Arecont Acquisition By Costar
Arecont Vision acquisition by Costar Technologies has been approved by the court, concluding the bankruptcy process triggered by Arecont's founders $80 million loan default, and winning the auction vs Turnspire.
But who is Costar? And what happens to Arecont now? Inside this note, based on feedback from Costar and Arecont, we examine these questions.
Acquisition *****
****** **** $**.** ******* ** ****, as*** *****'* **** ***** *********:
**** ** ********** ****** **** *** original $** ******* *** **** ********* had *******. ********* **** ** **** a ******* ***, *** ***** ******.
************, ****** **** ****** *********** ** ~$10 *******:
Who ** ******?
****** ** * ******** ****** *******, with**** ************* ** $** ******* *** ****** ************** ****** $** *******. *** ******* ******** of****** *****, * ******-******* ***** ************ ********,******, ** ********** ***** ************ **************** ******** ** ****, *********** ********, ******* ****** ******* ************ ************** ******** ** ****.
***** ******* ******* ****** ***** *** CohuHD ** *****, **** ****** ** made **** ******, ** *** ******* below *****:
**** ***** ****** ****** *** *&* expenditures *** ***, ** ************ **% and *.*%, ** ***** *****:
******'* ******** ** ************ ** ******* markets ***** ******* ******* ************, ********* to ******** **** ******** ************:
Future ** ******* ** ****** / **** *&*
****** *****, ** *** ************, **** it ***** ******** ****** ** * 'real' ************:
** ******** ******’* ******** ** ****** a ****** ** *** ***** ************ industry, ************* **** * *****-***** *** product ******* ** * ************* ***** and ****** *******. ***** **** *** other ****** ************, *** ******* *********** increases *** ************* *** ****** **** approximately **% ** **% ** *** revenue.
********* ** ****, ****** ********** **** they ***** ** ********** ********** ** Arecont's ******* *&*:
******* ** ********* ******** *% ** revenue **** *** ****** ********** ** staff. ***** *** *********** ** ****** that *** *&* ***** **** ******** to *** **-**% ***** ** ** hire *** ********* ********* ** ******** the *********** *** ******* ** *** FPGA ******* ****.
********** ****, ****** ***** ***** ******* investment **** ***** **** ** ********:
**** ** ****** **-**% ** *&* with ********** ***** **** **** **** as **** ********* ** ***** ******* and *** ********** *** ******* *** future ****** ********... ****** *** ********** re-engineered ***** ******* **** ***** *** acquisition.
Arecont ********** ******** ************
*******'* ********* **** ******** ***** ** IPVM **** ** *** ***** ******'* management *** **** **** ** ***** and **** *** *********** *** ********** received, ****** ******'* "******* ********** ** improving *** ******** **** *** ******, not **** *&* *** ******** ******* and ******* ** ****."
Upside *** ******
******, ************** ****** (*** **** ****), ** * ********** ***** *******. Indeed, *******'* ******* **** **** *****, even ** ***** *******, *** **** slightly **** **** ******. *** ******, they ***** ********* ****** ***** ******* quickly. ****, ********* ** **** '*********' / **** ******* **** *** **** from ********* **********, ** ***** ******** Costar's *************. *** ***** *** *** acquisition *****, ** **** **** ******* around *** ***** *** ******** ** Arecont's ********, **** ***** *** ******* growth **** *******'* ******** ***** *********.
Challenges *** ******
*******, ***** *** ********* ********** *** Costar / ******* *********:
- *******: ***** ******'* ********** ***** **** and ***** ****** **** ****** *** relatively ***** ***** ************ ********, *** much ******* / ********* **** *** access ** **** ** * **** question *** ****** **********.
- ***********: ******* ** *******, **** **** enough ********* *** **** ** ******* cameras ** **** ** **** *** pace ** ****, ********, *****, *********, etc.? **** *** **** * *****, Arecont's ***** **** ** **** ****** resolution *** *****-****** ******* **** ****** been ********** ** *** **** *************. What *** ****** / ******* ** to ******* ****?
- ********:*******'* ***** ** *******, ** *** *** *****. *******, Costar *** **** ****** **** ***********. To **** ***, ******* **** **** likely **** ** ****** ***** *****, which **** *** ** ****.
- ********* ****** *****: ** **** ** *********** ** see *** **** '*********' ***** ******* selling ****** ******'* *****. *** *******, can ******'* ******** ****** ** ************** businesses **** ******* **** **** *****-******* in ***** *********?
Vote / ****
**** ********. *'** ***** **** ** share ***** **** *** ***** ***** forward. * ** ******* **** **** have ** *** ******* ** *** past ** *** ** ********* *** now?
*******, ***** ****** **** **** ****** comment ****** ** ***** *******, *********:
* **** *** **** ** *** exploring *** *********** ** **** **** and *** ********** ** **** ** working ** ****** ** ******** *** advantages ** ****. *** ****** ******* will ******** ** **** *** **** differentiating ******** *** ********* **** ** we ************ ****.
