Arecont Vision®, the industry leader in IP-based megapixel camera technology and video surveillance solutions, will demonstrate the company’s new Total Video Solution here at IFSEC International 2018. Arecont Vision executives will join members of the European sales team in stand D400, June 19–21, 2018 at the ExCeL, Royal Victoria Dock, London, UK. A presentation of Arecont Vision’s remote setup technology will also be on the conference agenda. IFSEC 2018 will be the first public unveiling in Europe of the Contera VMS® Video Management System, ConteraWS® Web Services, Contera CMR® Cloud Managed Recorders, and ConteraIP® megapixel cameras that were announced earlier this year.
Arecont Vision® announced that it has executed an asset purchase agreement with an affiliate of Turnspire Capital Partners, LLC under which Turnspire will acquire substantially all of the Company’s assets. As previously announced, the Company has initiated proceedings under chapter 11 of the United States Bankruptcy Code in the District of Delaware to facilitate the Purchase Agreement and substantially reduce its debt. The Company has also filed a bid procedures and sale motion with the Court. The Turnspire bid will be subject to an auction at which it will be subject to higher and better offers, and requires Court approval.
Arecont Vision® announced that it will execute an asset purchase agreement with an affiliate of Turnspire Capital Partners, LLC under which Turnspire will acquire substantially all of the Company’s assets. To eliminate the company’s debt, the Company has initiated proceedings under chapter 11 of the United States Bankruptcy Code in the District of Delaware, from which it expects to emerge with a clean balance sheet and fresh capital.
Arecont Vision® announces the launch of new products that together deliver an advanced, comprehensive video surveillance solution. The company now offers megapixel cameras, cloud-managed video recorders, and a range of video management system choices for a complete and flexible solution to address traditional and cloud-based video surveillance project requirements. All of the new Arecont Vision product offerings will be on display in booth #8045 at ISC West, held at the Sands Convention Center, Las Vegas, NV, April 11 – 13, 2018.
Arecont Vision® announces important changes to its executive management team in order to better position the company for continued growth. Arecont Vision has promoted several executives to larger roles as part of these changes. Raul Calderon has been promoted to Chief Operating Officer and General Manager of Arecont Vision. Scott Schafer, who has been Executive Vice President of Arecont Vision for the past nine years, has left the company.