Battery Ventures
Hexagon AB acquires Qognify
Hexagon acquires Qognify from Battery Ventures, a global, technology-focused investment firm. Qognify was formed in 2015 when Battery Ventures acquired the physical security division of NICE Systems, thus creating a new brand in the market. In 2018, Qognify acquired On-Net Surveillance Systems Inc. with its brands OnSSI and SeeTec, forming a leading global player in the physical security market. Qognify?s video management (VMS) and incident management (EIM) solutions are used by companies and organizations around the world to mitigate risk and reduce the impact of incidents related to security, safety and operations.
Qognify To Acquire On-Net Surveillance Systems (OnSSI)
Qognify announced that it has signed a definitive agreement to acquire On-Net Surveillance Systems, Inc. (OnSSI) and the OnSSI company SeeTec GmbH. In bringing these award-winning technology solution portfolios together under one roof —including Qognify VisionHub, OnSSI Ocularis, and SeeTec Cayuga— Qognify becomes one of the largest VMS, Video Analytics, PSIM, and critical incident management companies in the world. Qognify is backed by global investment firm Battery Ventures.