Nortek Acquires IntelliVision

By: John Honovich, Published on May 08, 2018

One of the largest intrusion manufacturers, Nortek, has acquired the self-proclaimed 'Leader in AI-Based Video Analytics Software', IntelliVision.

In this note, we examine the deal, Nortek's rationale, IntelliVision's mixed background and the potential impact of the deal in the increasingly hot 'AI' sector.

*** ** *** ******* intrusion *************,******, *** ******** *** self-proclaimed '****** ** **-***** Video ********* ********',*************.

** **** ****, ** examine *** ****, ******'* rationale, *************'* ***** ********** and *** ********* ****** of *** **** ** the ************ *** '**' sector.

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

Nortek **********

****** *** ******** ** 2016 ****'* *******, * ******* that ************* ******* ****** *************** companies. ******'* ******** *** Smart ********** (***) ********, including **** *** ******, *** ~$600 ******* ** ******* for ****,**** ***** **********:

***** ****** ** * major ****** ** *********, they *** *********** ********** in ***** ************, ****** 2GIG ****** * ***** number ** ***** ************ devices (*.*.,**** *** ****** ****** ***** ******* ** ******* ** Chinese *** ******'* ********).

IntelliVision **********

*************(** ******** ** *** video **** *******), ** one ** *** ******* ***** analytics *********, ******* ** the *****, ****** *** company ** *** ****** known. **** **** ********* OEMed ** ***** ************ manufacturers **** ***** ********* ***** viewed ** ******** ** solid ** ******* ******** sources **** *** *****. While *** ******* *** some *********** *********** *** **********, ** ** *** particularly **** ** ******** vision *** ******* *** many ******** ****** ********** the ******* ******** ***. The **** ****** *********** **** IntelliVision ******** ** ** on ********* **** *** IntelliVision's ***** ******** *****.

Revenue *** *********** *****

***** ******* *** *********, we ***** ******** *************'* revenue ** ** ***** $10 ******* *** *** acquisition ***** ** ** under $** *******, ***** the *** ****** ** employees *** ******* ***, the ******* ****** ** deals **** **** **** in *** ***** ******** model ** ******** ********* simple ********* ** * component.

Nortek's ***

****** ********* *** **** acquired *************:

******* *** ******** *****, gate ** ****** ****** that ********** *** *********** user *** ******** ***********, uniquely ** **** **********. That’s *** **** ** intelligence ** **** ********* into *** *********, *** this **** ***** *********** benefits ** *** ********* and ***-*****.

*** '******** ** *** individual' *****, ** ** relates ** ***** *********, **** closely ******* ****** ***********. However, ***** ************* ******* ****** recognition, ** *** ****** they **** *** ******* in *** ******, ** has ********* **** *** VMD **** *********.

4 ******* '*****' *******

****** ********** *************'* ***** from * ****** ***** release "*** ****** * ******* Smart ******* – ****** in **-***** ***** ********* Software", ******* * **** of ************* ********* **** as:

*******, ***, *******, ****, Ambarella, ********* ********/*****, *********, DLink, ******, *** *****.

************* *** ****** **** these ********* **** **** in ****** ** *** being **** ** ***** analytics. ***** ********* ***** basic ********* *** *** not ***** *** ********* for ****** ******, ****** accurate *********.

** *** *** *****, calling ******* **** *****, Netgear, *****, ****, ***. '*****' stretches *** ******* ** the ****.

Shady ********* - *****, *** *******, ****** *** ***** *******

** *** **** **** year, ************* *** ****** up ** ***** ********* practices:

** ***** ** **** acquisition, ** ** ******** that ***** ******* **** done ** ***** *** company's ************** *** ** acquisition. **********, ** ******* the *********** ** *** company ** ****** ********** organizations **** *** ** resort ** **** ********* measures.

Weird ****

*** ******* ** ********** in ***** ************. *** other ******* ******** ** be * *** ****. The *********** ** *****. However, ** ****** ***** to ***** **** ** video *** ** **** are ******* *** ******* of ******* ********** *************'* analytics, ********* ***** **** of **. ***********, *** most ****** ******** ** nothing *********** *** ** this ****.

