VMS Developer Lensec Acquired

Author: Brian Karas, Published on Aug 10, 2016

Independent VMS companies have been popular acquisition targets in the security industry the past few years (with Tyco acquiring Exacq, Canon acquiring Milestone, Panasonic acquiring Video Insight, OnSSi acquring Seetec, etc., etc.)

Now, Houston-based Lensec announced their acquisition by a Jordanian company JValley.

In this report we share feedback from our discussion with Lensec, examining this acquisition and the state of the market for independent VMS companies.

*********** *** ********* **** **** ******* *********** ******* ** *** security ******** *** **** *** ***** (******** ********* *****,***** ********* *********,********* ********* ***** *******,***** ******** ******, ***., ***.)

***, *******-******************** ***** *********** ** * ********* ******* *******.

** **** ****** ** ***** ******** **** *** ********** **** Lensec, ********* **** *********** *** *** ***** ** *** ****** for *********** *** *********.

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

Lensec **********

****** *** ******* ** **** *** ******** * *** ******** that *** **** ******** ** ********* ******* **** ********** *** education. **** ***** *** ********* ** *** $** - $*** range. ***** ** *** ** **** ***** ****** ** *** end-user, ********* ** ***** *** *** ***-******** *****.

*** ******* *** ****** ** **** * ****** ******* **** sales ************, ** ******* ***** ** ******** *** ****** ** years, **** ***** **** *********, *********, ** ******** ********** ** even ***** **-***** ***** **** ***** ******* *** *******.

JValley **********

******* ** * ********* ******* **** **** ******** *********** *** distributes ******** ** *** ****** **** *** ******** ****** ******. They**** ~** ********* ** ********.

******* ********** **** **** *********** ************* ** ******'* **** **** in *** **** ******* *****, ********* ** * ****** ***** to ******.  ******* *** **** **** ******'* ******* ***** ******* outside ** *** **.

Acquisition ***** *** *********

**** ***** *** ******* ** *** ******* ** *** ***********, Lensec ******** ** *******. ***** **** ****** ******* ******** ** JValley *** *********** *** ************* ************, ** ***** **** ** a ****** **** * *********** *********** ** ** ******** *******.

Future *** ******

****** **** **** *********** **** ****** **** ** ****** *********** and ******* *********** ******* ******* ********, ********* *** ******* ** an *****-***** ********* **** *** ********* *** ***** ****. ****** will **** ***** **** ***** ****** ***** ***** ** * more *********** *******-******* ******** ** *** **.

** ******* ***** *** ****** ** ******'* ********* **** ****** due ** *********** ** *** ******** *** **, ******** ** other ****** *** ********* (**** *****, *********, ****, ***.), **** smaller *** *** **** *********.

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

** ****** ** *** **** *********** ***** ** ******** ** the ******** ** ***** ****** *** *** ************* ** ******* hardware ************* **** ** *********** *** *********** ******** *********.

Comments (3)

*** ******* *** ****** ** **** * ****** ******* **** sales ************, ** ******* ***** ** ******** *** ****** ** years, **** ***** **** *********...

** **** ****, **** ****** **** *** *** *** **** the ****; ** ******* *** ******** ***** ******** ******, *** instance.

******* ** ** *****, ******, ***** ** **** ***** *** previous ***** ** ******, ****** ******* ** ****, *** * think ***** *****. ** ** **** ** ********* **** ********* family, *** ** ************* **** ********* ** *** ****** ******* business *********, *** ** ** * ****** ***** ***. *'** heard **** *** **** ** ****** *** ** *** *******, for * ****** *********** ** *** ****** ******. ******** * friend-of-a-friend ****, ** *** ***-**-*-******-**-*-******.

**** **** *** ***** *******. *******, *** *** ** *******, was ** ***** ******** ** ******, *** *** ****** * huge *********. **** ***** ** * **** ******** **** *******.

