PRC Government Entity Now Controlling Shareholder of Infinova / March Networks

By: Charles Rollet, Published on Jan 16, 2020

A PRC government entity is now the controlling shareholder of US security manufacturer Infinova as well as its wholly-owned subsidiary March Networks, IPVM has confirmed.

IPVM Image

This means Infinova, a New Jersey-headquartered company, has the same ultimate controlling shareholder as Hikvision. This comes at a time of unprecedented scrutiny into PRC government video surveillance and of Chinese investments into US firms.

Infinova told IPVM that "Infinova is not controlled by the PRC government", stressing this has no effect on their US operations or subsidiaries - the banking surveillance specialist March Networks and home video surveillance firm Swann.

While Infinova's new PRC government owner says it will help sales within China, it poses a risk to March Networks' major US banking customers to depend on surveillance products with such PRC government ownership.

In this exclusive report, we examine this news and its broader impact, including:

Infinova Background
SASAC Now Controls Infinova
Reasoning
SIH Examined
Infinova Response
National Security Concerns
March Banking Customer Concerns
Potential for March Divestiture
CFIUS Risk
March Networks Response
The Trend of PRC Government Takeovers

* *** ********** ****** is *** *** *********** shareholder ** ** ******** manufacturer ******** ** **** as *** ******-***** ********** March ********, **** *** confirmed.

IPVM Image

**** *************, * *** ******-************* company, *** *** **** ultimate *********** *********** ** Hikvision. **** ***** ** a **** ** ************* scrutiny **** *** ********** video ************ *** ** Chinese *********** **** ** firms.

******** **** **** **** "Infinova ** *** ********** by *** *** **********", stressing **** *** ** effect ** ***** ** operations ** ************ - the ******* ************ ********** March ******** *** **** video ************ **** *****.

***** ********'* *** *** government ***** **** ** will **** ***** ****** China, ** ***** * risk ** ***** ********' major ** ******* ********* to ****** ** ************ products **** **** *** government *********.

** **** ********* ******, we ******* **** **** and *** ******* ******, including:

******** **********
***** *** ******** ********
*********
*** ********
******** ********
******** ******** ********
***** ******* ******** ********
********* *** ***** ***********
***** ****
***** ******** ********
*** ***** ** *** Government *********

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

Infinova **********

******** ***** ** *** Shenzhen ***** ******** ** 2011,******* * ******* (*** video ************ *********) $*** million *** ***** *** valued **** ** ~$*.* billion. *******, *** *******'* valuation *** ********* ** the **** ******, ******* the ********* ** *** PRC ***** ************ ******:

IPVM Image

***** ********'* ******** **** grown *************, *********** **** about $** ******* ** 2009 ** ***** $*** million ** ****, **** growth *** ******* ****** on ************ ** ******** firms (***** ******** ** ****,***** ** ****) ****** **** ********'* own ************ ********. ******** even********* ******* ******* ********* company **************** ****, *** **** sector ******* ******** $*** million ** ***** **** year *.*. ****** **** of ********'* ****** *******, according ** ********'* **** annual******.

Profitability *********

***** **** ******** ******** has ******** ** ******* growth *** ********, ** has *** ********* *************. Infinova's ********* *********** **** that **** **** ** the ***** ***** ******** of ****, ******** **** about $*.** ******* ** sales *** * *** loss **-$*.** ******* ** that ****.

IPVM Image

**** ****** ** ******** to ********** ***** ************ manufacturers **** ********* *** Dahua, *** ****$*.** **********$*** ********* ******* ** **** respectively (******** ** $** million *** ******** **** year). ******** *** ********* to **** * ******** in *** *** ********** surveillance ****** **** ***** firms ***** **, ****** been "******** ** ** American *******" ** ***** as**** ********** **** ****.

Founder ******* *** ** ****** *********** ***********

** * ******** ******** stock ********************, ******** ****** **** a ******* ************** ********** *********** "****** *** *********** shareholder ** *** *******" with ********* *** ****** rights **** **.**% ** Infinova's *****.

IPVM Image

**** ******** ***** *** bought *% ** ******** for ***** $** ******* (343 ******* ***) **** a ***** ******* ********** by ******** *** *** founder ******* *** ********* ******** ***. (*** ******* ***** substantial ******** *****, ***** it ***** ****** ** 2018.) *** ******** *** also **** ** ****** rights **** **** ** its *****, ****** *** the *********** ***********.

