This week, Thermal/IR manufacturer Axsys was acquired by General Dynamics for $643 M USD. That's a high sum for a security/video surveillance company. However, look at their Q1 financial performance and notice that revenue is high ($250M USD annual revenue run rate). While the acquisition price was 2.5 x revenue, it was only 22 x earnings.
This acquisition is not likely representative of the broader market. Axsys' profitability and relatively low number of direct competitors is in contrast to other segments in the market (e.g., IP video software, video analytics).
Related Reports on Acquisition
Arecont Acquisition By Costar
on Jul 11, 2018
Arecont Vision acquisition by Costar Technologies has been approved by the court, concluding the bankruptcy process triggered by Arecont's...
New Top Bidder, Arecont Goes To Auction
on Jul 05, 2018
$10 million cash will not be enough to buy Arecont.
Though Arecont signed a purchase agreement with a turnaround specialist, a rival video...
Allegion Acquires Isonas
on Jun 29, 2018
Isonas failed to 'revolutionize' access control as they regularly claimed.
Now, nearly 20 years after their founding, they are being acquired by...
Pelco Is For Sale
on Jun 27, 2018
Pelco is for sale, being shopped by an investment bank, IPVM has confirmed from multiple sources.
The company, acquired by Schneider Electric in...
Buy Arecont: Top Bid $10 Million Cash
on May 22, 2018
Last year, Arecont had a deal for a purchase price of $170 million (see Failed Arecont China Acquisition).
This year, Arecont has a deal for a...
Nortek Acquires IntelliVision
on May 08, 2018
One of the largest intrusion manufacturers, Nortek, has acquired the self-proclaimed 'Leader in AI-Based Video Analytics Software',...
Most Recent Industry Reports
Directory of Video Surveillance Startups
on Jul 18, 2018
This directory provides a list of video surveillance startups to help you see and research what companies are new or not yet broadly known entity...
on Jul 17, 2018
FST was one of the hottest startups of the decade, selected as the best new product at ISC West 2011 and backed with tens of millions in...
Axis ~$100 Camera Tested
on Jul 17, 2018
Axis has released their lowest cost camera ever, the Companion Eye Mini L, setting their sights on a market dominated by Hikvision and Dahua. Can...
Amazon Ring Alarm System Tested
on Jul 16, 2018
Amazon Ring is going to hurt traditional dealers, and especially ADT, new IPVM test results of Ring's Alarm system underscore.
IPVM found that...