ARES Speaks On The Future Of Vidsys And PSIM

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

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.

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**** ********** ***** ** **** ***** what **** ******** *** ** **** note, ** ******* *** **** *** ARES *****.

Acquisition ********

**** **** **** **** ******** *** Vidsys ****** ******, *****, ************ ********, software, *** **** ******** *********. **** noted **** **** *** *** ******* all ** *** *********, ************ ***** that **** *** *********** ******. **** also ********** ******** ****** ****.

****** **** ****** * ********** ** ARES, **** * ****** ********** **********.

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

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**** ******* ** **** ** * software *********** ****, ***** *** ********** group **************** ** ********** (*** *******)********* ******* *** **** ****** *** dispatch *******. **** ******** ***** ******** count **** ** ~** *********, ** from ** ***** ** *** ***********.

**** **** *** **-***** ********* **** platform,***** ***** ******** ** ***********, ********* **% of ******* ***** ****** ** *** US ******** ** ******** **********.

**** ** ********* ****** ***** *** *********** * ***** ***** ** ***** investors. **** ********* **** ****** ******* of ~$** ******* *******.

Focused ******

**** **** **** *** ******* ** sales ****** **** *** ** ********, port ********, *** ******* ***** ******. Vidsys ************ ******** ********* ******** *** ARES **** **** **** ******** ** support ****** ** ***** ********, ***** also ************* **.

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

**** **** **** ***** ******'* ******** was ******** **** ***** ** ** some ********* ******* (*** ***** *** integrations, ***** *******), ****** "***********, *** much, **** *** **** *********".

****** "****** ******* * *** ** investor *******", *** ******** ** **** is ****** ************ ** ******** ** ** ******* over *** **** ** *****,*** *****, "**** ****** ** **** for **".

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

**** **** ******* *** * ********* in ********, ***** ********** ****** ********* features **** ****** ** ***** ** over ****. ***** ** ******* ******** *********** ** ******* ******, **** ******** **** ******* ***** take *-* ***** ** ********.

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

* *** ********* ** **** ******** is ********** ******** *** ********** ********* of ******** **** ********* ** ****** and ******. **** ******** ******** ****** of ****-***** ******** ******** *******, **** is ******** ******** ** ** "******* twinning" ** *** *** ********.

*** **** ******* *** *********** ** these ******, ********* ** ****, ** using ** ** ******* ************ ******** (i.e.* ******** ****), ***** *** **** ** ****, and ************* ******** *** ******, *******, and ***** ***** ** *** ******.

**** ***** *** **** ** ********** growth *** ** *** **** ** the ******* *** ******* ********** ** ground-based ******, ************ ** ***** ** dangerous ************ (*.*. ******* ********).

Conversion ** ****

**** *** *********** ** ******* ******, ARES **** **** ******** ** ******** a **** **** ****** * "****-**********" containerized *** ******** ********** ************. **** said **** **** ***** **** **** model ** ****** ** **** ********* features ** ***** **.

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

**** **** **** *** *** ******** fundraising, *** ***** ** **** ***** more *****, ** **** ** ****** capital, *** ******* *** ***** *******. However, **** **** **** *** **** to ***********, *********** **** *** ********* "transformational" ********** ** * ****, *** based ** ***** ********** **********, ******** a ****-** ***********.

Future ** ****

**** ******** ** *** **** ************ to **** **** *** ****'* ********** of **-****** **** ********, ***** ** believe ********** ******* *** ******** ******* and ********* ********* ** ******** ****. While **** ***** **** ** *********** to ****** ** *** **** *** of *** ******, **** ***** **** they ********* **** **** **** *** become * **** ****** ********. *******:*** **** **** ***** ** *******.

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