Intransa Wind Down Investigated

Author: Carlton Purvis, Published on Apr 23, 2013

While we have been reporting for more than a month about the failure of Intransa, there is still no official public announcement. Indeed, visitors to their website who did not know better, would simply assume that everything is just fine. However, we have obtained an internal document from Intransa's 'business advisor' and conducted an interview with them about how the company is being wound down and what is happening to its assets.

We have confirmed that Intransa, Inc., a Delaware company, i.e., the Intransa you know, has transferred all of its assets to a new California company named Intransa, LLC, for liquidation to pay off its debt (according to a letter mailed to creditors this month). The official name for what is happening is called an "Assignment for Benefit of Creditors," an alternative to bankruptcy. Intransa and Intransa, LLC have “no corporate affiliation ... despite their similarity in name,” according to the letter.

*** **** *** ****** * *** ***** ***, *** ****** anyone *** *** **** ******** ****************** ******* * **** ** *** ******, ********* ** ******** Partners, ***,*** ********** **** ******** *** ************. **** ***** *** ******** *** **** **************** **** ** ********, *** ** ** **** **** *** company *** ******** * ***** **** $*** ******* ********** ******* *** *****. *******, ** ****** **** *** **** ** left, ***** ***** ******* *********. ********* **** ***** ********* ** ****** claims *** *******.

***** **********'***?

**** *********************** *** *** ** * *** ******* ************, ********* **************** *** ******* **** ** ******************************** ***** **** ******* *******************. *** ******* **** **** ** **** ******************* ****** ****, *******, ******** ******** **************** **** “******* ******” *******************'************* ******** *** *** *** ** ****. *** **** **** that ************ ******** *** **** ** ** *********** ***** *****.

Address *************

** *** **** **** ** ***** *************************** *** **** ****** *******. **** **** ******* ** *** address *** ******** ********. **** **************** **** *** ******** **** ** **** *****, *************** **** *** ***** ***** ** **** **** ***********************.

********* ***** ******/********

*********************** ******* *********** ******** ****** ********* ***** *** ****** *** ******** ************'************* ******** ** ***** ******* ** ** * *********** ** what ** ***** *******. **** ***** ****** *** ************ **** ** ******* ******** ** *** ******. 

Comments (4)

Whew, dodged that bullet! I inverviewed with them about a year ago or so, and something just didn't smell right. Glad I didn't move over!

Same here... Interviewed extensively with Tom O'Leary last year, fielded several aggressive offers from them- they REALLY wanted me. Thank GOD I didn't move on it. Funny, I feel equally as relieved that I didn't take the big role aggressively offered to me at Vicon... As if THAT isn't a dying star.

That's funny, I also let Vicon buy me lunch about 5 or 7 years ago. I think just about everyone in this industry has the same resume, just put your name on top!

Vicon was a dying star 5 years ago, but I turned them down because the VP or Director or whoever it was across the table from me was a buffoon. No way I would work for him.

@ Both Undisclosed

Perhaps you guys could have saved Intransa? Good point about the Vicon Buffoon though - you will never learn anything from an idiot nor will you teach them anything.

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.

Most Recent Industry Reports

Dahua Intrusion Analytics And VMD Tested on May 21, 2018
Dahua ships basic analytics on practically all their cameras, ranging from low cost to high end. To see how these analytics work in real world...
Exacq Improving Technical Support, Responding To Integrator Complaints on May 21, 2018
Exacq had been a long-term favorite of integrators, but since their 2014 Tyco acquisition, Exacq has fallen in IPVM integrator studies (though...
Best Manufacturer Technical Support 2018 on May 21, 2018
While 5 manufacturers made the worst technical support 2018 list, only 3 stood out as providing the best technical support to 190+ integrators in...
Stealth / UCIT - Remote Video Monitoring Provider Profile on May 18, 2018
Can 2 remote video monitoring companies, Stealth Monitoring from the US and UCIT from Canada combine to impact the market and compete in a changing...
Cybersecurity for IP Video Surveillance Guide on May 18, 2018
Keeping surveillance networks secure can be a daunting task, but there are several methods that can greatly reduce risk, especially when used in...
Forced Entry / Duress Access Tutorial on May 17, 2018
Even though access control normally keeps people safe, tragedies have revealed a significant issue. If users are forced to unlock doors for...
ADT Stock Drops 50% Since IPO on May 17, 2018
It has been a brutal 4 months for ADT. They first expected to IPO at ~$18. They IPOed at $14, dropping immediately to $12.39 And now, not even...
Dahua 12MP Fisheye Camera Tested (NK8BR4) on May 16, 2018
Continuing our coverage of 12MP sensor fisheye cameras, we bought and tested the Dahua NK8BR4, examining: Default vs. Optimized...
Worst Manufacturer Technical Support 2018 on May 16, 2018
5 manufacturers stood out as providing the worst technical support to 190+ integrators in new IPVM results. These integrators answered: In the...
Installing Cameras in Plenums Tutorial on May 15, 2018
There is often confusion about plenum ceilings, with misinformation about what is required when running cables through them and mounting cameras...

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