Milestone Going to IPO?

Author: John Honovich, Published on Feb 04, 2014

A UK news report and conflicting statements from Milestone to IPVM indicate that the company is imminently preparing to go to public, the culmination of a much discussed plan for the Danish VMS developer.

The news report indicates that Milestone has hired UK investment bank, Rothschild, to manage the process on the London stock exchange with a target IPO date in the 'next few months'.

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Comments (1)

Maybe could be the begining of consolidation in the security industry, at least in the VMS market. As IT departments and the public in general take a closer look into surveillance solutions, I think business will start swinging to a smaller group of well known VMS solutions with less room for smaller "me-too" companies.

On the one hand that would reduce choices, on the other the industry is heavily fragmented already and has room, almost need, for some consolidation. I just hope that for smaller companies that have really useful and differentiating technoligies, that those innovations survive and get acquired to live on and make solutions even better, and don't get left behind in patent holding obscurity.

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