SIH ***** ** ***** - **** ** *********

***** * ***** ********** entity ***** ** ******* businesses ** ******** *** the *********** "******* *** Area". ** ********* *** ******** ********* SASAC ** *****-***** ****** Supervision *** ************** ********** of *** ***** *******.

IPVM Image

************* ** *******,******* *** ******* *** economic ****** **** ******** China's ********* *****-***** ********** sector. *********'* *********** ***********, CETHIK, ****** ***** ***** ** SASAC.

Official ********* *** ****

********* ************** ******** **** *** would **** ******** ** a ****** ** ****, such ** ********* ********** and ********** ********:

** * *********** *********** of *** ****** ******* [Infinova], ******** ********** ******** will *** *** ********** toconnect *** ****** ******* **** ***'* *****-***** ****** ****** *** *** ******** ***** ** *** ****** ******* (********* ***** ****, ***** ****, ***** ****, ******* *********, ********, ***.) ** ****** *** ****** ******* ** ********** ******** ********; it will use the resource advantages of Shenzhen Investment Holdings and its subsidiaries to assist the target company in developing relevant business; the advantages of investment and [SIH] funds and financial resources to assist the target company to expand *** **** ****** **** *** ****** ******* ******* **** ***** ********* ************, *********** ********** *** ****** ** ********* *** ******** ********* *****. [emphasis added]

Infinova ********

******** **** ** * detailed ********, ******* **** Infinova ** "*** ********** by *** *** **********" because:

*** *********** ** ******** is *** *****. ** is ***, ** ********** holding ******* ***** ******* is ** ******* ***** development ** ******** ** investing ** ***** ***********. SIH ** ***** ** Shenzhen **** ********* **********. By *** ** *******, SIH ** ******* ** a ********* **** ** the ***, ***** *** operated ** * ************. One ***** *** ******** a ********* **** ** be ***** ** ********** by *** ******* **********.

*** ** * ********-****** investment ******, *** *** intention **** ******** ** financial ********** ****. ** being ********** ** * “controlling ***********,” *** ** able ** **** ** Infinova’s ********** **** *** overall *******. **** ** important ** ***’* ********* ***** ** an ********** ******* *******, even ****** ** ***** holds ***** ****** **** the ******** ****** ** Dr. *** *** ***.

*** ** * *********** second ** *** ******** US ******** ********** ** Dr. *** (*.*. **. Liu *** ***). *** became *** ********** ** Infinova ******* *** ********* from ********** *** ****** rights ********** **** **** of *** ******, ******* to ******* **********.

******** *** ************ ** managing *** ********* *** business. ** ************ ****** in *** ****** ********** in *** **** *** cited, ** **** ************ is ********, **** *** voting ****** ** *** abstained ****** **** ** restored, *** **** **** controller ******, *** *** combined ** ******** **** regain *******.

** *****, ******** ** not ********** ** *** PRC **********.

******** ******** ******* ****:

***’* ********** ** ******** is ****** *********.
********’* ********** ** ***** Networks ** **** *********.
******* *** (* ** citizen *** ********) ** the ***** ******* ******* of ******** *** ** in ****** ** ********’* business ******* *****.
***** ** ** *********** or ******** ** **********, products, *** ********** ******* March ******** *** ********’* companies ** *****. ***** Networks *** ******** ** a ********, ********** ******** independent ** *** ********* from *** *** **** continue ** ** **. The ********* ** *****’* business ********* ** *** affected ** **** ******.

******** **** ********* ****** from ***** ************ ********:

****** **** **** ** recent *****, ********’* ******** in ***** ************ ** China *** ********** ** a ********** ***** ** terms ** ********’* ******* and **** **** ** in ***** ** ****** share ** *****. ******** in ***** ** *** a ******* ********* *** information ******* *********** *******.

Analogy **********

******** **** **** **** SIH ** *** ***** by ***** *** ** the ***** **********, ******* to * ********* **** in *** ***. *******, SIH ** **** ** the ******** *****, ***** has ******** ** *** ******* on *** *******.************, ********'* ********** ***** the **** **** ****** the ***, *** *** is * ******* ***** by * ****** ********* party **** ******** *** levels ** **********.