Comments (9)

* *** ****'** ******* to ***** * ****-******. Their ********* **** ** perfect *** ****** ****, and ******* **** *** Nest ** *** **** are ** *** *** most ******* **** ******** product ***** **, ** the ***** ***** **** of ****** **** ******** give **** ***** ******* for ***** ** **** as ** ********* ** sign * **** ********** contract. **** ****** ***** to ***** ********* ***'* make ****** ***** ***, but ****** * ****** with **** **** ******** like ****** ***** ************ might. *** **** **** allow **** ** **** an ***** *** ****** and ********** ******** *** at **** *** **** the *******. ***** **** cloud ******* ***-**** ***'* *** ******* keep *** ***

******* *** ******** *****, gate ** ****** ****** that ********** *** *********** user *** ******** ***********, uniquely ** **** **********. That’s *** **** ** intelligence ** **** ********* into *** *********, 

********** ** ****, *** I ***** **** **** described * ***?

** ** ****, * security ****** **** ** as *********** ** * dog ***** **** ******** a ***** ***** (******** a ****** *****, *** you **** **** * mean). 

****** *** ******* *** know **** * ** always *** *** **** security **** *** *** for ***** ****. ** answer ** ****** * big, **** *** *** a ** ***** .

** ******* * ****** peeing ** **** ****** while *** *** ** work...

** ***, ***** ** be ** ** * added * *** ***** to **** ********?

  1. “*** ************ **** ** computer ******” – ************* has **+ ********* ** which **** ** *** PhDs ** ***. 
  2. “***** ******* **** ****’* smart” – ****’* *** Wikipedia ********** ** ***** camera *****://**.*********.***/****/************. ***, **** * Ring ***** ******** (**** our *********** ****** *********) is * ***** ******.  In **** ***** *******, we ******* **** *-* analytics *********. 
  3. *** ****** *** ******** from **** **** ***** our ****** *********** **** #2 ** *** ******** challenge (***** * ******* faces), *** *** ***/**** software ******** **% ********.  
  4. ** ** **** **** to *** ****** ****** search ** **** ** #1 ** **/***** *********. It ***** **** ***** to *** ***** ***** validations, *********** *** **** technology ********. **’** ***** of ** *** ****** everyone ** ****.
  5. *** ******* *** ******, but ****** **********, **** ********* have **** ********** (**+ yrs) *** ****** **********, and ******** ***** **** validated ****** **** ****** was *******. ****** ***’* make ***** ***** ********* easily ** ******* ***** justification *** ****** **********.

***’* *** * **** to **** ** ** can **** ******* **** questions *** ***** ****** your ******** **** **** real *****... 

****** ******, *** *************

******,

* ******* *** ** you ****** ** *********. It *** **** ******** not ** **** ** us. ***'* **** **** clear **** **** ********* person **** ** ** saying **** *** **** still ** ************ ***** I **** ** ***** I *** * **** of ** ***** **** Nortek.

* ** ***** ** speak **** ***. * provided *** ** **** phone ****** ** **** email. **** **.

* ** ********** **** response, **** **:

(*) ** *** **** some ***** ** ***** on *** ** **** or ****?

(*) ** * **** doorbell ** * ***** camera, **** *** ** camera ***** ** * smart ****** ******* **** all ******* **** **** of********************** ****** *********.

(*) ************ *** *** ** an ******** ************ ********* **** ****** so ***.

(*) ****** ****** ******* ********* is *** **** ** con *** ** ****** marketing ******. **** *** * company *** ***** * Frost '*****', **** ** embarrassing.

(*) **** '******'? **'*** ***********. *** *** *** *** of *** ******* *** you ***'* **** *** difference ******* * ****** and ** ***********?

** *** *****, * am ***** ** ****. Email ** ******* * time ** **** **** my **** *****.

*************: *** ******* ******* that****** ** **** **** founded ** ******* ********* after */**.

**** ** *** *** answering * **** **** question ** **** (***** ~12 ***** ** ******** since */**).  ****** *** specificity ** **** ** his *** *******.

As ** ******** **********, *** *** ***** **** ** * ******** ******* ***** ** **** ***** **** *** *** **** ***** *****?

***** *** *** * am **** ***** **. Disney *** **** * great ********. **** *** always ******* ** *** ways ** ****** ****** customers *** *********. ** their ***** *****, **** wanted ** ****** ********** customers **** ******* ** flow *** ****** ** specific *****. ***** ************* technology, **** *** **** more ******** *********** ** better *** ***** **** operations.

******* ********* ******* *** related ** ******* **********. Throughout *** ****** ******, in ****** ***** *****, there *** ***** ******* running ************* **********. ****** 15,000 ******* **** **** deployed ** ** ******** to ****** ******* ******* lights *** *************. **** was * ******** *** behind *** ****** ******* that ****** ***** ****** today, **** ** **** don’t ******* **** **.

****** ****:  ** ********* for ** ********** ******* above ********* *** **** 'specificity'.

** ********* *** ** make * ***** ***** the ********* ** **** of *** *** ****** that ** ** '**** proud **'.

*.*. *** ******** ** all.

*.*. ** *********** *******-***** is *** *** *** after ** *****, **** bragging.

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