ARES Speaks On The Future Of Vidsys And PSIM

By John Honovich and Sean Patton, Published Feb 04, 2021, 09:28am EST

Vidsys the company is no more but Virginia HQ'ed ARES Security, acquired a significant portion of Vidsys that had previously raised over $60 million, for pennies on the dollar.

IPVM Image

**** ********** ***** ** IPVM ***** **** **** acquired *** ** **** note, ** ******* *** deal *** **** *****.

Acquisition ********

**** **** **** **** acquired *** ****** ****** rights, *****, ************ ********, software, *** **** ******** contracts. **** ***** **** they *** *** ******* all ** *** *********, specifically ***** **** **** not *********** ******. **** also ********** ******** ****** debt.

****** **** ****** * subsidiary ** ****, **** a ****** ********** **********.

Ares ******** ***********

IPVM Image

**** ******* ** **** as * ******** *********** firm, ***** *** ********** group **************** ** ********** (*** Hexagon)********* ******* *** **** center *** ******** *******. ARES ******** ***** ******** count **** ** ~** employees, ** **** ** prior ** *** ***********.

**** **** *** **-***** developed **** ********,***** ***** ******** ** ***********, including **% ** ******* power ****** ** *** US ******** ** ******** **********.

**** ** ********* ****** by*** *** *********** * ***** ***** of ***** *********. **** estimates **** ****** ******* of ~$** ******* *******.

Focused ******

**** **** **** *** focused ** ***** ****** with *** ** ********, port ********, *** ******* power ******. ****** ************ targeted ********* ******** *** ARES **** **** **** continue ** ******* ****** in ***** ********, ***** also ************* **.

Vidsys "***********"

**** **** **** ***** Vidsys's ******** *** ******** than ***** ** ** some ********* ******* (*** party *** ************, ***** engines), ****** "***********, *** much, **** *** **** customers".

****** "****** ******* * lot ** ******** *******", the ******** ** **** is ****** ************ ** ******** ** VC ******* **** *** past ** *****,*** *****, "**** ****** to **** *** **".

Supporting **** ********* *** * - * *****

**** **** ******* *** 2 ********* ** ********, while ********** ****** ********* features **** ****** ** Avert ** **** ****. Based ** ******* ******** *********** ** Command ******, **** ******** **** process ***** **** *-* years ** ********.

AI *********** - ********** / ********** / ********

* *** ********* ** ARES ******** ** ********** training *** ********** ********* of ******** **** ********* to ****** *** ******. ARES ******** ******** ****** of ****-***** ******** ******** systems, **** ** ******** referred ** ** "******* twinning" ** *** *** industry.

*** **** ******* *** development ** ***** ******, according ** ****, ** using ** ** ******* conceptional ******** (*.*.* ******** ****), ***** *** **** in ****, *** ************* generate *** ******, *******, and ***** ***** ** the ******.

**** ***** *** **** of ********** ****** *** AI *** **** ** the ******* *** ******* automation ** ******-***** ******, specifically ** ***** ** dangerous ************ (*.*. ******* reactors).

Conversion ** ****

**** *** *********** ** Command ******, **** **** they ******** ** ******** a **** **** ****** a "****-**********" ************* *** scalable ********** ************. **** said **** **** ***** this **** ***** ** Vidsys ** **** ********* features ** ***** **.

Open ** *********** / ****-**

**** **** **** *** not ******** ***********, *** noted ** **** ***** more *****, ** **** be ****** *******, *** growing *** ***** *******. However, **** **** **** are **** ** ***********, emphasizing **** *** ********* "transformational" ********** ** * PSIM, *** ***** ** their ********** **********, ******** a ****-** ***********.

Future ** ****

**** ******** ** *** more ************ ** **** than *** ****'* ********** of **-****** **** ********, which ** ******* ********** matches *** ******** ******* and ********* ********* ** offering ****. ***** **** gives **** ** *********** to ****** ** *** high *** ** *** market, **** ***** **** they ********* **** **** will *** ****** * mass ****** ********. *******:*** **** **** ***** Be *******.

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