Azalea Acquired: Wireless Video Surveillance Deal Examined

Author: John Honovich, Published on May 09, 2010

Azalea Networks, a wireless mesh provider specializing in video surveillance applications was acquired by Aruba Networks, a broad provider of wireless/Wifi solutions for corporations.

The maximum price to be paid for Azalea is approximately $40 Million. However, $13.5 Million is based on future cash payouts on contingent rights. The initial stock purchase of $27 Million is also subject to a number of adjustments (review the 8K for details on the acquisition terms).

****** ******** ******* ******* $** ******* ***** *** ********* ** 2005 (********** ************* *********). *** **** ***** ******** ********* *** $** ******* ** Q1 ****.

***** ********, *** ******** *** ********* **** ** *** *********** ********* *** ********* *** ******* ** ******:

  • ****** **,*** **** ***** ********
  • ****** *** ***** *********
  • $* ******* ** **** *******
  • ***** *** ********* ********* (**** ** *****)
  • **** ***** *** ** ***** *** **
  • ****** ***, ****** ** ** ******* **** ****** ** *****
******* ** ***** ******* ******* ** *********** ****** ******* *** ***** ********* *** ******** **** ******* of $* *******.

***** **** ****** ******** **** ****** ****** ****** *** ****** at **** *** **** **** *** ************* ******* *********, ****** as ***** **** ******* *** ******. ** $* ******* ** 2009 ******* *** *** ********* (**** ********* ** ***** ******* salaries), **** ****** *** * *********** **** ****.

*** *********** **** ******'* ********* ** ** ** ** **** revenues ***** ** ******* *******'* *** *********(**** ***** *************** $*** *******, ******* ********* ** ************* $* *******). *** * ***** surveillance ******* ************, **** ** * ****** ***** *********.

*******, **** *** *********** ** *** *********, **** ** * fairly **** **** (***** ******** - $** *******, *********** ***** - $** to $** *******).

**** *********** **** ***** ** * ********* *** ********* *** other ******* ***** ************ *********, **** ******* ******** *** ********* **** $** ******* ** **********.

** ******* **** ** ***** **** ***** ************ ********* **** under $** ******* ** ****** ******* ** **** *** **** need ** **** ******* ** ************* ** ******* **** ** valuations ********* ** ******* ***** **********.
Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Glass Doors and Access Control Tutorial on Feb 22, 2017
The biggest challenge for many access control systems are glass doors. Here's what happens when a maglock is improperly installed to an existing...
The Hot RMR Company - Electric Guard Dog on Feb 22, 2017
The financiers at the Barnes Buchanan conference praised a company named 'Electric Guard Dog'. While the name sounds fairly low tech, the money and...
'Dirty': Hikvision Attacks Genetec on Feb 20, 2017
Hikvision is angry at the growing public awareness that Hikvision is owned by the Chinese government. They took aim at Genetec,...
Directory of Alarm Panel Manufacturers on Feb 16, 2017
Alarm panels are the central controller of intrusion systems. The following is a list of manufacturers of alarm panels. This directory only covers...
China Huawei Gives France Free City Surveillance on Feb 16, 2017
China is using its financial resources again, this time in France, just a month after the Chinese government funded a $100 million security /...
Alarm Panels - Canned vs Integrated on Feb 07, 2017
Alarm control panels generally come in one of two types: Integrated alarm controllers, with controls and the keypad in the same...
$18.7M PSIM Acquisition Examined (IDV / Everbridge) on Feb 06, 2017
This may be the biggest deal for a PSIM developer ever. In a segment that has disappointed for more than a decade, a recent IPOed company has...
Veracity Acquires PSIM Manufacturer on Feb 03, 2017
Most well-known for their Ethernet extenders, with their own video surveillance storage offering, Veracity has now acquired a PSIM. UK-based...
Tyco DSC PowerSeries Neo Intrusion Tested on Jan 30, 2017
Tyco's intrusion system line, DSC, is one of the most widely installed brands. Their primary intrusion panel series, PowerSeries Neo, is...
Startup Targets Rapid Deployment Cameras on Jan 27, 2017
Easy to deploy "wire free" cameras have been a goal of the security industry for some time. Manufacturers, such as Micropower, have tried, and...

Most Recent Industry Reports

Honeywell Sues Alarm.com For Violating Anti-Trust Laws on Feb 24, 2017
Is Alarm.com about to dominate the smart home software market? That is what Honeywell alleges in its new lawsuit, first reported by...
Axis: "Everything is IP" - False on Feb 24, 2017
Axis is congratulating itself, with executive Fredrick Nilsson declaring: "Now the conversion is all done and everything is IP and analog is...
Advertising Like Avigilon at the ISC West Airport on Feb 24, 2017
Avigilon has grabbed a lot of attention over the last few years advertising at the Las Vegas airport when attendees fly in. But how does that...
Artificial Intelligence Robot Assistant (ACTi) on Feb 23, 2017
Has artificial intelligence come to the video surveillance industry? ACTi has released 'SARA' which it bills as an 'AI assistant that brings...
Cutting Costs 70% Using Milestone With HD Analog on Feb 23, 2017
HD analog and enterprise VMSes are often thought of as being on opposite sides of the spectrum, with HD analog best for small jobs due to its low...
Dahua 4K HD Analog Cameras Announced on Feb 23, 2017
HD analog has been gaining popularity (even if Axis hopes otherwise). Last year, HD analog's max resolution doubled from 1080p to 4MP (see our 4MP...
Uniview (UNV) IP Cameras Tested on Feb 22, 2017
"We're #3," in China says Uniview (UNV). While the company significantly trails Hikvision and Dahua in total sales, one notable difference is that...
Glass Doors and Access Control Tutorial on Feb 22, 2017
The biggest challenge for many access control systems are glass doors. Here's what happens when a maglock is improperly installed to an existing...
Exacq Favorability Results on Feb 22, 2017
For years, Exacq has been one of the most frequently favored VMSes in IPVM integrator statistics (e.g., see Favorite VMS Manufacturers...
The Hot RMR Company - Electric Guard Dog on Feb 22, 2017
The financiers at the Barnes Buchanan conference praised a company named 'Electric Guard Dog'. While the name sounds fairly low tech, the money and...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact