NSC

Nortek Security & Control Acquires IntelliVision, Establishing Leadership In Artificial Intelligence And Video Analytics

Posted by Jay Bartlett May 11, 2018 4:37 am Categories: Corporate News, Video Analytics. Tags: AI, Artificial intelligence, IntelliVision, Joe Roberts, Mike O'Neal, Nortek, NSC, video analytics.

Leaping to the forefront of the rapidly growing fields of Artificial Intelligence (AI) and video analytics, Nortek Security & Control LLC (NSC), a global leader in smart connected devices and systems for residential, security, access control and digital health markets, announced the acquisition of San Jose, California-based IntelliVision Technologies Corp., a pioneer and leader in Artificial Intelligence, smart cameras and deep learning-based video analytics software. IntelliVision will operate as a wholly owned subsidiary of NSC. IntelliVision will continue to support its customers and products.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.