Exacq 3 Co-Founders Exit

I also heard that Tom Buckley has also put his notice in. No word on when his last day would be. 

He is the last of Exacq marketing to leave. All the others have left in the past several months. 

Sure going to miss these guys, they were a class act from start to finish!

Not surprising news, but it is making me take another look at exacq for the long term for software updates and hardware warranties, and current pricing.  I've been using exacq for the past 7 years and have been very happy with their software.  Hardware hasn't been as robust as if I had built it myself, but buying assembled saved me a lot of time.  I need to add another NVR and keeping it simple means adding another Z-Series.

I recently reached out to inside sales at exacq to inquire about their Z-Series hardware and OS - why they were still shipping with Windows 7 and Gen 4 processors and if there was a planned date for Windows 10 and Gen 6 processors. 

I was told July 2017 they will start shipping with Windows 10 embedded.  (apparently they are still finishing out their support for embedded Win7)

I actually like Windows 7 much more than 10, but current pricing doesn't seem to reflect their use of older hardware and OS.  Anyone else think Tyco's prices are a little high for older tech?

First off its not tyco any more its johnson controls inc. or JCI. Tyco is being phased out over the next 2 years with most of the life safety already underway or or done.

it wont be long till they get to or less important ( revenue generating wise) aspect of what is left of Tyco.

That being said these guys have it made they are going out before you see some changes with Excaq so if they choose to get back in or do another start up, they will have a little more credibility. 

Then again Hikvison will throw money at anything they can easily get a job with them.

With leadership running for the hills, I can't imagine this being positive for the future of Exacq. 

As an access control manufacturer we had a good integration with Exacq and regularly encouraged customers to buy/use Exacq. However post Tyco merger, we ran into a customer issue so we requested an updated API from Exacq and were told we were no longer allowed to have it. So much for being good partners.

The VideoInsight owners are at the end of their 2 years with Panasonic.  The combined brain power could yield one heck of a new company. 

Exacq's executives had a 3 year earn-out from the 2013 acquisition, which would have ended in the past few months, according to sources.

Cashout leaves Exacq change.

Well I may have to wait on my Exacq's NVR purchase based on all these comments

I told myself I wasn't going to post anything about this...please forgive my going undisclosed, but I just couldn't sit back and let it go anymore.

The exit of 3 of the founders was not at all unexpected, and in fact it has been planned for some time.  The reality is that all three had been moved into positions that really didn't have much to do with the day to day running of Exacq or it's product development for at least the last couple of years, based on my understanding.

Exacq will be just fine, and based on what I've seen over the past year, much of the struggles they were facing back in 2015 were largely corrected (or at least on the path to correction) throughout 2016.  Loyal dealers who know these folks don't seem too concerned...it's the less common dealers and folks from the outside who are making assumptions based on limited information.

I'm not telling you what to think at all, but I will say that Exacq is doing well and should continue their success for a while to come.  For anyone genuinely concerned and not just looking to capitalize on their perceived misfortune, I hope this helps.

Disclosure: No, I do not work for Exacq, but I know them well.