Cernium Layoffs and Restructuring

Author: John Honovich, Published on May 02, 2011

According to tips provided to us and confirmation from a source close to the company, video analytics manufacturer Cernium has made sizeable layoffs and restructured their operations.

Historically, Cernium focused on the enterprise / government market with products such as Perceptrak (a centralized video analytics offering) and ExitSentry (for airport checkpoint monitoring).

** *** **** *** *****, ******* *** ******** **** *** consumer / *********** ****** **** ********************** **** - ** ** ****** **** ******** ********* *** on-board ******* **** ** ******* ** **********. *** **********, ****** our**-***** ***** **** ******************** **** ****** *********.

*** *** ******** ** ** ******* **** * *** ***** employees **** **** *** ********* *** ***. * ****** ***** to *** ******* ***** *** ******* ** **** *** ******** points *** *** ****, "******* ** ********* ** ******* ***** security ******** *** ** **** *** '****** **** **** **** of ***** ****** *********'. ******* ****** ** ******* * ***** release ****** *** **** ** ***** ********* ***** *** ************."

** ***** ******, ****, **** ******* ** ******** **** ******* the ******** ******. ********* ** **** *** ********** *** ******** markets ** ********* *** **** ********* ** ******. ** ******* this *** **** * ********* *** *******. ********, *** ********** video ********* ****** *** *** **** ****** **** *** **** few ***** (*******'* ********** ** ******** ** ****** ******** *** technology ** ******* ***** ******** ******).

[****** *** *, ****: ** ******** ******* ** **** **** Cernium *** *** ******* ******* ******* **** *** ***** **** not ** ********** ************* (***** ************). **** ****** **** ********* ******* *** **** ** key ********** **** *******.]

[****** *** *, ****: ** ******** ******* **** *******. *******, the********** **** ******** *******'* ******* *** **** ******* - *** ***** ******* public ****** **** *******.]

** *** ***** ****, ***** ******** ** *** ******** ****** has ***** ********. ***** *******'* ********** ** *** **** ***** offering ** ********* *********, ** ** ***, ** *** *** most ********* ********* ** ** ******* - ** ***** $***+ online *******. *** **** ************* *** *** ******* ** *** analytics. *******, ** *** ********* ***** ********'* ******** ** ***** analytics ***, **** ***********, *** ******* ** ***** ********* ** work ******** ****** ** ******* ********'* **** ** ***** ******** notifications.

** ******* ******* *** ****** **** $** ******* ** ** funding ** *** **** ** ***** (*** ************** ************ **********). ******* ****, ** ******** *** *******'* ****** ******* at **** **** $** ******* *** ***** ** ********* ** Archerfish ******* ** **** **** $* - $* ******* *** 2011. ** ** ****** **** ******* ** ********** * *********** ramp ** ** ********** *****. *******, ***** *** ******** *****, we ***** ********** **** ******** ******* ***** ******* ************.

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