700 agencies throughout the United States. In addition to CAD and RMS, Spillman offers an integrated suite of comprehensive software solutions and next generation cloud-based tools for jail management systems, fire, mobile data, data sharing, field reporting, mapping and geographic information systems.

Motorola Solutions’ acquisition of Spillman is part of its strategy to expand its software portfolio and advance mission-critical intelligence with a fully integrated command center offering that connects public safety customers to real-time data and insights like never before. With a focus on small- and medium-sized public safety agencies, Spillman’s offerings are complementary to Motorola Solutions’ offerings, which are focused on larger public safety agencies.

“The Spillman acquisition demonstrates our commitment to expand our smart public safety portfolio and provide agencies of all sizes with a full suite of solutions for the command center, from call processing equipment to CAD to RMS to land mobile radio and LTE dispatching,” said Bruce Brda, executive vice president, Products and Services, Motorola Solutions. “Spillman has a rich history of providing reliable, comprehensive public safety software and professional services that will expand Motorola Solutions’ software capabilities and complement our command center offerings to meet the needs of a broader customer base.”

Founded in 1982 and headquartered in Salt Lake City, Utah, Spillman also provides its customers with professional services, including account management, training and technical support.

“Spillman has proven expertise providing comprehensive public safety software for agencies nationwide,” said Lance Clark, president and chief executive officer, Spillman. “Nearly half of our customers are the result of customer referrals, thanks to our product’s robust integration and data integrity. We are excited about the opportunities that Motorola Solutions and Spillman have together to expand the reach of these solutions to even more U.S. agencies and ensure our customers continue to benefit from the high-quality software and services they’ve come to expect.”

The acquisition agreement is subject to customary closing conditions and is expected to close in the fourth quarter of 2016. Terms were not disclosed.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Management Comments, Mergers and Acquisitions

Related Entities

Definitive Agreement

Add Your Comment