Exacq 3 Co-Founders Exit

Not surprising news, but it is making me take another look at exacq for the long term for software updates and hardware warranties, and current pricing.  I've been using exacq for the past 7 years and have been very happy with their software.  Hardware hasn't been as robust as if I had built it myself, but buying assembled saved me a lot of time.  I need to add another NVR and keeping it simple means adding another Z-Series.

I recently reached out to inside sales at exacq to inquire about their Z-Series hardware and OS - why they were still shipping with Windows 7 and Gen 4 processors and if there was a planned date for Windows 10 and Gen 6 processors. 

I was told July 2017 they will start shipping with Windows 10 embedded.  (apparently they are still finishing out their support for embedded Win7)

I actually like Windows 7 much more than 10, but current pricing doesn't seem to reflect their use of older hardware and OS.  Anyone else think Tyco's prices are a little high for older tech?

With leadership running for the hills, I can't imagine this being positive for the future of Exacq. 

As an access control manufacturer we had a good integration with Exacq and regularly encouraged customers to buy/use Exacq. However post Tyco merger, we ran into a customer issue so we requested an updated API from Exacq and were told we were no longer allowed to have it. So much for being good partners.

Exacq's executives had a 3 year earn-out from the 2013 acquisition, which would have ended in the past few months, according to sources.

Cashout leaves Exacq change.

I told myself I wasn't going to post anything about this...please forgive my going undisclosed, but I just couldn't sit back and let it go anymore.

The exit of 3 of the founders was not at all unexpected, and in fact it has been planned for some time.  The reality is that all three had been moved into positions that really didn't have much to do with the day to day running of Exacq or it's product development for at least the last couple of years, based on my understanding.

Exacq will be just fine, and based on what I've seen over the past year, much of the struggles they were facing back in 2015 were largely corrected (or at least on the path to correction) throughout 2016.  Loyal dealers who know these folks don't seem too concerned...it's the less common dealers and folks from the outside who are making assumptions based on limited information.

I'm not telling you what to think at all, but I will say that Exacq is doing well and should continue their success for a while to come.  For anyone genuinely concerned and not just looking to capitalize on their perceived misfortune, I hope this helps.

Disclosure: No, I do not work for Exacq, but I know them well.