Johnson Controls has announced that it has acquired Smartvue, a leading IoT and video provider which empowers cloud video surveillance and IoT video services. The addition of the Smartvue cloud-based video platform will enhance Johnson Controls’ offering of an end-to-end, smart cloud based solution that can provide superior business data and intelligence to customers and added value to partners.
Arguably the pioneering proprietary IP video solutions provider, Mobotix is now beginning to open its technology, recently entering into an agreement to work together with Genetec in research and development, testing, business development, and sales support for new and existing enterprise clients.
FLIR Systems, Inc. (NASDAQ: FLIR) announced that it has reached a definitive asset purchase agreement to acquire the business of Point Grey Research, Inc., a leading developer of machine vision cameras for use in industrial, retail, scientific, traffic, mapping, and other advanced imaging applications, for approximately $253 million in cash.
The year 2013 was a pivotal one for the video surveillance industry, because it was when predictions of market concentration started to become a reality. It was also when the estimated market share of the top 15 video surveillance equipment suppliers jumped 10 percentage points over the previous year’s share. In short, 2013 was when the video surveillance market finally started to mature. But that is not the whole story. Supply was —and is— becoming more concentrated, but it was not primarily the result of the many acquisitions the industry has experienced in recent years.
Smiths Group PLC announces that it has entered into an agreement to acquire Morpho Detection (“Morpho Detection” or the “Business”), a California-based detection and security solutions company, from Safran S.A. for an enterprise value of $710 million (£493 million). The closing of the acquisition is subject to customary conditions, including regulatory approvals. Upon closing, Morpho Detection will be merged with Smiths Group’s Detection division. Smiths Detection is a world leader in products and services that detect a wide range of threats, including explosive, chemical and radioactive materials, and contraband.
Anixter International Inc. (NYSE: AXE) announced that it has entered into a definitive agreement to acquire Tri-Ed, a leading independent distributor of security and low-voltage technology products from Audax Group (“Audax”) for a purchase price of $420 million. The acquisition is expected to be accretive to earnings in the first full year of operation, exclusive […]
The team at Dropcam sent out an email today where they stated they wanted to share some exciting news with everyone — Dropcam is now a Nest company. “We are thrilled to be part of the Nest family. Together, we’re going to create some amazing products that help you stay connected to the people and […]