**** ***** *****-***** ******** - **** ***** **** - **** **** ***** loyalty/obedience ** *** ********* Party, *** **** **;*** *** *** *** Party ************** ********* ******* *** Party *** *** ********* role ****** *** *******, for *******:

******* ** *** "********** ***** ************ *** ****** ******* of ********* ****** *** development", ******* **** "*** new ****** ** ********* decision-making"
******* * "******* ******** *****" ** "** ***** and ********* *** ********* speech ** ******* ********* Xi"
******* ** "***** *******" ** *** ****** of *** **** **** protests ** ******* "*** security ********* ****** ********" and ****** ********* ** "always ** ********" ******* "external ******* ******"
*** *** ***************** *** **** ********** *** ******* ********* Party ***** ****** ********* to "****** ** ********* thinking **** ******* *************** in *** *** *** of ** *******"

Focus ** "******* *** ****" *******

** ** **** ***** that *** **** ******** that ***** *** *** government's *****, ***** ******* the **** ** ***** up *** ********* *** "******* *** ****" ****** ******** - a *********** ** **** ********** in **** ******* ***'* **** ****** ties ** *** ******* mainland.

** *** ******** ******************, ******** **** ** would *********** **** *** on ******* *** **** projects:

** *** ******, *** Company [********] *** *** will ********** ************* ** the *********** ** ***** Industrial *****,the *********** ** *** *********-**** ****-***** ******* *** ****, and will work closely with other portfolio companies of SIH and SASAC regarding collaboration and capital support, in order to achieve a win-win [situation] and build a future together.

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

***** ********, ***** ** ***** owned ** ********, *** find ****** ** * difficult ******** ***** ** provides ***** ************ *** major ** ********** ******* clients ("**** **** *** banks *** ****** ******" worldwide, ******.)

***** *** ********* ****** of *** **** **** process, **** ******* *** be ********* ** ** further ******** **** ***** Networks *** ** *** parent ******* ****** * PRC ********** ****** ** its *********** ***********. *******, this **** ** *********** for ***** ** ***** as **** **** ******** or ********* ** ******** with ***** *********.

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

***** **** **** **** they ***** "******** ** operate *************". ***** ** their **** *********:

************, **** ******* ** March ********, ** **** continue ** ******* *************, just ** ** **** the **** * ***** since ***** ******** ** US-based ********. *** ************ has ******* *** ******* to **** **** *** top-line ******* *** ************* in ****** ***** ***** delivering ** *** ***** of *** ****** ********** customers. ** ***** ****** the **** ***** ** independence ** *** ******.
***** ******** ******** *** designed ** *** *&* centers ** ****** *** Italy. *** ** *** Intellectual ******** ** **** in ******. ***** ** no *********** ******* ***** Networks *** ******** *********** teams.
*** ******** ** *** products *** ************ ** our ************** ** ******** by *** ****, **********-***** Sanmina (******: ****) - our ****-**** ************* *******. Together, ** **** ********* arguably *** ********’* **** reliable, *******, *** ****** Linux-based ********* **********.
*** ********** ********* ****** secure ***** ********* *** we *** ********* **** March ******** **** ******** to ******* ** ***** needs **** **** *** future.

Divestiture *********

** *** **** ***, this ***** *********** * more ********** ****** *** March.

** ******** ** *** challenges *** *****'* ******* customers, ***** *** ** strong '*********' *** ***** to ** **** ** Infinova. *** *******, *****'* video ************ ******** ** at *** ******** *** of *** ****** *** Infinova's ***** ******* ********* agency ** ** ** benefit ** *******-******* ***** Networks.

******, *** **** *** years **** ************ ******* equity *****' *********** ******** in ******** ******** *********. March, ** ***** * sizable ****** ** ***** niche, ***** ****** **** suitors.

Potential ******** ******** ******** / CFIUS

*** ** ********** *** a ******* ********* ***********(*** ********* ** ******* Investment ** *** ****** States) ***** ******* ******* is ** ****** *********** sensitive ******* *********** **** US *********, ********** ** they **** **** ******** technology/data *** ******* ***********.

