NICE to Acquire Orsus Rumors True

Author: John Honovich, Published on Nov 21, 2009

Now confirmed (Nov 23, 2009), Multiple Israeli news sources are reporting that NICE is in talks to acquire Orsus. If this comes true, it would be an important event for the video surveillance and broader security market.

The Israeli papers are reporting an acquisition price of $40 Million USD or less despite overall investment in Orsus of $70 Million USD. See a Google translate version of ynet's article and The Marker's article.

Update - Nov 22: A New report indicates the purchase price is $22 Million USD (see Google translate of Calcalist's article).

****, ** ***** * **** ****** **** ********* $** ******* was ******** ** ***** ****** ** ************ **** ******** (******* * ** *** ******* **** **** ********** ******)

***** ****'* ***** ***** ** *** **** *** ******** ******, Orsus's ******* ***** ********* *****. *******, **** ***** *** ** a **** **** *** *** ********* ******* ** *** **** market. ***** ** ******* ******** ** * *** ******** ** PSIM *********. ** ** ******** ** * ******** ** ********** would ******** *** **** ************ *****.

[******: **** ******* ****** ** *** ***********.]

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 on PSIM

IPVM Inspires PSIM-Challenger Startup on Jun 28, 2016
An IPVM member asked about Agora Systems in a discussion, a company we knew little about, prompting us to reach out to answer our member's...
Vidsys Hangs On, Gets $11M New Funding on May 16, 2016
The founder of Vidsys claims to have invented the term "PSIM" in 2005, and for some time, many thought that PSIM was going to be the new VMS. Over...
ISC West 2016 Best and Worst on Apr 09, 2016
ISC West 2016 had very strong attendance and moderately strong new products, following a year of unprecedented acquisitions. Traffic was almost...
NICE Is Out Of the Video Surveillance Business / Now Qognify on Aug 03, 2015
One of the bigger players of the prior era is exiting the video surveillance market. NICE is selling off its 'physical security business unit' to...
Why PSIM Will NEVER Be Popular on Jun 15, 2015
How do you like this vehicle? Big, ugly, hard to drive, terrible gas mileage, death trap - there's lots of negatives. Now, what if you were...
What 51 Members Want Us To Test on Feb 05, 2015
Over 50 members submitted their requests for products / technologies for us to test. We are looking to build on our industry leading 300+...
Vidsys CEO Out on Jan 27, 2015
Three years ago, Vidsys, one of the last independent PSIMs, named a prestigious CEO. Now he is out. In this note, we look at the move and the...
ASIS 2014 Show Floor Review on Sep 30, 2014
What Happened to the New Products? Nothing major at all. Disappointing. Lots of new recorder boxes, for some reason. Axis is now in the box...
The Most Expensive Bus Surveillance Ever on Dec 12, 2013
$21,000 per bus surveillance system. This is, by far, the most expensive implementation we have ever seen. The Massachusetts Bay Transit Authority...
Rejecting PSIM, Big City to DIY on Dec 04, 2013
Lots of ends users get duped by fancy PSIM presentations. But one big city is rejecting the hype, lead by a former systems integrator now in charge...

Most Recent Industry Reports

Pelco Favorability Results on Dec 02, 2016
This is the first in a series of studies of manufacturer favorability. 100+ integrators rated and explained their views of each manufacturer. We...
Hikvision CEO Declares 'We Do Not Cut Rates" on Dec 02, 2016
Hikvision has led another press trip to China, and this time Hikvision's CEO is sharing insights into their competitive strategy, including...
Network Security Audit App (March Networks) Examined on Dec 01, 2016
Verifying one's video surveillance devices are locked down against common cybersecurity vulnerabilities is increasing important, as hacks using...
FLIR Acquires Drone Manufacturer For $134M on Dec 01, 2016
FLIR has acquired Prox Dynamics, a Norwegian maker of small military-grade drones, for $134M.  FLIR president Andy Teich provided additional...
Down to $50 IP Cameras From Honeywell on Dec 01, 2016
$100 IP cameras are literally old news. And you do not need to buy from spam email vendors anymore to get $50 ones. [premium_content] You can...
Distributor Offers Local Job Site Delivery on Nov 30, 2016
Local distribution branches are a big differentiator for many integrators, as they facilitate quickly picking up supplies locally without having to...
Dump Axis and Hikvision, Arecont Will Pay You on Nov 30, 2016
Do you want to get rid of your Avigilon, Axis, Bosch, Hanwha Samsung, Hikvision, Pelco or Sony cameras? Now, Arecont will pay you to dump them for...
CODEC Guide 2016 on Nov 30, 2016
CODECs are core to surveillance, with names like H.264, H.265, and MJPEG commonly cited. How do they work? Why should you use them? What issues may...
Free Online NFPA, IBC, and ADA Codes and Standards on Nov 29, 2016
Finding applicable codes for security work can be a costly task, with printed books and pdf downloads costing hundreds or thousands. However, a...
Selecting Wood Drill Bits For Installers on Nov 29, 2016
Running cables through studs is common for roughing in residential and some older commercial installs. To do this, you will need to drill holes in...

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