Video Developer Digital Barriers Selling Off Its Video Business

Author: Brian Karas, Published on Oct 31, 2017

~92% of Digital Barrier's $32M USD revenue is from video surveillance.

The company is most well known for its products such as perimeter detection analytics (that they OEM to Axis), face recognition and EdgeVis low-bandwidth streaming platform.

But all of those are being sold off because Digital Barriers sees greater promise outside of the video surveillance market, in its ThruVis platform (which we recently covered).

In this note, we examine the terms of the deal, the motivation of it and the challenges and outlook for the reformed company.

~**% ** ******* *******'* $*** *** ******* ** **** ***** surveillance.

*** ******* ** **** **** ***** *** *** ******** **** as ********* ********* ********* (**** **** *** ** ****),**** ************************-********* ********* ********.

*** *** ** ***** *** ***** **** *** ******* ******* Barriers **** ******* ******* ******* ** *** ***** ************ ******, in ********** ******** (***** ** ******** *******).

** **** ****, ** ******* *** ***** ** *** ****, the ********** ** ** *** *** ********** *** ******* *** the ******** *******.

[***************]

Deal *******

******* ******** **** **** *********** ************* ******* ** ***************** ******* ********** £**.** (~$**.** ***). **** ******** ~*** *********, ******* *****, intellectual ********, *** **** *** ********* ****. ***** *** **** completes ******* ******** **** ****** * ******* *******. *** ********* assets ******* ** *** ******* ******* **** **** **** *** publicly ****** ********* ******, ***** **** ** ***************. ** ******, **** ******* **** ******* ************** ** ********** ******* ** ******* ******** ** ****, ****** **** ********** *** ***** *** ******** ****** ******, and ******* ******** *** ******* ******.

Digital ******** ******** ** ******

********* ** ******* ******** ***** ******** ****** *** ****** ** see *** ************* ** ******* ************, ********* ** *** *******. Digital ******** ********* ********** **** *** ***** ******** *** ******** to ****** ******* ***** *** **** ** ********* ******* ***** and ********* ** ***** ***-**** ***********.

Executive *****

******* ********' ***,*** *********** ****** ** **** ** *** ******** ******* ******** ************. Thruvision **** ** *** ** ******* ********' ******* ***-********* ********, Tom *****, *** ******** *****.

Digital ******** **** *******

*** **** ********* ******(*** * ****** ****-*** ** ***** **, ****) ***** *** vast ******** ** ******* (£**.**) ****** **** *** ***** ******** division, **** **** £** ****** **** *** ******* *******, * drop ** ******* ** ~**%:

******* ***** ******* ******* ** ****, *** ******** ** ******* video ******* *** ********* ********** ** ************** ** *******, * **-***** ********* ********** **** ******** ********** ********* ********* to *** ** **********.

******* ******** ******** ** ******* **** ** £**.**, ****** **** of ***** ** ******* ** ********* ********** ************* *** ***** ********. ***** ******* ************ ** *** **** were ** ~**% ******** ** ************** ***** ** *** ***** business, *** * ******** ** ***** ******* (**% ** **** vs. **% ** ****). **** ** ***** *** ********* ******* to *******, ****** **** ***** ******* ****** ******** ******* ******, it ** * ***** ****** ********.

Banking ** ******* *********** ******

******* ************** ** *** ** ** ********** *******, *** **** **** ***********, ***** **** ******** **** **** TSA *********** ******* *** *** ******* ******** ******* ** ******* the ******* ******* ** *** *********** ****** ** ****** *****.

************, *** ******* ********* **** ** ******* *********** *********** **** be ********, ******** **** ** **** *******, ****** ****** ** drive ******** (******* **** ** ~$***,***), ** ****:

*** ******* ******* ********** ** ** ********** ****** * ****.

ThruVis ************ ********

*** ******* ********* **** **** ********** ************ ****** ** ********, such ** **-***** *********** ** ********* *** ******* *** ********** detection. ************, **** **** ** ******* ** * ******* ************* operation ** *** **, ******** *** ******* ** ** ******** "Made ** ***".

Rationale *** ****

*** ***** ******** *** ****** *** *** ******* ******* ** significantly ********* **** *** ***** ******** ********, ***** ********* ********** to *** ******* ** ***** ** *********** ***** *****, *&*, and ******* ********* ********, ********* ** ** *********. ** ********* the *******, **** ******** *** ****** ***** ** *** **** market *** ***** *********** *************.

Analysis ** ******* ******** ****

*** ***** ********* ****** *** ****** ************ *******, ****** ** have ***** ********* ******** ******** **** ***** ** ******* ******** products ** **** *****. *** **** *** ******* *** **** to *** ~$*** *** ** ********* ******** **** *** *** showing * ****** ** ***********, ****** **** ** ****** *** in ***** **** ** *** ******* ********. ***** ******* ********* by * ** **** ***** *** **** **** **** ** easier *** **** ******** ** ** *********** ****** ****, ** acquire, ***** ************* ********** ** ******.