******** ******** ** **** IPVM ** ** *** informed ***** ** **** transaction, ******:

** ****** ******* ** specific ***** *******.************* *** ***** *********** seriously *** ** **** advice **** ******* ** ensure **** ** *** in ********** **** ********** laws *** ***********.

**** ******* *** ** CFIUS ****** ** **** did *** ** **** not ******** * ******** yet.

************, ***** *********, ***** involvement ** ********.****** *********, * ******** ****** at *** ******** ********* for ************* *********, **** IPVM **** "***** *** always ****** * *********** if * ******* ******* takes * *********** ***** in * ** ********."

** ********, ***** ** likely ** **** ** interest ** *** ******** is ********** **** * foreign ********** (***** ** some ***** *** **** trigger * ********* ****** to *****), ** *** technology *** ** ******** provides ***** ***** ****** controls, *** ** *** US ******** ** * supplier ** *** ** government (********** ** *******) or ** ** ******** infrastructure.

The ***** ** *** ********** *********

******** ** *** ****** company ** *** **** few ****** ** ** taken **** ** * PRC ********** ******. ***********'* ******* *** ********, Netposa ******** *****-**********. ***** *** ***** fit **** * ******* pattern ** *** *** government ******** ** ** many *** ***** **** increased ************ *** ** China's ************ ********** ************* conditions.

**********

**** **** ***** ** positive *** ******** ** SIH ******** ***** *** company ****** ********* *** government ********, ** ** has ******.

*******, ** ******** ***** for ***** ******** *** to ********** ** ********** client ******** **** *** government *******.

*** **** **** ******** a ********* ***** ***** if ***** ******* ** step **.

**** *******, **** ****** concerns ***** **** ***** 'private' ***** ********* *** taken **** ****.

Comments (22)

Marco Sanchez

01/16/20 04:31pm

**** *********** *** *********** article. * **** ****** been ******* *** *** recent **** **** ***** address *** ***** ******** purchasing ** ***** ******** companies.

* ****** ** ***** would ******** *** ********* of ********* ************ ** the *** **** ***** services, ******** *******, ** a ******* *** ******** infrastructure? ******* ** *** if **** ******* ** your *********.

John Honovich

IPVM | 01/16/20 05:19pm

*******, ********* *********!

*****'* **** * ****** over *** **** **** about **** *** ********** in ********** ******* ** between '*******' *** ***** companies *** *** ********** created ********* **** *********.

**** *** ********** *********** ****** *********** ******** of '*******' ********* **** became **********-**********.

***'* ****? *** ** you *** ** ********** buyer ** *** ********, how **** ** *** need ** ****** **** takeover ****?

Undisclosed Manufacturer #1

01/16/20 07:04pm

**** *********** **** ******. Be *********** ** *** how **** ******** ******* and ** ** **** the ********* **** *** is *** *****.

Sean Nelson

Nelly's Security
01/16/20 11:29pm

*** ** *** *** em *** ***!

John Honovich

IPVM | In reply to Sean Nelson | 01/16/20 11:35pm

***** ** *****’* *** March ********* **** ** side? ;)

Undisclosed #2

01/17/20 12:33am

* *** ********** ****** is *** *** *********** shareholder ** ** ******** manufacturer ******** ** **** as *** ******-***** ********** March ********, **** *** confirmed.
******** **** **** **** "Infinova ** *** ********** by *** *** **********"

* **** ***** ***** of * "*********** ***********" not ****** *** ******* over * ******* **** control. *** **** ***** I ** **** ******* my ************** ******** ** take **** * ***** with * ***** ** salt.

John Honovich

IPVM | In reply to Undisclosed #2 | 01/17/20 02:21am

***** ** * "*********** shareholder" *** ****** *** control **** * ******* they *******.

** ************* ** ***** point ** **** **** (SIH / **** / PRC **********) ** *** care ** '*******' ******* like *** *** ***** customers ** **** *****'* customers *** ***** ** how ** *** ****** inside ** ***** ********'* networks ** ****** ***** customer's ******* *******.

**** **** (*** / SASC / *** **********) eventually **** ** '*******' such ******* ** ********* that **** ** *** West **** ********** ******** over.

