Nortek Acquires IntelliVision

Author: 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.

*** ** *** ******* ********* *************,******, *** ******** *** ****-********** '****** ** **-***** ***** ********* Software',*************.

** **** ****, ** ******* *** ****, ******'* *********, *************'* mixed ********** *** *** ********* ****** ** *** **** ** the ************ *** '**' ******.

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

Nortek **********

****** *** ******** ** **** ****'* *******, * ******* **** ************* ******* ****** *************** *********. ******'* ******** *** ***** ********** (SST) ********, ********* **** *** ******, *** ~$*** ******* ** revenue *** ****,**** ***** **********:

***** ****** ** * ***** ****** ** *********, **** *** effectively ********** ** ***** ************, ****** **** ****** * ***** number ** ***** ************ ******* (*.*.,**** *** ****** *********** ******* ** ******* ** ******* *** ******'* ********).

IntelliVision **********

*************(** ******** ** *** ***** **** *******), ** *** ** the ******* ***** ********* *********, ******* ** *** *****, ****** the ******* ** *** ****** *****. **** **** ********* ***** to ***** ************ ************* **** ***** ********* ***** ****** ** mediocre ** ***** ** ******* ******** ******* **** *** *****. While *** ******* *** **** *********** *********** *** **********, ** ** *** ************ **** ** ******** ****** *** unclear *** **** ******** ****** ********** *** ******* ******** ***. The **** ****** *********** **** ************* ******** ** ** ** selecting **** *** *************'* ***** ******** *****.

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

***** ******* *** *********, ** ***** ******** *************'* ******* ** be ***** $** ******* *** *** *********** ***** ** ** under $** *******, ***** *** *** ****** ** ********* *** company ***, *** ******* ****** ** ***** **** **** **** in *** ***** ******** ***** ** ******** ********* ****** ********* as * *********.

Nortek's ***

****** ********* *** **** ******** *************:

******* *** ******** *****, **** ** ****** ****** **** ********** the *********** **** *** ******** ***********, ******** ** **** **********. That’s *** **** ** ************ ** **** ********* **** *** portfolio, *** **** **** ***** *********** ******** ** *** ********* and ***-*****.

*** '******** ** *** **********' *****, ** ** ******* ** video *********, **** ******* ******* ****** ***********. *******, ***** ************* markets ****** ***********, ** *** ****** **** **** *** ******* in *** ******, ** *** ********* **** *** *** **** analytics.

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

****** ********** *************'* ***** **** * ****** ***** ******* "*** ****** * ******* ***** ******* – ****** ** **-***** Video ********* ********", ******* * **** ** ************* ********* **** **:

*******, ***, *******, ****, *********, ********* ********/*****, *********, *****, ******, and *****.

************* *** ****** **** ***** ********* **** **** ** ****** is *** ***** **** ** ***** *********. ***** ********* ***** basic ********* *** *** *** ***** *** ********* *** ****** strong, ****** ******** *********.

** *** *** *****, ******* ******* **** *****, *******, *****, Ring, ***. '*****' ********* *** ******* ** *** ****.

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

** *** **** **** ****, ************* *** ****** ** ** shady ********* *********:

** ***** ** **** ***********, ** ** ******** **** ***** actions **** **** ** ***** *** *******'* ************** *** ** acquisition. **********, ** ******* *** *********** ** *** ******* ** strong ********** ************* **** *** ** ****** ** **** ********* measures.

Weird ****

*** ******* ** ********** ** ***** ************. *** ***** ******* pretends ** ** * *** ****. *** *********** ** *****. However, ** ****** ***** ** ***** **** ** ***** *** if **** *** ******* *** ******* ** ******* ********** *************'* analytics, ********* ***** **** ** **. ***********, *** **** ****** scenario ** ******* *********** *** ** **** ****.

Comments (9)

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******* *** ******** *****, **** ** ****** ****** **** ********** the *********** **** *** ******** ***********, ******** ** **** **********. That’s *** **** ** ************ ** **** ********* **** *** portfolio,

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** ***, ***** ** ** ** ** * ***** * few ***** ** **** ********?

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  3. *** ****** *** ******** **** **** **** ***** *** ****** recognition **** #* ** *** ******** ********* (***** * ******* faces), *** *** ***/**** ******** ******** **% ********.
  4. ** ** **** **** ** *** ****** ****** ****** ** make ** #* ** **/***** *********. ** ***** **** ***** to *** ***** ***** ***********, *********** *** **** ********** ********. We’re ***** ** ** *** ****** ******** ** ****.
  5. *** ******* *** ******, *** ****** **********, **** ********* **** deep ********** (**+ ***) *** ****** **********, *** ******** ***** were ********* ****** **** ****** *** *******. ****** ***’* **** these ***** ********* ****** ** ******* ***** ************* *** ****** validation.

***’* *** * **** ** **** ** ** *** **** clarify **** ********* *** ***** ****** **** ******** **** **** real *****...

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

******,

* ******* *** ** *** ****** ** *********. ** *** your ******** *** ** **** ** **. ***'* **** **** clear **** **** ********* ****** **** ** ** ****** **** you **** ***** ** ************ ***** * **** ** ***** I *** * **** ** ** ***** **** ******.

* ** ***** ** ***** **** ***. * ******** *** my **** ***** ****** ** **** *****. **** **.

* ** ********** **** ********, **** **:

(*) ** *** **** **** ***** ** ***** ** *** 32 **** ** ****?

(*) ** * **** ******** ** * ***** ******, **** any ** ****** ***** ** * ***** ****** ******* **** all ******* **** **** ************************ ****** *********.

(*) ************ *** *** ** ** ******** ************ ********* **** ****** ** ***.

(*) ****** ****** ******* ********* ** *** **** ** *** men ** ****** ********* ******. **** *** * ******* *** touts * ***** '*****', **** ** ************.

(*) **** '******'? **'*** ***********. *** *** *** *** ** *** ******* *** *** don't **** *** ********** ******* * ****** *** ** ***********?

** *** *****, * ** ***** ** ****. ***** ** suggest * **** ** **** **** ** **** *****.

*************: *** ******* ******* ********** ** **** **** ******* ** ******* ********* ***** */**.

**** ** *** *** ********* * **** **** ******** ** 2014 (***** ~** ***** ** ******** ***** */**). ****** *** specificity ** **** ** *** *** *******.

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

***** *** *** * ** **** ***** **. ****** *** been * ***** ********. **** *** ****** ******* ** *** ways ** ****** ****** ********* *** *********. ** ***** ***** parks, **** ****** ** ****** ********** ********* **** ******* ** flow *** ****** ** ******** *****. ***** ************* **********, **** now **** **** ******** *********** ** ****** *** ***** **** operations.

******* ********* ******* *** ******* ** ******* **********. ********** *** United ******, ** ****** ***** *****, ***** *** ***** ******* running ************* **********. ****** **,*** ******* **** **** ******** ** US ******** ** ****** ******* ******* ****** *** *************. **** was * ******** *** ****** *** ****** ******* **** ****** helps ****** *****, **** ** **** ***’* ******* **** **.

****** ****: ** ********* *** ** ********** ******* ***** ********* the **** '***********'.

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*.*. *** ******** ** ***.

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

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