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

Milestone: "Easy Money Days Are Over" on Feb 17, 2017
Contrary to IPVM's criticisms, Milestone has reaffirmed that glory days remain. But they admit that they 'easy money days are over': Are the...
Panasonic Favorability Results on Feb 16, 2017
Panasonic is one of the largest brands in the world and a long term provider of both video surveillance imagers and cameras. But, like all...
Hikvision Silicon Valley and Canada R&D Expansion on Feb 15, 2017
After massive growth in their sales team, Hikvision is now planning to add two new R&D centers in North America. In this report we examine...
Bosch/Genetec Video Cybersecurity Partnership Examined (CHAVE) on Feb 15, 2017
Surveillance products have been relatively weak when it comes to cyber security. Default passwords, open ports, and weak authentication mechanisms...
Avigilon New VMS Version ACC6 Examined on Feb 13, 2017
Almost 4 years after ACC5 was released, Avigilon is releasing the next major revision of their VMS, which includes their Appearance...
Integrator's Top Selling Cameras 2017 on Feb 13, 2017
8 manufacturers accounted for 80% of the top selling camera lines for ~150 integrator responses. This report demonstrates which brands integrators...
Hitachi Taking On Security Industry on Feb 09, 2017
Hitachi, bigger than Sony and Panasonic overall, with $89 billion USD 2016 total revenue, is expanding into the security industry. They are...
Milestone App - PSIM Lite (Alesys) on Feb 09, 2017
Milestone has many features in their VMS, but it is not a PSIM. Italian PSIM developer Alesys thinks sensor integrations and alarm management can...
Dahua USA To Triple To 200 Employees on Feb 08, 2017
Months ago, Dahua USA reported 65 employees. Now, by the end of 2017, the company plans to triple to 200 employees, becoming one of the largest...
$18.7M PSIM Acquisition Examined (IDV / Everbridge) on Feb 06, 2017
This may be the biggest deal for a PSIM developer ever. In a segment that has disappointed for more than a decade, a recent IPOed company has...

Most Recent Industry Reports

Simplisafe is 'Blowing The Doors Off' on Feb 17, 2017
The company alarm dealers love to hate, Simplisafe, is 'blowing the doors off' according to Michael Barnes, one of the top financial advisors in...
Hikvision OEM DDNS Devices To 'Lose Remote Access' on Feb 17, 2017
The fallout of Hikvision's DDNS discontinuation is expanding, this time hitting OEM partner Supercircuits, who reports that on June 30th: The...
Milestone: "Easy Money Days Are Over" on Feb 17, 2017
Contrary to IPVM's criticisms, Milestone has reaffirmed that glory days remain. But they admit that they 'easy money days are over': Are the...
Directory of Alarm Panel Manufacturers on Feb 16, 2017
Alarm panels are the central controller of intrusion systems. The following is a list of manufacturers of alarm panels. This directory only covers...
Panasonic Favorability Results on Feb 16, 2017
Panasonic is one of the largest brands in the world and a long term provider of both video surveillance imagers and cameras. But, like all...
China Huawei Gives France Free City Surveillance on Feb 16, 2017
China is using its financial resources again, this time in France, just a month after the Chinese government funded a $100 million security /...
Hikvision Silicon Valley and Canada R&D Expansion on Feb 15, 2017
After massive growth in their sales team, Hikvision is now planning to add two new R&D centers in North America. In this report we examine...
Directory Of Wholesale Central Station Monitoring Providers on Feb 15, 2017
Wholesale central stations help smaller and local dealers providing monitoring to their customers. Dozens of options exist.  Below is the first...
Bosch/Genetec Video Cybersecurity Partnership Examined (CHAVE) on Feb 15, 2017
Surveillance products have been relatively weak when it comes to cyber security. Default passwords, open ports, and weak authentication mechanisms...
Security Alarm Industry Trends - Barnes on Feb 14, 2017
This is a review of key security alarm industry trends, taken from Michael Barnes' presentation at the 2017 Barnes Buchanan conference. Key trends...

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