* ***** *** **** long-term ******** ** *** Infinova ** ****** ***** Networks. *****'* ********* ******** "** **** ******** ** operate *************" *** "***** is ** *********** ******* March ******** *** ******** development *****.". ** ****, what ******* ** ** keep ***** ** **** of ********?

Undisclosed Manufacturer #4

In reply to John Honovich | 01/17/20 05:34pm

* ***** **** *** claiming ******************** "******* ****"?

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

Undisclosed #5

In reply to John Honovich | 01/17/20 07:03pm

** ****, **** ******* is ** **** ***** as **** ** ********?

* ****** ** ******** could *** ****** *** March ******** ** **** them ***** ******* ***. Who ***** *** ****?

John Honovich

IPVM | In reply to Undisclosed #5 | 01/17/20 07:13pm

* ****** ** ******** could *** ****** *** March ******** ** **** them ***** ******* ***.

******* * **** ********* question ******* - **** is *** ***** ** future ** ***** ****** of *** *** *********** shareholder ********? *'* ***** they **** **** **** keeping ***** ****** ******** than ******* **** ***.

** *** **** **** for*****, **** **** ********* the **** ********** ******** ****** *** ***********:

** ******** / ***** can ********** ***** **** they *** ******* * real **** ******* *** shambles ** * ****** organization.

*** ***** *** ****?

*****'* * *** ** cash *** *****. ******* bought *******. ******** ****** Pelco. ***** ** ** better ***** **** ***** companies **** **** **** sold.

* ***'* **** **** March ***** ** **** do *** ** ***** et **. *** "***, we *** ***** ** take **** ******* *** lead * ***** *********** March" **** **** **** buyers. ***** ** ****** a ********.

*** ********* *** ******** is **** ******* ***** could ***** *** ***** to **** ************* ** March ********* ***** ** balk.

* ** *** *********** this **** ** * complicated ***** *** ******** / ***** *** *****'* certainly * **** ** divestiture **** *** ** in *** **** ********* of *** ********.

Undisclosed #3

01/17/20 06:37am

***** ** **** ** you ***** ***** ** a **** ** *** West.

**** *** ** ** the **** ** ****** money *** **** ******** or ** ******* * home ********, *** **** controls ***. ** **** not *** *** ********** your ***** ********, ** tell *** **** **** to *** ** **** brochure, *** ** *** the ***** ** **** and **** ********** *** own ** *** ***'* perform *** **** *** on ********.

*** **** ** **** SASC, **** *** **** you **** *********, *** if ***** ** *** return ** ***** ********** they **** *********...

* ********** ***** **** it ** *** ******* to ***** **** ***** is * ********** ****** or **** **** **** of *** *** ** control *** ***** ******* IP *******. *** ******** with ***, ***** ** infinova ******* *** ******** the ******* ** ****** workmanship *** ** ******* down. ***********, ****** ***** business **** ***** ***** to ** ***** **** at *** *** ** the *** ** ** a ******* ***** ** one-party **** *** **** anyone ******, ********** ** they *** *********** ***** holder ** ***.

** *** **** ***** the *** **********, **** buy *** ********, ***** are ***** ****** ** options *** *****.

John Honovich

IPVM | In reply to Undisclosed #3 | 01/17/20 07:06am

***** ** **** ** you ***** ***** ** a **** ** *** West.

**, ****'* *****. ***** does *** **** ***** of ****** **** ***. Don't ******* **. ****** review*****'* *** ******* ******** website*** ********:

** ** ** ********** political ************. ********* ************ such **:

**** * ********** ****, SASAC *** ** ******** in ********* *********** *** unlike * ********** ****, SASAC *** ** ******** and ******* ****** ********* purpose.

** ** **** ** argue *** *** *** PRC **** ** **** using *** ****** *** "***** ** * **** in *** ****" ** simply * ***** *******.

John Honovich

IPVM | 01/17/20 06:54pm

* *** ******* ***** from *** ****** ***** Review ****** **** ***** -**** *******? ***** ************ strategic **** **** *** on ** - ****** Asian ******, *****:

* ***** ** *** listed ******* ********* ******* ownership ** ****, ******* 60% **** **** *** year ****** *** ** China's ******** ********, ********* to *** ***** ********** Journal, * ********* ****** by *** *****-*** ****** News ******.
** ***** **** ******* ownership, ** *********, **** a ******** ****** ************** of ***** $** *******, were ******** ** *****-***** companies ** **********-*** ********** companies. **** **** ******** in ****** ********* ****** like ************ *** *********** systems.

