Multilaser / Giga Security Brazil Company Profile

By Robert Wren Gordon, Published on Oct 05, 2020

As part of our expanded Latin America coverage, IPVM is profiling regional industry players. While Multilaser is not well known globally, they are a notable Brazil-based security provider.

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In July, we profiled Brazil’s biggest CCTV camera manufacturer, Intelbras.

In this report we examine one of Intelbras’s Brazil-based competitors, Multilaser, and its Giga Security brand, answering the following:

  • Multilaser & Giga Security: What’s the Difference?
  • Company Overview
  • Giga Security Changes Hands, Multilaser Acquisition
  • Revenue
  • Key Markets
  • Products
  • Domestic Production
  • Video and Access OEMs
  • Competitors
  • Growth and Coronavirus Impact
  • Multilaser Security Business Outlook

This company profile is part of a series of more than 100 company profiles that IPVM has published over the last four years.

Multilaser & **** ********: ****’* *** **********?

********** ***** ******** *** surveillance ******** ***** **** the ********** *** **** Security ******, **** **** post **** ******* ********** as * ***** ** lieu ** ******** ****** to **** ********. ********** purchased **** ******** ** 2017, ** ********* ******* below.

Company ********

IPVM Image************ **ã* *****-***** ******* **** *** founded ** **** ** Israel *********** [*][*] ** * ******** of ******* **********. *****, Multilaser ** *********** ***** by ******’* *** ********* Ostrowiecki, *** ******* ******* of *** ******* ***** a **** ****** ******** involving *** ******, *** Renato *****.

********** *** **** *,*** employees***** ******* *** *ã* Paulo ************, ********* *********, ***** ***************, ********, *** *&* ****** in********, *****.

IPVM Image**** ******** *** ******* in **** ** *********************** ****ê*** * ********** ******** incubator ** **** **** smart ***** ** ******* babies ** ********* *****. As ***** ****ê* **** IPVM, *** ******* **** “was *** **********” *** the ******** ********** *** baby-tracking ********** ** ****** access ******* *******. *** brothers ***** ***** **** CCTV ****** ********** ***** Sony ********* ********* ** a ******* *** **** in ********* **** ******* in ******, ******** **** to ****’* *** ***** office *** ********* **** with ****-*** **** **** used ** ****** ******** camera ********** ** ****** in ****.

**** ********-******* ******** *** sold ************ ******* *** channel *** * ******* of *** ******** ********* distributors *** *** ********* by ******* ***,*** **********, as ********* ** ***** Gouvêa.

Giga ******** ******* *****, ********** ***********

*** ****ê* ********, **** of **** **** **-******* stakes ** *** **** Security ******, **** ***ú***** e ***é**** ** ******** de *******ç* *****ô**** *.*.,**** * ********, **-******* interest** *** ******** ** French ************** *** **** *** €7 ******* ($* ******* USD).

*** ****ê* ******** ****** out *****'* ***** ** 2016************* *** ****** ******** to ********** ** ***** 2017*** ** *********** ******.

*******

**** **** ******** ** R$ *.* ******* ($*** million ***), ********** ** larger **** *********.

IPVM Image

***********, *** ********/************ ******** accounts *** * ***** chunk (**** **** *%) of **********'* ***** *******, in *** ***** ** $20 ******* *** *** 2019.

Key *******

********** *** **** ******** currently ** *** ******** market ***** ******** ******* of ******; ***** ****ê* confirmed ** **** **** "less **** *% ** our ***** *** *************." That ****, ********* ** Mr. ****ê*, ********** ** currently "*****" ** ** agreement ** **** **** of *** ******** (********* Giga ******** *********) *********************.

****** ******, *** ******* end-users ** ********** ********/************ products *** **** ***** and ****, ********* ** Mr. ****ê*:

*** ******* ***-***** *** small- *** ******-***** ******** such ** ** *****, offices, ******, *** *****- and ******-***** *********. ***********, we **** **** **** government, ********, ******, *** university ****, *** *****- and ******-***** ********** ********** Giga ********’* **** *********.

********

********** ***** * **** range ** ********** ********* such ** ***********, ***, audio *** **** ******* equipment, *********, *******, ********** appliances, ******* *** ******* solutions, *****, *** ****, as***** ********* **** ******** shows.

IPVM Image

***** *** **** ******** brand, ********** ***** **** cameras, ****, **** ******, cables, **-******, ***** ******* accessories (*.*. ***********, **********, and *********) ** **** as ****** ******* ********* and **********, ****** ********'* **** ******* guide *****.

