Alexander Fernandes

ObjectVideo Sells Entire Patent Portfolio to Avigilon

Avigilon Corporation (“Avigilon”) (TSX:AVO), a leading global provider of end-to-end security solutions, announced that it has completed the acquisition of the entire patent portfolio and the patent licensing program of ObjectVideo, Inc., for cash consideration of US$80.3 million. Founded in 1998, ObjectVideo is an innovator in the intelligent video solutions market. ObjectVideo’s video analytics patents, now acquired by Avigilon, are licensed and deployed by leading IP video manufacturers around the world.

Avigilon CEO Alexander Fernandes Answers Six Tough Questions

The tough questions began at about six in the morning, eastern time, on May 7th, just a few hours after the announcement. What does this mean? Why now? Is there more to follow? The press release was from Vancouver’s Avigilon and the news was that its CFO, Brad Bardua was leaving the company for health […]