**** **** ******* ** both ******** *** ******* from *** ********:

******** ********, ****** ** a ******** ********** ********** company, ******** ***** **** surveillance ******* *** *** enforcement. *** ******** **** been **** ** **** 100 *********, ********* ** North ******* *** ******.
******* ************ ****** ********, NetPosa ************, *** ******** by ******* ********'* ********** arm.

Undisclosed Manufacturer #6

01/19/20 05:43pm

**** **** * **********, their *********** ******* ********** with *** **** *********** processing ********/****** ** *** bank. ***** ****** **** and *** *********** ** captured *** *** ********'* face **** ******** ***** is **** ** *** transaction.

**** ***** ****** ************ if ***** **** * vulnerability ** **** *******. This **** **** ****** the **** ** ****** a **** **** ** buffer ******** ** ****** an ** ******.

** *** ****** ** stick ** ** **** enemy ******, ****** *** transaction ****** ** * major ****.

Zachary S.

Gen IV Technology
01/22/20 04:09pm

*******. ***** ***** *******!

**'* "******" ** ** there *** ****** **** a ******** ****** **** from *** *** ** the *.*.*. ** *** of *** ********** ********* in *** ****** ********** that ***** *** ********* channel ******** *** ******* in. ;)

* ***** ** ** about ****, **** ******* actually, **** *** ******** took ****** *** *************** *********** *** *.*.*.'* **** take ***** *** **** intentional "******* *******" **********, and **** ** *** aligned **** ********* **** actually **** ***** ****** a ****** ******. * future ***** "********" ****** does **** *********.

* ****** *** **** information *** ** ********/******? A *** ** ** distributors/manufacturers, *** *** ****** level *********** & ********** that ******** ****, *** conversing ** **** ***** here ** **** ** great, *** **'* ******* the **** ******** ** companies *** ***-***** ***'* know *** ** **** care.

** ***, ******, ***** it ** ****** * problem ** ********* & awareness? **** ** ******** actually **** ***** **** (among *** ***** ***** problems) **** ****'* ********* care?

John Honovich

IPVM | In reply to Zachary S. | 01/23/20 02:20am

**'* "******" ** ** there *** ****** **** a ******** ****** **** from *** *** ** the *.*.*. ** *** of *** **********

******* ** ******* *** Infinova, *** ******** *** more ** "**'** ***** to **** *******, ** make ****** *********** ***** bets."

*** *******, **** ******* Liu, *** ******* ** Infinova, *****'* ** ******** that ** *** ******* or ***** ** **** a *** ********** ****** the *********** *********** ** Infinova *** ***** *** company's *********** ********* **** was *** **** **** available ** ***.

********, **** *** **** at *** ******* **********, I ** ***** * lot ***** **** *** PRC / *** *** but ********* **** *** implicit ******* ** **** PRC ****** ** *** rest ** *** ***** forever. **'* ******** ******* if *** ***** *** market ** ***** ** grow **% *** ****, every ****, ** ****** in **** **** ** super *********, ********** *****-******* and ****** ************. ************* for *** ** **, it's ******** ***** ***** that ** *** * mistake.

Zachary S.

Gen IV Technology
In reply to John Honovich | 01/23/20 06:48pm

* ***'* ******* ** strategy **** ******* *** Infinova's ****** ** ****, but * *** ********** make **** ********** & guesses ***** *** ***'* points ** **** *** why **** ***** **** to ******* ******* ************ Properties *** ************/********* (********** companies **** *** ******** in **** ******* ************).

* ***** ** *** clear ** ****** **** can **** **** *** "right ***" ****** *** just ***** ** ******* for * ****** **** it *** * *******. Assuming **** *** ******* companies *** **** ***** two ** ***** ***** ahead **** ** *** assume **** **** ***/**** what ***** **** ** the ********, *** ********* to ** ** *************.