**** ***** *** **** ******** ******** / ************, ******* *****:
***** ***** *** *********** ** ****** ISP ********** ** **** ** ***** special *********** ********** ** *** *********** of *******, ***-******* *** ***** ****** types **** * ******** ********.
** **** *** **** **** **.
****: *** *** ******* **** **** 'regular' **** ***** *** ***** / existing ******* ******* *** ***** *****.
***** ***** *** *********** ** ****** ISP ********** ** **** ** ***** special *********** ********** ** *** *********** of *******, ***-******* *** ***** ****** types **** * ******** ********.
************ ***** **. ** **** *********, HiSilicon, **, ********, *** ******* ******. You ***'* **** ** ****, ** really ******** ******* ** ** ****, there *** ******* ***'* *********, *****, that *** *** ***** ***** ***** of ******** ** ****.
*** *** ******* **** **** '*******' SoCs
*****, *** ***** *** ***/*** ***** though? * *** *** *** *** impression **** ******* *** *** *********** influence ** *** ************ ****** ** any ** ***** **** ****** ******** or ******** ******** ** *** ******* line.
******* ****** *** ********** *** ******(*) else ** ***** ****-***** *******.
** ***'* **** ** **** *****-***** unheard ** ******* ** ******* *,*** FPGA-based ***** * ****.
* ***** **** *** ******* *** merit, *** ** ***** *** ****** evidence ** ******* **** ************? *** there **** * **** ** ** the ***** **-*********** **** *** ******'* do **** * "********" *** **** a ******** ******?
** *** **** ** ******** **** they *** *** ** *** ****-********** products, ** ** **** **** * newer ****, **** **** *** ***** SoC-based *******, ********** ***, ***. **** each **********?
****’* ***** *** ** **** ** certain ******* *** *********?
* ***'* **** *** **** ********* or *********** ***** *****, ********* ** Sielox *** *** ** *** *** Executives ****** *** ******, **** **** with ***** *** ******* ********. *'** met *** * *** ***** *** she ****** ****** **** *****, ****** and ***** ** **** *** ******* and ********. **'* *** ******** *** her ** ********* *** **** **** on ***** ***** *** ********* ********* discussions.
** **** *** *** **** *** only ****** * ***** ********- * very ******** *** ******* ********! ******* yes **** **** * **** **** uphill ****** *****.
** *** ********, ****'* ** *******!
***** ************* *** ****** *****! ****** ***** buy *** *** ****-****** ***********, **** like ****. * **** ******** ** retained **** **** ** ** ******** knows **** ***** *** ****** *** efficiencies *** ****** ** ******* *** **'* a really **** ********, **** *** **** at ******.
** **** ******* ***** ** ** the **** ********* (*'* ******** **** ****'* have ~$*** ** **** ***** ***** market *** *** **** $***) ****** * burden. *** * *****'* **** *** news ** *** ***** ** ********* for *** ******* ********.
***** **** ****** *** ****** ***** or ******* ** ****** ***** ** trying ** ******** ******** ** *** news.
*** ****'** **** **** **** **** shares ** *** ** *** *********'* radar. *** ** **** *** *** people ** * *********** *********, *** boost ** ***** ******* ***** ***** help ****** *** ******** *** **** acquisition.
*** ****** **** ********** **** **** **** ***** *** news;)
** *** ***********, ** ***'* *** take positions (**** *** *****) ** *** company ** *****.
****, ** *** ******, ***** ***** has **** *** ******* ****** (** trades ** **** **** * **** until *****), **** ** ** ****** risky.
** * *** *** *** ***** available, * ********* ***** ****, ** least *** * ***** **** ****. Hey, * ***** **** **** ** by *% ***.
* ***. *** * **** ********, knowing *** ****** *** **** ********, but *********** ***********. *'* * ***** green ******** ** ***'* **** ** to ******, *** * ******* ****** Costar ****** **** ******** ******* ***** ** like ******* ** ** *** ****** floor ** ** ***, ***** **** were ********** * ********* ***** *******.
* ***. *** * **** ********
***, ************ ***** **** ***********:)
** *** ****** **** ***** ******* increases *************, ** ***** ******** ********* to ******. *** ***** ********* ** very ***, ** *****'* ********* **** for ******.
* ***'* **** **** ********* ** experience **** ****** **** **** * low ******* ****** (*.*., **** **** no ****** *** ******). ****** **** anything ** ***** ***** *** ********* risk ** ****?
***, ******** **** ***** **** ***********! LOL. * **** *** **** *********** with ***** ******. **** **** ** **** around ******* **** **** * ******* looking *** * ******* **** ** the **** *****.
****** **/*** **** * *** ** eggs ** *** ****** **** *** few ***** ******** **** **** (*******?). But * ********** *** *** *********** to **** **** ******** ******.
