DeepNeuronic Acquired by Motorola Solutions in Strategic AI Video Analytics Deal
Young America Capital advised DeepNeuronic, an AI video analytics company based in Covilhã, Portugal, on its acquisition by Motorola Solutions. The deal involves the full purchase of DeepNeuronic's share capital and includes its Brazilian subsidiary. Terms were not disclosed. Founded in 2021 by Vasco Lopes and Bruno Degardin, DeepNeuronic’s technology is already used across various sectors including highway operations, airports, manufacturing, and retail in Portugal and Brazil. Motorola Solutions plans to integrate the AI video analytics into its Avigilon platform, which operates globally. The 17-person team from DeepNeuronic will remain based in Covilhã as part of Motorola’s workforce. Young America Capital's Ran Zfoni led the advisory role for this cross-continental transaction. The acquisition is seen as a strategic move to enhance Avigilon with cutting-edge AI capabilities, potentially expanding its market reach and technological edge.
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Topics: acquisition AI technology integration video analytics