*** ********* ******** ****** that ***** *** ******* and *** ********. ** also **** **** ***** has ******* *** ***** industry ** *******. *** wouldn't **** ** ** to *** ********? **** has ****** **** ********* gets ****** ********* **** their ********** (* ***** you ******** $* ******* in *** ****). ** know *** * **** that ***** **** ******* companies ** **** ****** and "** ********" ***** Americans **** *** ** expense **% ** ******* expenses/costs ** ***** ********.

** ****** **** **** for * ****, ** least ** *** ***** if *** ******** * posteriori, **** ********* *** Dahua *** *********/**** ******* in *** "******* *******" strategy. **** *** ******** on ***** ********* **** to *** ****** ***** this.

* ****** ** ******** companies *** *** * lawsuit ** *** ****** could **** ** ******? It **** ** ***** my **** **** * can *** ** *** HD ******* ****** **** smart ******** ** * metallic *** ***** ******* for ******* **** * can *** **** ****** and *****...

*** ******* ** ** American ********* ***** | The *** ******: **** ******* *********** a ********** ********* ******* called *******-*******. ** ****, he ********* *** ****** of **** *** **** the *****’* ******* ******** against ***** **** “*******,”the ******* ********** ******* ******* ** the *.*. **** *** priced ***** **** *** cost ** ***** *********. He ***. *******-******* ***** up **** *****-*** ******* dollars ** ****-******* ******.

Undisclosed Manufacturer #7

01/23/20 03:26pm

**** ****** **** ** a ***-******* *** ************ that ** ***** ***** (and, ********** ******)?

Undisclosed Integrator #8

In reply to Undisclosed Manufacturer #7 | 01/23/20 03:46pm

****'* **** ********** ** moderately ******?

**** (***!) **** *****, but **** ******* ****-*** NVR **********.

*********** ****** *** *** on *****. ** *** run ** ** * Raspberry **, **'* ****.

***** *** ******* ***** compatible **** **** *** mentioned ** **** **** discussion:** ****** ***** *** Found, *** *******-*****

Zachary S.

Gen IV Technology
In reply to Undisclosed Manufacturer #7 | 01/23/20 07:10pm

**** *****... **** ** going ** ** * great **** *** *** industry ;)

Undisclosed Manufacturer #6

In reply to Undisclosed Manufacturer #7 | 01/23/20 09:08pm

******* *****\****** ****\** ********. Exacq ** ****, *** depending ** ****** ********, might *** ** ********** priced.

John Honovich

IPVM | 03/08/20 03:20pm

*** *** ** ***** uncomfortable **** ***** ***** Networks ***, **** *** consider *********.

********* *** ** *** pitching *****:

**** ********* **, ** say *** *****, ***** the ***, *********, ***** cybersecurity ********, ***.

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Dahua Co-Founder Says Human Rights Sanctions Shows Strong Dahua Technology on Oct 29, 2019

Despite Dahua doing nearly a billion dollars of projects in Xinjiang, including building and operating police stations, Dahua not only denies 'any...

Hikvision Dissolves North American Business Unit, Splits Canada and USA on Oct 15, 2019

Hikvision has dissolved its North American Business Unit, splitting up US and Canada operations as the PRC-government owned manufacturer faces...

Megvii Financials and Growth Examined on Aug 30, 2019

Megvii has already received more than a billion dollars in investment. Now, the company, a top China facial recognition provider, has filed for an...

Stanley Makes "Multi-Million Dollar Investment" Into Banned Hikvision Products on Aug 09, 2019

Just days from the US government ban going into effect, US mega-corporation Stanley has dramatically increased its imports of banned Hikvision...

Alibaba Makes Major Investment Into Uniview on May 30, 2019

China's e-commerce and cloud services giant Alibaba has bought 15% of the shares of Uniview's parent company, TransInfo, in a deal worth ~$500...

Goldman and Fidelity Funds Sell Off Hikvision, Dahua Stock Over Xinjiang on Mar 29, 2019

Major US funds run by financial giants such as Fidelity and Goldman Sachs have sold their equity stakes in Hikvision and Dahua "as scrutiny...

Most Recent Industry Reports

"Fever Camera" Show Starts Tuesday on May 31, 2020

IPVM is excited for the world's first "Fever Camera" show, to be held this Tuesday, June 2nd and Wednesday the 3rd from 11am to 3pm EDT, giving you...