ObjectVideo $18 Million Patent Licensing Revenue, Avigilon Reveals

Published Mar 03, 2015 05:00 AM

ObjectVideo is making millions on patents.

And Avigilon will now look to build on that momentum.

New financial disclosures as part of Avigilon's OV patent deal shows this. In this note, we break down the financials and examine what this means for manufacturers and the industry at large.

Business *********** ******

******:********'* ******** *********** ********* *** ** ****** ****.

Key ********* *******

** *** **** *.** ***** (**** - ** ****), ****** ***** ****** licensing ******** ********* ~$** ******* ***** revenue ****:

  • $*.* ******* **** *******
  • $*.* ******* **** *******
  • $*.* ******* **-** **** *******

** **********, ******** *** ******/**** ****:

  • ****: $*.* ******* ******** *** $*.* million ****
  • ****: $*.* ******* ******** *** $*.* million ****
  • ****: $*.* ******* ******** *** $*.* million ******

****, **** *** *** ******* **** of ********, ********** *** ******** ********.

** ******* *** ************ ******** ** the ******** ****** *** *** ********** / ***** ********.

Few ************* - **% ** *******

**** * *** *************, ****** *, ******* for ~**% ** *** ******* ********* so ***.

  • ** ****, *** ************ **** ** ~$8.4 ******* ***, ************ **% ** the ****'* *******.
  • ** ****, *** ************ **** ** ~$750,000 ***, ************ **% ** *** year's *******.
  • ** **** (**-**), *** ************* ******** paid ** $*.* ******* ***, ************ 84% ** *** ****'* *******.

** / ******** ******** ***** ** licenses, *** * ******** ** ***** represent ****** *** ** *** *******. Who *** *** ****** ************* *** is *** *********.

**** *** ******, ** ******* ***** are *** ****-*** ********, ****** ********* 10+ ***** ** ****** ******** ****** multiple *******, ******* **** **** *** unlikely ** **** ** *** ***** in *** ******.

Impact *** ********

***** ******* ** ********* ** * few ********, ** ** **** ** project **** **** ***** *** ********'* future ******* ******. *** *******, ** 2015, **** **** *** *** '*****' payment ** * ** *? *********** this ** *** ******* *** *** manufacturers *** ******* **** *** (*.*., if **** *** ***** ** ***** be **** ** ******** **** ***** manufacturers ** ************* **** ***** ***).

*******, ***** *** **** ** *************, and ** ******** *** ****** ~$* million **** **** ** ****, ** does *** **** **** **** ** pay **** *** $** ******* *********** cost.

***********, ***** *** ****** ** *** payments, ** ***** ** ********** *** a ****** ************ ** ***** *** money ** *** ** ********** *** Avigilon ******** ******* *****-*********** *******.