TASER To Buy MediaSolv

(RTTNews) - TASER International Inc. (TASR), the global leader in cloud-based digital evidence management and body-worn video, today announced it has signed a definitive agreement to acquire MediaSolv Solutions Corp.

The deal will include $8 million of cash at close, with up to $5 million of earn-outs for shareholders and employees, employee retention and relocation payments for a total potential price of $13 million. MediaSolv's eleven employees have been offered employment at TASER and will transition over the coming months.

The acquisition will expand on TASER's investment in digital evidence management, providing existing and new customers a cloud-connected pathway for data siloed across their agency, including CCTV, in-car video, interview room video, digital images, and more.