**********- *** **** ********-******* cameras ***** ** ***** from $** ***–$** *** for ****** ******* *** $30 ***–$*** ***+ *** IP *******, ********* ** Bruno ****ê*.

** ********** *** ********** between *** ********** *** Giga ******** ****** ** it ******** ** ******** and ************ ********, **. Gouvêa **** ****:

**** ********- *** **********-******* products *** **** ******* different ***** ********. *** home ******** ********* *** sold ***** *** ********** brand ***** *** **** Security ***** ** ** exclusively ************ ***** **** is *** **** ******* retail ********. ********** ********, on *** ***** **** are **** ******* **** the ******* *** ******-**-********* through ****** ***** ********.

Domestic **********

**********- *** **** ********-******* products *** ******** ** Multilaser's ********* ** *******, Minas ******, *** ******, Amazonas,***** ****** *,*** *** 194 *********, ************.

*********** *******ç* ******ô********* ******* *** *******, MG *******:

***** ****ê* ********* ** IPVM **** ****** *** Multilaser's ******** *** ************ products *** ******** **** Brazil **** ** *********, all ** **** *** based ** *** *** with *** ********* ** Seagate (************** ******) *** ****, through *** ********* ***** of***** *********** ******* ****** ***** finished ** ******. ******** production ****** ********** ** realize *** ******* ** 50–60 *******, ********* ** Mr. ****ê*:

*** **** ** ** invest ** *** ********* economy ** **** *** best ***************. ******* ** particular *** ****** *****, tropicalizing ********** *********** ******* a **% *******, ******* for *** ************ ******* can ** ** **** as **%.

IPVM Image

**. ****ê* **** **** that ********** ** “******** one ** *** ******* electronics **** ** *** country [******], ** ***, the *******.”

Video *** ****** ****

**********’* '*******' ******** *** surveillance *******, ***** ******* for ******* **% ** its ***** ********, *** OEMs ** *******, **. Gouvêa ********* ** ****. The **** ** **********’* security *** ************ ******* are ******** *** * licensing ********* **** **.

************, ********** ***** ** launch ** ****** ******* partnership **** ****** ***** this *****.

***********

** ****, ********** ******** with *********, *********, *** JFL *******. ** ****** control, ********** ******** **** Intelbras *** ** ****** Multilaser ******** **** *** Alarmes *** *********.

Growth *** *********** ******

**********'* ******** **** ******* target *** *$ *.* billion ($*** ******* ***), however, ***** ****ê* ****** to **** **** *** group *** ******* *** revenue **** ******* ** R$ * ******* ($*** million ***).

IPVM Image

** *** ***** ***** quarters ** ****, **********’* security/surveillance ******** ********* ******* of *$ ***.* ******* ($19 ******* ***), ********* its **** ******* ** R$ **.** ******* ($** million ***). ** ****-***, Mr. ****ê* *********** **** security/surveillance ******* ** ** roughly *$ *** ******* ($30 ******* ***) *** is *********** * **** security/surveillance ******* ********** ** R$ *** *******+ ($** million ***+).

**. ****ê* ********** **********'* strong **** *********** ** consumers ******** **** **** at **** ******* ** the *********** ******** *** investing ***** **** ********* would **** **** ***** on ****** *** ****** on *********** *** **** security.

UPDATED: ********** ******** ******** *******

***** *** ****** ************* of **** **** ********* a **** *** **** Multilaser *** *** ******** business, ***** ****ê* ** confident **** **********'* ******** sales **** ******** ** grow ********* **** *** next *** *****:

*** **** ** ** grow *** ******** ******** by ******* *× ** ** *** ****** years. ** *** ************* for ****** ** ***** home, ****** *******, *****, IP *** **** *** by ******** **** ********* with *** ******* **** portfolio. ****, ** *** always **** **** *** new ********** ******** ** new ******* *****.

More ******** ******

** *** ***** ** a ******* **** *** would **** ** *** profiled ** **** (************ a ******** ***** ******** player), **** ***** ** at****@****.***** **** * ******* to **** ****.

*****-*** **** ******* **** calculated ***** * ******** 31, **** ***/*** ******** rate ** **$*=*$ *.****, 2020 ******* **** ********** using * ********* **, 2020 ***/*** ******** **** of **$*=*$ *.****.

Comments (1)

*** ********** ******** ******** Outlook ******* *** **** added ** *** **** to ******* * ********* from ***** ****ê* ***** future ****** **** *** submitted ** **** ***** publication.

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