Outlook *** **********

********** ** *** ******* *** ******* ******* *** **********'* *********, however *** ******* **** *********** ** * *-******* *********, **** the ******** ** **** ******* **** ***** * **** ********* specialty ******. *******, ****** ** ****** ** **** ******** ** terrorist ******** *** ******** ** ***** ****** ** **** **********. While ***** ******* *** ******** ** ******* ** *** *****-****, they *** **** ******* **** ********** **** **** **** ****** ability ** ****** ********, *** ** ****** ******, ** ******* for ****-********* *******, **** ****, ********** **** ****** ** ********** impacted.

Comments (1)

**** ******** **** ***** *** ********** ***.

* ***** *** **** ******* **** * *** ******* ** DB (****-**). * ****** **** **** **** *** ******* *** properly ****** ** ***** ** *****.

** *** **** * ******* **** *** *** **** **** the ** *** ** *********** *** ** ******** *** '** TO' ****** ******** *******.

****** *** ******* ** ************ *********, ** *** *** ***** a * **** ******* ****** *** ** *** ******** ** see **** **** **** ** ** **** ***** ** ********* can ******* ***** **** ****** **** ***** ******* ******.

*** ******* **** **** **** ***** ***.**********.***

****** ** ** ******** ********** ***

**** ** ** ******* ***************

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 on Acquisition

Avigilon Favorability Results 2019 on Jan 15, 2019
Since IPVM's 2017 Avigilon favorability results, the company was acquired by Motorola and has shifted from being an aggressive startup to a more...
Motorola Acquires VaaS / Vigilant LPR on Jan 08, 2019
Less than a year after Motorola Solutions spent a billion to acquire Avigilon, the company has made another major acquisition spending nearly a...
CyberExtruder Face Recognition Profile on Jan 04, 2019
CyberExtruder offers 3D modeling face recognition software that they say provides quicker and more accurate matches than other 2D face recognition...
OnSSI Co-Founders Are Out on Jan 04, 2019
OnSSI's co-founders, Gadi Piran and Mulli Diamant, are out of the company just a week after they were acquired by Qognify. This breaks the common...
DirectView Aims To Be A Video Surveillance Power Like Tyco on Jan 02, 2019
DirectView is a publicly traded US company that tells IPVM that it has ambitions to be the next ADI, Anixter, or even Tyco. In this note, we share...
US Gov China Ban Rules Process, SIA Lobbies Against 'Blacklisting', For 'Risk-Based Protocol' on Dec 27, 2018
Details have emerged about when the rules implementing the federal ban on Hikvision, Dahua, Huawei and others will be made public for official...
Arecont Vision President Resigns, Ex-Pelco CTO Takes Over on Dec 24, 2018
Arecont Vision's President and long-term executive Raul Calderon is exiting the company being replaced by ex-Pelco CTO Shane Compton. In this...
Qognify Acquires OnSSI, CEO Pitches Exciting Future on Dec 23, 2018
Qognify is a VMS / PSIM company, with a tumultuous 2018, that has just acquired a VMS company (OnSSI) who itself acquired a VMS company in 2015...
Open Options Acquired By ACRE on Dec 17, 2018
ACRE is doing deals again. A year after they sold Mercury, they are buying another access control company - Open Options. In this note, we...
Imperial Capital Security Investor Conference 2018 Review - ADT, Resideo, Alarm.com, Arlo, Eagle Eye, ACRE, More on Dec 14, 2018
Imperial Capital Security Investor Conference is an event matching industry executives with financiers that frequently leads to future funding...

Most Recent Industry Reports

Access Control Cabling Tutorial on Jan 15, 2019
Access Control is only as reliable as its cables. While this aspect lacks the sexiness of other components, it remains a vital part of every...
Gorilla Technology AI Provider, Raises $15 Million, Profiled on Jan 15, 2019
Gorilla Technology is a Taiwanese video analytics manufacturer that recently announced a $15 million investment from SBI Group, saying this...
2019 IP Networking Book Released on Jan 14, 2019
The new IP Networking Book 2019 is a 285 page in-depth guide that teaches you how IT and telecom technologies impact modern security...
Arecont Costar Layoffs on Jan 14, 2019
Arecont Vision, a Costar Company, has laid off more than 10% of their workforce in a move the company described to IPVM as a result of "important...
The False SCMP Story on Hikvision NYC AI on Jan 14, 2019
In the past week, one of Asia's largest publications, the South China Morning Post (SCMP), posted an article about "Chinese [facial recognition]...
WDR Tutorial on Jan 11, 2019
Understanding wide dynamic range (WDR) is critical to capturing high quality images in demanding conditions. However, with no real standards, any...
Pelco Favorability Results 2019 on Jan 11, 2019
Pelco had a significant favorability problem amongst integrators in our previous study (see 2016 Pelco results). Now, in the first edition of our...
Bad: Dahua Villa Video Doorbell Tested on Jan 11, 2019
Doorbells are one of the hottest segments in the residential market but Dahua's Villa Video Doorbell is the worst we have tested.   We bought and...
Last Chance - Winter 2019 IP Networking Course on Jan 10, 2019
Today is the last day to register for the Winter 2019 IP Networking course. This is the only networking course designed specifically for video...

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