Covi Megapixel to Make a Comeback?

Author: John Honovich, Published on Oct 13, 2009

Covi, one of the most embarrassing failures in the video surveillance market over the last decade, may be making a return. In February 2008, Covi's assets were acquired in a firesale by GE Security. In the press release of the firesale acquisition, Frost & Sullivan affirmed Covi as "one of the technology leaders in the video surveillance industry." Then, over the following year and a half, hardly any public announcements were made about Covi.

Now with GE Security on the defensive over their own impending sale, they are promising "some great leading-edge products" from the Covi acquisition to launch in 2010. GE Security's CEO states, "It would have been easy to just take [Covi's] products and put them out there but we've taken a longer-term approach and making sure we can commercialize it."

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