**** ** ***** ******* ****** *** volumes ** ******, *** *** ***** ** up **% **** *******.
**** ** ***** ******* ****** *** volumes ** ******, *** *** ***** is ** **% **** *******.
***'** *****! ****** **** *** ****** have **** ******:
** **** ******* ***** ** ** the **** ********* (*'* ******** **** didn't **** ~$*** ** **** ***** their ****** *** *** **** $***) became * ******
******, * ***** ****** ***** **** yesterday *** **** *** ******** *** response. * **** ******* **** *****. It's * **** ******** *** * concern * ***** ** *** ******** post. ** * *** * ********, I'll ***.
****** ****,
** * ******* ****, ***** ******** through *** ******** ********* ***** * **** can ** **** **** **** *** be *** ************ ** * ****, multi-year ****-** ****.
*** ****-**? *** **** ** ***** board ******* ***** **** **** **** a *** ** ********** **** ********** ******, securities *** ******** *********. * ********:
...**** ********* ** ****** ******* *****, a ****** ********** ****, ***** ** managed * ********* ** ********** **********, post-reorganization ******** *** ***** ***********
...******** ** *********/***** *********** ****. (******: BHAC), * ***** ***** *********** *******.
...******* ********* ** *** ******* *** acquisitions ********** ** *. *. ****** Chase & **
***** ************ *******, *****, ***** ******, niche ********* **** *** **** **** positive combined **** ********** ************* *** '******* ****', 'Made ** *** ***', ****** (**** smart ** *** ********* ** * trade ***!)
** **** ** ******** ** *** how **** **** ****** ******* *** **** steps **** **** ****. ***** ************ mentioned ***** ** ***** ********* *** there ** ** ************ ******** ** any ** ***** ******** ********* ** *** as I *** ****; ** ******, *****'* ** shortage ** ***** ********* ********* ** '**********' video ********* ********* *** **** ******. Fun ***** ** ********* **...
******, **** ******. * ***** **** you. ** ********* ******** ************* ***** ** *** *******, ** mentions ***** ******** ** ********* $* - $** ******* ******* ********.
***** **** *** **** ***** *** this *** ** ***** ******** * frankenstein ********. ****** ******* ******* ********* and ****** ** ***** **** ********, I ***'* ****.
** *** ***** ****, **** ** doing ********* **** ****, *** ********* (which * ***** ** ****** **** being * *** **** ****), **** a *** **** ***** *** ******* with * *** *** (******/******* *******).
****** ******** ** *** **** ********* / ********* ********:
** **** *** ******** *** ********* through *** ****, ****** ** **** did *** ******* *** ********* ***. We ** **** * ******* ** making ************ ******* **** ********* *** utilizing *** ******** **** **** **** operations ** *** **** *** **** any **** ****, *** **** **** investments ** *** ************. ** ********** utilizing *** **** ******** *** **** acquisition.
**** ***** ** ** ***** ** to **** ******* ********* **** ******** and *** **** ** *** ********** team. *** ******* ****** ***** *** leadership *** **** ***.
** ****** ** **** ******** ***** here *** *** ****** *** ** nothing **** *** ******* * *****.
** ****** ** **** ******** ***** here *** *** ****** *** ** nothing **** *** ******* * *****.
** *********?
*** **** ****’** *** *** ***** button, ******* **** *** *** *** ** well...
**** ***** **** *** ******** ** whether ** *** **** *********** **** affect *******'* *** ************ **** ******* for ***** ***? ***** **** ****** might ******* ******* **** **** ****** of ******, ** ****, *** * just ****'* **** *** ******* ***** feel ***** **.
**** **** ****** *** *** ***** from **** ***** ******* ******* *** blaming *** "**** ***" ** **** getting ** **** ** *** ******* of *** ****** ** ******** * "glitch ** *** *** ********". ***** most ********* ***** ** *** ******** stuck ** ******* **** ****** **** those ******.
* **** ******* **** ******* *** ***** images ******** * ************ ** *****, flapping ******* ********** ***** *** ********** white, *** ********** ***** ****** *** second **** *******/**********. *** **** *** to **** ** *** ** ** ask ** ** ***** ** ******* camera *******.
****** / ******* ******* ********+************ ******. * **** ******* * ****** bit ** *** *** ****** ** include **** ** *** ****.
**** ******* *** ****** ************. *** unable ** ******** *** ****** ********** thought ** **** ** *** ** the ******. ****.
**** ****** *** * ******* ** Chapter **, ******* **** ************ *** too ****?
** ***** ******* **** **** *** the ******* ** *** *** ***** term **** *** **** ** ****** to *** ** *** ********** ** activity ****** *** ***** ***** ** normal ***** **** ******** * **** for ********* **** *** ***** ** theirs. *********.
*** ** *** ***** *** **** continuing **** *** **** ********? ***** the ******* *** ******* ********* *****, they *** **-********* *** ***** *** carving ** *** ** ***** ** sticking **** *****.
********** ** ******* ******** ******** ** one *****, *** ******* **** *********** time *** ***** **** **** ************ is * ****** ********.