March Networks Being Acquired By Taiwan's Delta Electronics

By John Honovich and Carl Stoffers, Published Oct 04, 2021, 08:07am EDT

Nearly a year after being put up for sale, March Networks is leaving PRC government-controlled Infinova and is being sold to Delta, one of Taiwan's largest electronics manufacturers.

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Delta is most known in video surveillance for its majority ownership of Vivotek, acquired in 2017. Now, it will separately own March Networks.

We spoke with March Networks about the deal, what it means for the company's future, and how Delta Electronics will benefit from the acquisition.

Delta's ********* *** ******

******* * **-**** *** electronics ************ ** ********** and ********** ********, **** ~$10 ******* ****** *******. Like **** ************ *********** industry **********, ***** ** looking ** ********* *** expand **** ******** *** subscriptions. *** ***** ******** deal ***** ****** **** to ****** **** *** grow ** *** ***** surveillance *****.**** **** ********* ***** from ************* ***** *******:

Good **** *** ********

***** ** ****** $*** million*** ***% ** *** shares ** ***** ********, which ** * **** deal *** ********. **** ******** ******* **** year:

*** ****** ** *** hearing ******** ***** *** March ******** ** ** the $***+ ******* ***** while ******* *** ******* us **** ****** *** more ** *** ~$** million *****.

******** **** *** *** got *** ***** ** wanted.

******** ****** **** **** doubled *** ********** **** March ***** ************ ****** * ****** ago (******** ****), *** **** **** that******** ***** ** ********, ******* ** **** time ******* $*** ******* in ****.

*******, *******, ********'* ****** has **** ***********, ** the ******* ** *** trading ** **%+ ***** than **** **** **** public * ****** ***.

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******** ***** **** *****, the ***-**** / *** surveillance ********.

*********

********* ******* **** **** price *** ************* *** high, *** ****** *** video ************ ********* *** the ********* *** **** is ******* ** **********. For *******, **** *****,***** **, **** **** than $* ******* ** 2020 *******, *** ******** for **** **** $** million. ** ********, **** at * $***+ ******* acquisition *****, **** ** just ******** **** ** March's ****** *****. ***** March's ******* **** ** enterprise *********, ***** *** a **** **** ** converting * ********** **** of **** ** ************ revenue **** *** **** 5 *****.

No *********** **** *******

***** ******** *** ******* will *** ** ********** by *** **** ****** company, *** * ***** spokesman ********* **** *** operating *************. ***** **** the ********* ***** **** partnerships ** *** ****** of ****** ********, *** not ************ ******* ** the ***** **********:

**** ****, **'** **** to **** **** ******* synergy, ***** ** *** leverage ***** [*******] **** competency, *** ***** ** no ************ ** **** time **** * ************* path

**** *** *** **** any *********** ****** ** Vivotek ***** ** *** acquired ** ***** **** years ***.

March ***** ******* *** ******

*****'* ********* **** ** "absolutely *****" **** *** long-awaited ****, ****** ** part ** *** ********, and **** *****, *** company **** ****. *** plan ** *** *** executive **** ** **** in *****, *** ********* should *** ** ******** by *** ****:

**** * ******** **********, there *******'* ** *** change *** *** ******** and ********* ** ***** of *** **** **** with. *********, *** **** is ** ****. **'** excited *******, ** * company, **'** ***** ** be **** ** **** investments **** ** *** have **** **** **** from ****** **** *** last *** *****.

** **** **** **** is * ***/***

*****Networks ******** ** *****/****

*** **** ****** ***** Networks ** ***** ** the ***** *** **** area, ** **** ** provide ****** ***** *** Delta, *****'* ********* *****:

** ******* ** *** R&D **** **** ********. They're [*****] ******* ** us ** ******** **** we **, *** ** drive ******** *** ********* revenue ***** **** *** business **** **'** ****** to **** ****.

Focus ** ******, *** **** ****

* ***** ******** ********* said **** *****'* ******** will ** ********* **** Infinova, ******** ** ******, not *****-**** **** ****:

***** ********, ** ******** a *** ** **** cash ****, *** ** haven't ****** **** **** to ******** **** **** parts ** *** ********. Delta ***** ** * very ********* ***** ** financial ***********.

Planned ************

***** ******** ***** ** IPVM ***** *********** ********* companies, *** ***** *** talk *********. *** ******* said **** ********** **** complements *** ****** ** presents * ******* **** another **** ** ********* the **** ** ******* for ** *** ******:

**********-**** ************ **** ***** out ** ********* ** give ** ** ***** point **** * ***** are ****** **** ** have ****** ** *** not **** ***** *** Infinova ******. **** ** that *** ** **********, some *** ** *********** acquiring ****** ***** ** the ***** ** *** interested ** ***** **.

From ***** ** ******

******** ***** **** ********* increasing ************ *** ***** Networks, ** *** ** government *** ******* **** on *** ***** ************ manufacturers *** ************ ************'* *** ********** *********** shareholder.

Ramping ** *********

*** **** ***** *** been ******** ** *****, based ** **-****** ******, those ******** ****** ** largely **********. **** ****** has *** * ****** effect ** *****'* ********, the ********* ****:

*** ********* **** ** titled '** *** ***** from ******* ******* ** playing *******.'

Outlook - ********

**** ** * **** deal *** **** ******** and ***** ********.

******** *********** *** ** divest ***** ** ********* risk *** ********* ********** the *******, **** **** got * **** ****.

***** ******** ** *** free **** ******** *** the *** ***** *****. Plus, ** *** * new ***** **** **** say **** ******* **** in ********* *** **********. March *** *********** **** in ********* ********* *** at ***** * *** years, ***** **** *********, so ** **** ** interesting ** *** *** well **** *******.

