SeeTec GmbH

Qognify Completes Acquisition of On-Net Surveillance Systems

Posted by Jay Bartlett January 3, 2019 4:14 am Categories: Corporate News, Video Analytics, VMS Software. Tags: Cayuga VMS, ocularis, onssi, Qognify, SeeTec GmbH, Steve Shine.

Qognify announced that it has completed the acquisition of On-Net Surveillance Systems (OnSSI), including the pioneer of IP video technology – SeeTec GmbH. Backed by the global investment firm Battery Ventures, Qognify announced the agreement on December 22, 2018 and the deal closed on December 28, 2018. With Qognify, OnSSI and SeeTec operating under one umbrella, the company is today one of the largest VMS, Video Analytics, PSIM and Critical Incident Management companies in the world.

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.