Terms of the deal have not yet been disclosed. Rave was founded in 2004 and has about 220 employees.
Rave’s cloud-based technology powers incident reports, panic buttons, location data and other features that are becoming increasingly important in this mobile and digital era. Rave enables people to communicate about lockdowns, evacuations, health emergencies and other situations. Rave has also helped some U.S. cities prepare for hurricanes.
"Motorola Solutions’ technologies strengthen the critical intersection of public safety and personal security," said Greg Brown, chairman and CEO of Motorola Solutions, in a statement announcing the deal. "Our acquisition of Rave complements our portfolio with a platform specifically designed to help individuals, businesses and public safety agencies work together in more powerful ways.”
Rave’s platform will become part of Motorola's technology portfolio, which also includes access control, weapon detection tools, body-worn cameras and other services.
“Rave and Motorola Solutions share a deep understanding of communication and collaboration workflows for customers, including the essential role of mobile technology, when addressing complex and evolving safety challenges,” said Todd Piett, Rave's CEO, in the statement. “We’re excited to extend our reach and impact as we join a global leader in public safety and enterprise security.”
Shea & Co. advised Rave on the acquisition. In a note, the firm said Rave has about 6,500 customers in state and local government, schools, hospitals and higher education institutions.
“The acquisition extends Motorola’s footprint in school and public safety, seamlessly connecting students, citizens and first responders in situations where seconds matter most,” the note said. “Rave helps thousands of K-12 schools and higher education institutions across the U.S. collaborate with staff, medical personnel, law enforcement and parents across a variety of situations.”