Email ** ********

**** ******** *** ********* email ** ********, ****** below:

** *** *** *****, March ******** *** **** undertaking * ********* ******* to ****** *** ********* structure. *’* *** ******* to ******** **** ** have ****** ** ** acquired ** *****, * $10 ******* *** ****** company. ***** ** * leader ** ******** **********, industrial ********** *** **** center ************** *** ** known *** *** ********** to ***** ******-****** *********. It *** *********** ********* throughout ***** ******* ********* a ***** *.*. ************ in ******* ****** *** manufacturing ******** ** ******* U.S. ****** ** **** as ******. ** *** close ** *** ********* worldwide, ********* ** ******* for *&* **********, *** 37 ************* ******. ***** is ********* ** *** video ************ ****** *** is ********* ***** ******** to ******** *** ******** in *** ***** ******** as *** ******** ******** to *** *****. ** are ******* ** **** change. ** **** ******* provider ** ** ***** surveillance, ***** ******** ******** this *********** **** ********** allow ** ** ****** serve **** *** *** your ********* ** ********** more *** *** ********** products. ** **** ***** March ******** ** ******** Delta’s ***** ** ********** growth *** ******* *** strategy ** ** *** leading ******** ** ***** surveillance *** *****-***** ******** intelligence ** *********** ********. Delta ** ******* **** this ******, ** ******** and ***** ************ *** complementary ** *** ******** automation *********. ** ****** March ******** ** ******** to ******* ** ** independent ****** **** *** Canadian-based ************ ** ******, and **** *** ******** management ****, *** ** myself, **** ****** ** place. **** *****’* *******, we **** ** ******** our ********** ** *****-***** video ************ **** *** investments ** *&* *** our ******* *******. ** we **** **** **********, you ****** *** ** change ** *** ****-******* of ******** *** ******** you ********* ******* **** March ********. **** *********** does *** ****** *** you ******** *** ******* our ******** ***** *** your ******* *** ********* remains ** *****. *** team **** ****** ** place *** ** ***** to ***** **** ***** as ** ****** ****. While **** *********** ** still ******* ** ********** approvals, ** *** ********* it **** ** ******** and *** **** **** close ****** *** *** of ** ****. ****** you **** *** ********* about **** ******, ****** don’t ******** ** ***** out ********. ** ********** your ******** *** ** look ******* ** **** exciting **** ******* ** the ***** ******** *****. Sincerely, ***** ***** ***** Networks ********* & ***

Vote / ****

Comments (6)

*** ******** ** ***** Networks ***** *** ** the ***'* ***** ** not ********* * ***** given *** ******* ************ hellscape ** **** ** where ***** ** ************ clamping **** ** **** Kong's *** (****) ******'* autonomy.

Agree: 4
Disagree
Informative
Unhelpful
Funny

* ***** ** *** have ****** ******** **** what ******* ** ***** if ***** ****** ******.

Agree: 6
Disagree
Informative
Unhelpful
Funny

** ******, * ***** with *** **************, *** this *** ******* ***** up ** *****.

** * ******* ****, the ********** *** ***** day *** ********* ***-*******...

Agree
Disagree
Informative
Unhelpful
Funny

* ***** ******* ***** March ******** ****** **** give ** **** ** the ****** ********.

** ******* *** ****** conversion **** **** ***** from *** ** ****. At *** **** ** had ****** *** ***’* and ********* ***** **, multiplexers *** ***. **** it *** **** ********* and **** *’** ***** DVTel (** ***** *****).

*** ******** ** *** them **** **** **** and *** ********. * vaguely ******** *** ********* around **** ** **** time ******.

Agree
Disagree
Informative
Unhelpful
Funny

*'* **** ** **** that ***** ******** ** turning ***** ***** **** to ******. *** *-****** launch ****** ****** ******** and ****** ** ******* the ****. ***** ******* recording ******** ** ******, but ** ********** ******* behind ***** *** *********.

* **** ** *** them ****** ***** ****** analytics, *** ***** ** better *********** ** ***** analytics **** ***** ***.

Agree
Disagree
Informative
Unhelpful
Funny

**************** ** ******** ******** ******* *, **** confirming *****'* ****.

*** ****** ***** **** Infinova ******* ** **** March ** ****** **** in ******** ********:

******** **** *** *******'* strategy *** *** ****** situation ** ******** ***********, in ***** ** ***** the *********** ************* ******* by *** ******** "*** **************" *** "*** ****** *** *** Gardens", *** ******* *** decided ** **** ***% of *** ****** ******** in ******** ****** ** order ** ******** *** efficiency ** ******* *********** and ** ****** **** in ******** ********. *** Company ******* ** **** 100% ** *** ****** interest ** ******** ******.

*** ****** ********* *****'* revenue *** ******* *** 2020 *** *** ***** 6 ****** ** **** (in ***):

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** **** ******* *** ~$41 ******* ***, *** 2020 ******* *** ~$** million ***.

******** *** ***** ************** (an ******** **********) **** signed * ***-*********** *** Non-Solicitation ********* **** *****:

****** *** ********** ******, within *** ********** ******** and ****** *** ********** Territory, **** ****** *** Swann ****** ***** *** undertake ******* *** ** compete **** *** *******, not ** ********* *** Subject's ********* *** *********, and *** ** ******* the *******'* *********. "********** Period" ***** * ****** of ***** (**) ****** from *** **** ** delivery. *** ********** ******** is *** ******** ** which *** ******* ** currently *******. *** ********** business ** *** ******** in ***** *** ******* is ********* *******. *** restricted *********** *** ***** America, ***** ******** *********, Australia, *** ******* ***** countries. ******** *****, *****, and *** ****** **** (except *** ****** **** Emirates) *** *** ********** territories.

Agree
Disagree
Informative: 5
Unhelpful
Funny
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